CFDs on Gold (US$ / OZ) TVC:​GOLD

This is just to see how my idea plays out and see if we'll bounce in the channel or if we'll go lower to the trend line. This is my first 'chart' and i know it lacks significant technical data but I don't know how to do that yet :) If anybody does read this and has any advice, I'd love to hear it if its not too much trouble. Thanks Huffy

The yellow metal continues its recovery on Tuesday amid a widespread risk aversion, declining yields and weaker dollar. Gold prices are regaining ground for a sixth day in a row but still fail to make a decisive break above the $1,225 immediate resistance. Investors refrain from risk taking against the backdrop of ongoing Brexit concerns, Italy’s budget ...

The yellow metal is suffering losses for a fifth day in a row after an impressive rally that took place last Thursday. Today, gold prices have eroded the $1,222 handle and now threaten to challenge the $1,220 support level. The dollar regains strength following a bearish knee-jerk reaction to the midterm election outcome, which increases the downside risks for ...

according to the correction looks like its going up, but first we need to identify last part of the correction cose its obvious the price is making 3 wave structure and with last structure might bring the price down to the orange line where it needs to find its support!

The greenback has eased across the board yesterday and remains under a heavy pressure on Thursday. Against this backdrop, gold prices managed to bounce from three-week lows and trim weekly losses. As such, the precious metal is back above the $1,215 handle and is targeting the $1,230 level again. Earlier this week, the bullion retreated heavily amid some ...

this may end up like this and proceed up, but what concerns me is the divergence on H4 and starting of all this from the bottom looks like start of corrective pattern with 3 wave structure, cose it didnt started with motive wave, all tho it can be taken as diagonal and diagonals can be motive patterns. need to be extra cautious!

1 hour bearish pin bar has engulfed prior candle to confirm a double top at a level that was previously used as support and is also confluent with the resistance trendline of a rising channel within a larger rising channel. 4 hour RSI is also showing strong divergence. This all tells me that we could be about to see gold make a large move downwards.

If the stock market keeps crashing this could push the gold price up further, although we could see some small short term dips before that.

Gold has registered the third consecutive weekly gain and continues to hover close to the July highs, although buyers’ enthusiasm seems to be abating gradually. However, the precious metal could still retain the bullish tone down the road as global risk sentiment remains somehow unsteady. A good sign for gold bulls is the fact that the metal stays afloat ...

Gold miners with large bullish runaway before them

Here is the daily chart of gold 2.09% and bitcoin -4.83% . Notice my use of Aroon 1 (blue) 11 (brown). Notice the correlation with Bitcoin -4.83% when brown Aroon hits 100. Have boxed in volatility to nearest Blue Aroon at 100. The Aroon is done using the Gold 2.09% chart. I've superimposed the brown Aroon on bitcoin for better clarity. Note that move could also ...

1150 still looks to be a strong area of Buyers to get in on the sale of gold and buy cheap and take price back up. Even with a sale of gold, the commodity is still an investment, seen as a safe asset. For the time being, price has been stuck at around the 1200 price area, and could still contain sellers waiting to drive price further down.

Gold price continues its one-month consolidation with few signs of a more robust breakthrough in either direction in the daily charts. However, the upcoming FOMC decision could bring a more aggressive price action in the precious metal market, depending on the dollar direction. There is some pick up in dollar demand in the short-term charts, which keeps the ...

Since June 2013 from today Gold has been trading between $1373 & $1046, possible accumulation zone coming into play. Ma's did crossover signalling a push to the upside but was quickly reversed on August 1st and acted as resistance as gold had Four red months.

Gold prices show indecisive price action on Thursday as the greenback has been consolidating either. Yesterday, the precious metal gained decently following a strong rejection from lows around $1,192. The prices now stay above the 20-DMA and the $1,200 handle which is however not enough to confirm a shift to a recovery mode. Everything depends on the dollar ...

Gold prices have been consolidating in a narrowing range lately, with the recent rise in expectations of higher interest rates in the US caps the dismal recovery attempts. Despite the greenback is on the defensive against major counterparts since the start of this week, the yellow metal fails to attract a more robust buying interest and remains close to the ...

There was a bit of a rally up to 11-Apr-2018, but the short signal fired on 17-Nov last year holds strong and has continually dropped prices Strategy uses: rsi bollinger bands Fibonacci retracements ichimoku

The risk-on sentiment continues to abate further on Wednesday, with after mixed flows in Asia, European stock markets slumped on Thursday as trade fears start to reemerge. Investors have already digested the progress on NAFTA and now shift focus on the US-China trade war as the next portion of tariffs is looming. As such, the dollar bulls could get back into ...