CFDs on Gold (US$ / OZ)

Short

Updated

Last long term gold analysis from me for a while

Weekly alligning up for a huge drop, therefore I'm now bearish.. Let's see how far down we can take gold

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first short opportunity at 1240-1245

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let's see if my final predictions hold

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if 1241.83 holds, it's a great shorting opportunity

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still shortable

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as 1241.83 got broken, I've made a new idea for short opportunity

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Bearish divergence on multiple timeframes, might be the end of bullish action from gold. Here's my outlook.. if gold goes below 1237, we might see 1203

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not much to say here, gold filled bullish cypher, will expect it to follow my red lines approx

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these are the options for gold.. entry points marked out

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a few extra patterns and trendlines added

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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.