SubscribeThe spot price for Gold hit a fresh record high of $1894.15/oz and the near-term rally may gather pace in the following week as market participants continue to look for an alternative to the reserve currency.
Thread: Gold
The spot price for Gold hit a fresh record high of $1894.15/oz and the near-term rally may gather pace in the following week as market participants continue to look for an alternative to the reserve currency.
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Abubakar 148 (2020-07-15)
Prices are showing signs of weakness below the $1900 figure, with a reversal through interim support at $1856.98 the 76.4% Fibonacci extension level exposing the 61.8% Fib at $1831.38
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If a M15 close above 1890 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1865 sell only and do not buy. If price closes back above it again do nothing
The range 1890 and 1865 is neutral area, any trade done in between is personal decision and not part of this analysis
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Sahilkhan75 (2020-07-10)
he precious metal remains overbought, we probably wont see a correction until the relative strength index falls back below 70, and the technical outlook for the bullion remains fairly bullish as it trades within an upward trend channel
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Sahilkhan75 (2020-07-10)
the bullish sentiment underlying the precious metal continues to point towards higher prices, and the bullion may set fresh record-highs in the days ahead as were likely to hear central bankers across the globe cast a dour outlook for future growth.
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Sahilkhan75 (2020-07-10)
Gold prices looks poised to advance further in the following week, and we may see a push towards $2000/oz as it benefits from safe-haven flows
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Sahilkhan75 (2020-07-10)
The spot price for Gold hit a fresh record high of $1878.15/oz and the near-term rally may gather pace in the following week as market participants continue to look for an alternative to the reserve currency
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.
Abubakar 148 (2020-08-15)
Safety-seeking capital flows amid deepening market turmoil have continued to drive gold higher in Europe, with the yellow metal setting another record high
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.
The spot price for Gold hit a fresh record high of $1878.15/oz and the near-term rally may gather pace in the following week as market participants continue to look for an alternative to the reserve currency
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.
Abubakar 148 (2020-08-14), Tilla420 (2020-08-17)
The way I see it, due to seasonal strength in gold, a new high will be printed very soon in september. There will be room time-wise to get in long upon a retrace to 1780-1800 area for a target of 1940-1960, which is expected to be delivered by end of September 2011.
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.
Abubakar 148 (2020-08-09), Tilla420 (2020-09-03)
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