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Goldforecast

Gold Trading: Thursday 12 Sept: Ideas, Trades! Hello Traders, I see that the Gold-price is currently getting bid up at the moment. Sometimes I wonder when I see this if its to protect the price a bit before it falls off a cliff. But we will see what impact the USDX tries to make. Yesterday we did not see it rally as much, yet the Vix Index did rally. That only aided the Short trade idea that I shared with you. Then some of us got Long in Gold as the Vix index cooled-down and buying demand was seen coming back in. The Gold-price for over 24 hours can be seen in the intraday charts to be moving in a triangle & room is running out and getting smaller, which for mind will probably cause some volatility. Speaking of volatility, the main economic news for the USA today Thursday are PPI & continuous jobless claims.
EIGHTCAP:XAUUSD
by Easy_Explosive_Trading
8
GOLD (XAUUSD): Strong Bullish Signal During the Asian Session Gold retested a recently broken daily structure resistance that was based on a previous all-time high yesterday. During the Asian session today, the price formed a strong intraday bullish confirmation. Retesting the underlined blue area the price formed a cup & handle pattern and violated its neckline. Now we see a nice bullish movement. It may continue at least till Powell speech later on today. I did not manage to trade this setup because I was sleeping when it was formed. But it is a perfect example of a confirmation trading that I teach you and I hope that those who trade the Asian session managed to recognize this signal. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
1
XAUUSD is in buy zone!XAUUSD Considering 4h timeframe, we can spot 2 significant liquidity candle formation with multiple liquidity grab with series of higher low. As with the previous session, we see 4h candle close with another liquidity grab signaling potential bounce to 2050 level which is another liquidity zone. As monthly price action is bullish, we may see even further trend continuation to the resistance level of 2474.18 level and beyond. We are on a bullish trade with the possibility to long term trend continuation!!
OANDA:XAUUSDLong
by ForexWizard01