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GOLD/AUD

GOLD ~ Reversing from middle support Hello traders and investors, Welcome to technical analysis of GOLD. if you like this analysis please like and comment below, it will support creating more analysis for you. GOLD really don't want to break middle line this time. as i mentioned in my previous gold analysis that if we see bearish scenario gold need to break this middle line support , but today we see regular bullish divergence in RSI which indicate bull are coming. and target 1 is near 1844.
OANDA:XAUUSDLong
by laddi
Aussie Gold stocks are up today but is it too earlyLocal Aussie gold stocks are on the move up today on some bargain hunting. Are the bulls jumping the gun though and setting up for more disappointment? The anchor to the downtrend is at 2540 on Aussie gold and price is extended into support around 2335 which is yet to prove it will hold. If the Aussie swings higher again, we expect that Aussie gold will pressure lower and may trigger a stop run below 2335 to clean out some buyers. Gold in USD terms is under pressure also so we may see more downside to come yet. ------------------------------------------------------------- WE TRADE WHAT WE TEACH Check out our recent Live Streams from our profile page!! ------------------------------------------------------------- ** If you enjoy our free content, please support and follow our profile, by hitting the Follow button to get further high quality ideas. ** ** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated ** ** With quality alerts and correct Risk Management, you can learn consistency and grow your account ** ** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. **
OANDA:XAUAUD
by TradeTheStructure
GOLD IS BULLISH LONGTERMAiming towards 1910 on gold and then a breakout to higher resistance levels and hepfully pass the main ones i highlighed, specially the MAJOR resistance. 2K Stimulus strong possibility and a really good catalyst. Stimulus check might be a seperate standalone bill, so good news for gold if passes. More money printing for the other seperate bills that add up to similar government spending. GOLD bullish overall longterm. Maybe buy the rumor & sell the NEWS coming up(Christmas rally, Jan-Feb correction), Goodluck!
TVC:GOLDLong
by djpsypher
1