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Thread: Gold

  1. #797
    Senior Member Macintosh is on a distinguished road Macintosh's Avatar
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    It looks like gold is retained in the corridor of 1530-1630 ... the dollar's decline slightly pulled to an increase in asset .. but now there is a stop on high level .. so what are waiting for the breakdown of a strong movement or settling down and ...
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  3. #796
    Banned Fmfx is an unknown quantity at this point Fmfx's Avatar
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    Base on financial Astrology I believe its time for gold to sell, thou we see some little up move on August 1st, but the down will prevail till second week on August.

    Regards

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  4. #795
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    Today again gold shall be closing another day in beautiful gains, though today it could not surpass 1630 level but as the trend is looking bullish and hot we expect this should surpass the resistance of 1630 in a day or two.

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    Senior Member marwa is on a distinguished road marwa's Avatar
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    The Gold pair on still nice bulls. the probably price to more bulls max. to touch that 1640.61 (for next several days) . Otherwise, the pullback bearish can still play for just bearish correction, I see. So, just be careful and use the Wise MM for trade with this pair.

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    Senior Member Miki is on a distinguished road Miki's Avatar
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    Gold has come to an area of ​​resistance levels 1623-1630, while shopping, you can forget about, you just need to wait for a breakthrough and consolidation above 1630, but the Ichimoku signals to the north, still waiting for breakout of 1630.
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    Continued the upward trend to control the movement of the price of gold yesterday to close a large-scale lateral resistance at 1629.00, and highlights the importance and sensitivity of this level of penetration that will push the price towards a more upward trend in the long and short term intraday.
    *
    Overall, we expect to see more positive for the day, to remain stable trading above the 1596.00
    *
    Expected trading range for today is between: Support and Resistance 1585.00 1640.00
    *
    General tendency is expected for today: rising

    ---------- Post added at 11:57 AM ---------- Previous post was at 07:08 AM ----------

    The price of gold is trading positively heading towards the pivotal resistance expected at 1629.00, noting that the stochastic enters overbought areas to provide opportunities for some of the recoil downward from the level in question.
    *
    In general, the expectations remain positive list for the day and that requires stability above 1596.00
    *
    Expected trading range for today is between: Support and Resistance 1585.00 1640.00
    *
    General tendency is expected for today: rising

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  12. #791
    Junior Member neajctg01 is an unknown quantity at this point neajctg01's Avatar
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    In the time gold market is not so good . you wait some time market is update now trade cerfuly .........

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  14. #790
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    Name: ScreenHunter_05 Jul. 27 01.47.jpg Views: 3 Size: 75.0 KB

    in my opinion the price of gold is on a sideways mode and probably will break to the upside because as we can already see that the price of gold in h4 already formed the first top and the first bottom of a sideways channel. so we will have to see whether the price will form the 2nd top and the 2nd bottom.

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  16. #789
    Member ESSADRY is an unknown quantity at this point ESSADRY's Avatar
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    if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high,Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high).

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  18. #788
    Senior Member marwa is on a distinguished road marwa's Avatar
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    XAU/USD has shaped a symmetrical triangle of bottoms letting us think that the bearish movement should pursuit.

    To stay close to our last analysis, we are neutral between 1580 and 1600 points. We advise to wait an exit of this range to take positions:
    - Long above 1600 points. The breakout of 1620 points will give a new buy signal
    - Short below 1580 points. The breakout of 1560 points will give a new sell signal.

    Most agressive traders could trade the gold according to the key level at 1590 points.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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