Gold/Silver
GOLD inside a Bullish trend in the last hours made a pullback on the previous support area at 1780.00 in confluence with the FIBO Level 61.8% the price is making Higher-highs and Higher following the dynamic trendline that is still working as dynamic support for the price. Our Idea is about a new Long setup following the main trend.
Pullback for GOLD in area 1800.00 with the confluence of 61.8% Fibonacci level. The price is trying to make a new higher high supported also by the dynamic trendline works as support. We are looking for a new Long setup here.
The GOLD is growing making Higher-highs and Higher-lows and the last pullback on the support area can help only the value of this metal to grow. From the previous Swing low today the price retested the 50% Fibonacci level and the correlation with the other Forex pairs can only help the value to grow more. The price supported by the dynamic trendline plus the 50...
GOLD, contrary to EUR/USD yesterday the USD news had a strong impact on this metal with a strong sell impulse where today the price reach the 50% FIBO Area from the last swing. A confluence with a Support area around 1760.00 plus the clue of the Oversold Stochastic may be given a setup for a new Bullish impulse. Our Forecast is about a new Long setup buying in...
After the solid bullish rally of the last sessions, today the price retreated below the previous support area but close to the FIBO attention levels of 50% and 61.8%. Today the price may have a pullback in this area for new growth of the value following also the Economic news about the USD that can push the EUR/USD in growth and following the positive correlation...
The GOLD that follows positively the correlation with the EUR/USD today, may have a new Bullish impulse if the economic news about the USD will be worst than the forecast. The uncertain US economy today can have a strong impact on all the USD pairs, or a positive or negative for all the pairs correlated. Our Forecast is about a new Bullish impulse also because...
The GOLD inside a Bullish trend, in the last sessions the price has followed our predictions with the increase of the Value for this material. Today a pullback on the support level of 1776.000 and with the increase also of the EUR value plus the bad economic news related to the USD can give a right push up for the price for a new LONG. Our Target is 1800.
The GOLD after completing the AB=CD Pattern recognized in the last ideas, today the price is above the bullish channel where a pullback on the upper line, works as resistance can give a bullish impulse for the price for a new raising of the value. Our target for GOLD it's become 1800.000 and today the possible release of bad economic news for the USD can help the...
As Predicted in yesterday's forecast, the GOLD is in Bullish momentum where the value is increasing value. Today a pullback on the 1758.500 prices can give the right bullish impulse for the value to grow more. The correlation with the EUR pairs is positive, today a possible release of negative news for the USD pair will be used from the price to take this in its...
GOLD as predicted yesterday still in a Bullish momentum where today the breakout and pullback of the 1757.500 areas can help the price to grow more inside the bullish channel after the rebound on the 61.8% FIBO level. Today the ADP Non-Farm Employment Change and the JOLTS Job Openings with negative forecast for USD can help the price to grow in its favor. We are...
GOLD Inside a Bullish channel in the last hours the price started to grow fast after the strong reversal of yesterday where the price, find a pullback on the 61.8% Fibonacci area in confluence with the dynamic trendline of the channel. Today the price seems to continue its bullish side using also the POC volume as a dynamic resistance. We are Looking for a LONG...
Gold following our previous Idea is still in a bullish trend. Today the price had a new Pullback in the last support and all the clues are about a new Long setup.
After our Previous Take profit on GOLD, today the price make a Pullback in the already tested support area and may have another chance today to grow more and continue its positive momentum. We are Looking for a new Long setup here.
GOLD in the last hours had a pullback on the previous Support area after a Divergence in the Double Bottom. The Stochastic shows a divergence in the Oversold area, and everything seems to favor the Gold to continue its bullish rally.
GOLD seems in a retest of the previous bottom side with minimum and maximum increasing values. Our forecast is for a new LONG impulse.
It looks like the market may drop lower this week. The next support that I spotted is 1740 - 1700 demand zone.
GOLD in Uptrend Rally is inside an accumulation area where the price rebound several times on the 1755.80 Level using this as Support. The value is growing, just looking at the 100 moving average and the confirmation of all the indicators. Looking for a new Bullish Impulse.
GOLD: The XAU comes from a long Bearish trend, and started to grow again after the triple Bottom around 1615. From that point, the price started a long bullish impulse with high volatility ( look at the raising Angle of the trend ), and looking at our analysis we think about a new Long setup. We are sure about an imminent retracement but only when the price will...