xauusdanalysis

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XAUUSD, 60
XAU/USD soars to 1,259.00

XAU/USD soars to 1,259.00 After forming an inverse head and shoulders pattern and bouncing off from the weekly S2 at 1,235.93 the yellow metal managed to advance by 1.23% against the buck. In daily perspective the surge the is expected to last until the rate makes a new rebound either from the 1,263.63 resistance level or from a combination of the 200-day SMA and ...

buykinisuk buykinisuk XAUUSD, 240, Short ,
72 0 2
XAUUSD, 240 Short
Gold Pullback Anticipated Before Continuation to the Downside

Gold has really been falling of a cliff this past week or so, with very little in the way of a pullback (for short entry) since the break of the bullish trend line around the $1230's area. I know I have posted a few potential set ups where Gold could have pulled back for entry, but unfortunately they did not play out - which is not a problem, as we would not have ...

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