Gold (XAUUSD) Rally Soon. Stock up on Gold In the times of crisis, it has been recorded in history that people stock up on Gold in fear that their economies are crashing or some global event is taking place. Gold has been rallying for over a year now and I do not see momentum slowing anytime soon. I will enter long shortly, but waiting for a solid break above 1550.00 before entering. If price falls below 1300.00, then I will go short for 200 pips and track the downtrend, protecting my shorts from any rally along the decline.
Buygold
XAUUSD / GOLD - Bullish Gold is bullish... Buy now and hold till you can.... you will never disappoint and i repeat.
price was reversed from the 0.382 fibo level to upwards and bottom line of bollinger band is providing strong support to push gold much as high. RSI history data shown us that if price was reversed from 40.16 level price gone up.
you can see the round circle of in 0.382 fibo level how is the price movement. From all of these confirmations, what i can tell is GOLD is back to his bullish momentum till 1600 or more for long term.
Note: Trade at your own risk and fundamental can affect to the analysis but no so much :)
Like and comment on us. share your ideas...
LONG GOLD WITH FLASHING BUY SIGNAL ON REGRESSION TRENDEXPECTING A SHARP MOVE UP IN SPOT GOLD OVER THE SHORT TERM. EXPECT THAT PRICE IS LIKELY TO RISE TO $1600 DOLLAR LEVEL. PLEASE FIND SUPPORTING CHARTS LINKED BELOW.
ALWAYS TRADE AT YOUR OWN RISK! AMEX:BTG NYSE:AUY NYSE:HL NYSE:GOLD NASDAQ:RGLD AMEX:GLD GDX AMEX:GDXJ AMEX:JNUG AMEX:NUGT
GOLD-(XAU): Fundamentals and Technicals Support This Next RUN
Fundamental Analysis:
It was always made clear to me that Gold is the "Safe haven" where money is shifted to in times of uncertainty and fear. Gold is also commonly bought to be used as a hedge. Take the tariff war that is currently going on between World Leaders, the increased tariff rates seem to have no limit. In return, the inflation to the US Dollar will have many people with their sights on Gold. A few examples of recent gold bull trends during down markets would be in 2002-2007 when the dollar fell drastically (40% against the euro). Gold also ran 240% in 2008 when the bank treasuries credit giveaways were discovered where gold found itself surging to $1,895 in 2011.
Technical Analysis:
The Markets were hit hard last week and during this time we saw Gold make a strong move to the upside, breaking out of its 3 month falling wedge to finish the corrective Wave 2/5. As we begin our impulsive wave 3 up, my fib measurement on this completion is sitting around 1450, where I believe we will be rejected for a corrective wave. I would like keep a close eye on the volume to see if it will pick up, However I see clear skies concerning the Volume Profile (VPVR).
Gold - great upside potential?XAUUSD is still inside a major upswing that is currently consolidating above the Median Line of the upsloping fork + above the recent tops of a range, that was broken up a few weeks ago. The stall above the ML gives us a decent entry with a great R2R ratio, with the stop being below the ML and recent tops in case of a overshoot/backtest.
Trade is Long Gold cmp (1387)
Stop Loss: 1353
TP: 1528
One should never risk more than 4% of his/her account.
Thread carefully,
Nick
Buy angle mirror Gold (XAUUSD)findedVery strong level - 1274-1277
I tried to sell and buy at this level several times
But now i finded buy angle mirror pattern. So buying Gold NOW.
When you see this idea - it maybe too late to enter the market. I already enter.
Open buy order on XAUUSD - 1277
SL - 1272.8
TP - 1310
RRR - 1:7.5
Long Gold For Big TargetHello Trader & investor
Here we are Again long on #xauusd
recent on my buy call you can see we have been enter gold long around $1210 Level
and Now Trading at $1300 Level
If u are holding long according our long target can hold
or if are looking for fresh position
can take fresh long or add long at $1298
with SL of $1275
for Target $1345---$1375 and once cross over above $1375 we can see $1414 leve
Enjoy Trading