SubscribeBUY FROM: 1636.68, T-1: 1636.00, T-2: 1641.36, T-3: 1650.03
SELL FROM: 1627.33, T-1: 1624.01, T-2: 1618.65, T-3: 1609.98
Thread: Gold
BUY FROM: 1636.68, T-1: 1636.00, T-2: 1641.36, T-3: 1650.03
SELL FROM: 1627.33, T-1: 1624.01, T-2: 1618.65, T-3: 1609.98
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Hamzagoroo (2019-05-25)
Prices are en route to test a major falling trend line set from the August 23 2011 peak, now at 1663.13, after breaking resistance in the 1620.45-35.70 congestion area. A break above this barrier would mark a significant bullish trend development and initially open the door for a challenge of 1680.00. The 1620.45-35.70 area has been recast as near-term support.
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Hamzagoroo (2019-05-25)
Gold still chase for 1663.19 level, once this level is broken, gold will continue rise towards 1682.50. But if gold down below its daily pivot (1647.60), then gold may fall to as low as 1634.60
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Hamzagoroo (2019-05-25)
Gold finally managed to identify any trend though, the price has broken through the upper limit of a converging triangle, while there is a consolidation of about 200 moving, if the price would be able to overcome it and I'll buy it.
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Hamzagoroo (2019-05-25)
Gold was broke the 1634.73 level, so it will likely going up towards next target at 1663.19. However, if it back below 1634.73 level will bring gold to go down to see 1628.09 level.
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But finally managed to get gold is very strong resistance level 1630, which was held from the beginning of the Maya, if you think a normal consolidation following objectives for the metal in 1670 is ... well, let's see what the breakdown is not very strong and that tomorrow again did not go back .. .
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Gold went to great growth after the break strong resistance at 1628 opened the way for further growth, to now become a standard in 1650, the price is also steadily strengthened in the Ichimoku cloud.
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Hamzagoroo (2019-05-25)
Continued to rise to the top of the metal as it hovers around 1625.00 levels nearing pivotal resistance levels note that the current levels, which then trading the metal very important
*The level of support 1575.00
resistance level *1650.00
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Hamzagoroo (2019-05-25)
Move the price of gold on the same narrow range since morning stable in the mid-distance between the SMA 50 and pivotal resistance 1629.00 1604.00 provided stability above
Money is the life
Hamzagoroo (2019-05-25)
Gold is moving above raising MA100, so we will assume it for a bullish. With the price was touch resistance level 1619.13, I think gold will continue to rise towards 1628.10. From that it is possible to continue to rise, or rejected and fall again.
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