XAUUSD 1305's are possible only if there is no Double Top or Failure of that. Else this channel breakout will fail, so kindly check ur plan before taking positions Hope I have explained more in chart itself :)
Everyone knows Gold 0.21% is going to be above 1300's and from that zone new scenario's will emerge, so here we have a chance to enter on pullback if we get bullish confirmation in our zone (1285) with stops below 1280's & Targets around 1300 or 1305's as per your trade plan. Happy Trading !
Gold will close today above 1160 so you play only today up as today will close above 1160 So Play up only The signal is 100% i will publish today long signal for 1 hour trade only
I am Going long in XAUUSD -1.24% . Cypher Pattern is activated. Buy 1160 SL 1132.50 TP 1300
Why Gold is lagging Safe have losses & Yen is outperforming 1. When looking at Gold vs Yen or XAUJPY it becomes apparent why Gold is lagging the broad safe haven losses that we have seen during this risk-recovery rally - investors are buying gold over Yen - so gold appears to be their preferred safe have asset to hold in a risk-on rally - likely a function of...
2016, the year of the Risk-Off Asset Historically Gold has performed +10-20% in the 6 months into US Presidential Election years AND also by longing Gold on this pull-back it opens up the opportunity to benefit from the potential tail risk that the UK votes to "Brexit" in which Gold will likely trade through $1400. Gold is one of my favourite plays for 2016 for...