This is a signal using Spectro™ M The blue background means a reversal zone. So after this long downtrend and since we are close to a strong support around 1220, those are two good sings for a long. We just had the buy alert, so we can expect bullish movement. Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: hypester.org
Hate being repetitive, this is just a midnight, somewhat of a short update. Getting directly to the point: a) GOLD , fell out of an upward wedge and was falling down for the major part of today(stopped around the psychological support of 1240*whole number), until it reached the 1.62 ret support of the falling wedge. Short term prospects from this wedge would be...
Yep, that has been an abrupt fall out of the triangle - instead of a breakout to the top! Nevertheless - the price isn´t far away from the next supportline - the lower limit of the ascending triangle. And this should be a very strong support! Even if Gold would break the line the next support is following shortly behind: a swing trend line at 1.215$. Watching the...
For educational and demonstration purposes only. Trade idea represents fib extension at 127%
hi traders here is my forcast for gold take a look and cotnact us for more info
Profit targets: 1326.71 1334.28 1346.01 Stop Loss: 1314.98 Have a nice weekend, Berk.
Very good long opportunity. Price have tried to break below attempt failed RSI oversold + divergence double topped retracement on previous not so strong supply zone, moving sideways. buy low sell high my bias is very bullish on gold I think price will break above soon rather than later. GOOD LUCK
Tom Demark count gave a green 2 on the daily chart which is a clear buy signal. I expect the bull run to continue for up to 7 more days. Bollinger Bands is wide and Stoch RSI is not oversold so I do no expect a huge increase. We might touch the resistance at 1349 and pull back. Here is my trading idea: Long at: 1331 Take profit at: 1348 Stop loss: 1310
It can be seen that the trend is not strong enough. To get higher, it needs to go down before to earn power.