Gold bullish long term Gold is bullish long term, has hit uptrend support and was in a correction from the big move up, expect at least a double top to form if not a push through
GOLD-BUY
Gold Buy IdeaD1 - Price broke above the downtrend line and is holding above it.
H4 - Price has created higher highs, we may now look for pullbacks and buys with bullish evidences.
H1 - We have bullish hidden divergence, we may now look for more evidences of bullish pressure in order to join the bulls.
Gold buy !I'm Opening a buy on Gold , As i think price will test previous high before it continue it downtrend .
Tight SL .
Many Thanks.
GOLD BUY SETUPGOLD berada pada rally down, kemudian muncul pattern round bottom yang kemudian di breakout. terjadi lah pullback. di TF yang lebih kecil terbentuklah sebuah minor uptrend yang kemudian terjadi koreksi membentuk sebuah pattern elliot wave ABC. diperkirakan akan membentuk chart pattern flag dan kembali keatas.
Target selanjutnya adalah trendline atas dari channel / golden area dari fibonacci.
$Gold to the Moon - $1400 come end of yearGold is absolutely in a bull cycle finally. It has consistently been over 1 standard Dev above the SMA since around Dec 1st.
RSI says overbought - but not very concerning when one sees it's pattern within the Bollinger Bands
Oscillators for the most part look very bullish
MA - obviously bullish
Volume is clearly a bullish story
Global growth concerns will lead to central banks continuing to accumulate
Fed Policy - halting QT with so much QE out there will lead to continue inflationary pressure
I think political forces would want a weak dollar as well to increase our exports
It will be around $1350 when we face major resistance
I have trouble thinking this will drop under $1319 support now
A good test for gold will be if we see bad news on gold starting to get out, and gold barreling up anyway. A clear sign we are back in new bull market
Currently have other capital tied up on calls on a 3X short of oil while I'm in a larger long position in oil 3X... as soon as this materializes I will be deploying more resources into gold.
Go team gold!
Happy Trading!
TOP AREA FOR BUY GOLDPULLBACK TO SUPPORT
WAIT FOR CONFIRM BY CANDLE STICK
BUY AREA 1300-1308
TP: 1350
SL: 1295
GOLD-UpdateTVC:GOLD > Fed.
Rating: Strong Buy
Expiration: 18 APR 19
Strike: 125
Cost: $2.52
Current: 1.72
Target: 155
Will update.
AB-
Pattern of Gold chart which I think it should go on this month I think it should follow in B. or C,
But overall Gold should buy on dip .
detail in chart.
$xauusd $gold looking for another mover down to the buy zoneGOLD is going to be stale for a while if the overall stock marke can recover, but if not, I see gold taking a little corection into the green zone then back up to test $1360 if it breaks below and closes below on the daily I say we go further down and have to wait. If it does bounce here you may want to buy some physical gold here, and a good gold stock such as $KL or a streamer such as $ssl
Keep an eye on Gold set buy limit for 1250 upSet Buy limit in Green zone
1228.6 , 1230
if it can pass 1235 and break up and another zone 1240 (This zone so strong )
Traget 1250-1290 ( Red zone in chart )
GOLD buy long on Savius StrategyGOLD buy long on Savius Strategy
With such bearish market for S&P500 there is a high chance Gold may turn bullish today
