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Gold and the next phase after a upward trendline break...

So Gold broke the upward trend line it has been in since 2016. Now the price now has two options. Perform a dramatic bounce above 1250 and stay above the trendline and recommence its upward trend. Or more likely bounce and touch just below the trendline and test another fibonacci retracement line down lower. It appears to be more likely the re-emergence of ...

TheRealPeaches TheRealPeaches XAUUSD, 1W, Short ,
49 0 0
XAUUSD, 1W Short

Gold is breaking the final frontier of a multi-year pennant. It is now nestled below trendline resistance and the weekly 200MA. Could this just be a false move? Unfortunately for the Gold bulls, Gold has to contend with a a very bullish USD. Unless the USD is going to make a move to the downside, I cannot see Gold making ANY serious upside traction. And my ...

jasperlawler jasperlawler XAUUSD, 240, Short ,
22 0 0
XAUUSD, 240 Short
Gold to drop again from 1248 to test potential double bottom

Scenario A) Gold downtrend resumes from 1248, conservative target of 1241.5 because of possible double bottom on daily chart Scenario B) Daily double bottom is in place and look for long opportunities after a close above 1248

Karolis99 Karolis99 GOLD, 240, Long ,
54 1 0
GOLD, 240 Long
Great opportunity to go long on Gold

As you can see Gold currently sitting on a strong support level, with the USD being overbought im going Long on Gold with a target of 1270 within the next 5 days.

WinstonWolfe WinstonWolfe GOLD, 1D, Long ,
271 2 5
GOLD, 1D Long

Gold must hold here otherwise the bull market rally will be cut short and we will have to wait slightly longer for the re-emergence of the new bull market.

JordanWillson JordanWillson XAUUSD, 240, Short ,
32 0 2
XAUUSD, 240 Short
Gold Down To 1300?

I guess it depends on Iran...? Oil has shown there to not be much affect in regards to it's price, could Gold follow. I would like to see a pullback to at least the 1310 resistance zone and see a signal printed before running it down to 1300 area which I believe can be reached. Let's see what happens with the US & Iran........

Sagefx Sagefx XAUUSD, 1W, Long ,
39 0 1
Gold - Weekly - Med term Buy setup

Gold - weekly chart - I see price respecting the weekly support above 1300 level and this setup correlates well with my dollar analysis so lets roll out all my bulls!!!

Sagefx Sagefx XAUUSD, 1W, Long ,
162 1 4
Gold - Weekly - Buy setup

Gold - weekly chart - 1400 coming soon

WinstonWolfe WinstonWolfe GOLD, 60, Long ,
54 0 0
GOLD, 60 Long
Gold Decision Time Soon Approaching

Gold should break this horizontal triangle formation and break through resistance at 1360 in order to maintain that Gold USD is on a bull run. Otherwise look down below. I am more inclined to think this will head upwards however.

Sagefx Sagefx XAUUSD, 240, Short ,
103 0 3
XAUUSD, 240 Short

Gold - Daily chart - Good level to sell gold for a 200-300 points drop from current level. Great risk to reward on this one.

pelinabtc pelinabtc XAUUSD, 1D, Long ,
206 0 4
Important level support resistance and target

Important level support resistance and target

Sagefx Sagefx XAUUSD, 240, Short ,
36 0 0
XAUUSD, 240 Short

Gold H4 - My sell setup for gold has been triggered. Anticipating major downside for gold in the next 2 weeks.

x18nas x18nas GOLD, 1D, Long ,
52 0 0
GOLD, 1D Long
Go for Gold

Analysis TVC:GOLD is still in an uptrend and the current pull back is a turning into a good opportunity to buy especially with all the volatility in the markets. We should look to buy cheap in the Red Zone and hold until in the Green Zone. When we make good headway in the Green Zone we can sell for profit. This is not for day traders. Red to Green is likely to ...

jamesb123 jamesb123 GOLD, 30, Long ,
49 0 0
GOLD, 30 Long
GOLD short update

Shorts opened after gold bounced from 1366 trendline resistance, currently sitting at around 1338 - TP @ 1300 - will be looking at a buy if it bounces from support Look at my previous idea to see the daily

47 0 0

Gold has bounced off resistance on the daily chart and has started to decline. TP 1300.00 SL 1380.00

HiltonBritCapital HiltonBritCapital GOLD, 240, Long ,
19 0 2
GOLD, 240 Long
Potential Buy trade on Gold

A lot of built up orders in the area of 1325.00 down to 1315.00, waiting for price to drop so these order can be priced in to the market.

AshirDanville AshirDanville XAUUSD, D, Short ,
87 0 2
"Trade what you see not what you think" Bearish Sentiment

The trade 1.Support broken Resistance valid 2.Daily trend line breached (Major validation) 3.Opposing level breached by Bulls (Major validation) 4.Possible 1st take profit 1248, 2nd take profit 1237.09, 5.Bollinger band below Resistance zone 6.Downtrend trend line valid

JordanWillson JordanWillson XAUUSD, 240, Long ,
16 0 0
XAUUSD, 240 Long
XAUUSD H4 *Long Signal*

Gold is currently rocketing to the upside due to the US Dollar still remaining weak, I am in a buy on this already and in strong profits. Take profit 1303.80

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