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GOLD/AUD

GOLD SWING TRADE 07-Oct-2020The GOLD has lost its bullish ground on yesterday as the Economic stimulus talks went in vain and USD got some major bid And gold has reached 1875.00 broadly And its in retracement phase and we are expecting that it might reach the 1896.50 or 1900.00 level and will go bearish as this levels are the strong resistance for the bull SWING TRADE - GOLD Sell @ 1898.00 Take profit @ 1852.00 Stop lose @ 1922.00 Don't risk more than 1% of your capital
OANDA:XAUUSDShort
by forexorbit
7
The Big Short, Just like the movie... Update #2 WOW, Today was a GREAT battle between the Bulls & Bears! After great success with the start of The Big Short I got caught in the crosshairs of this great consolidating battle being tugged back and fourth, Stop loss after stop loss. Finally i just had to take a step back, Breathe! Go for walk, Open your eyes. Let the battle commence whilst you sharpen your sword and get ready, Get ready for the war because the battle is just temporary. After a short break I re enter short but so the battle continues until finally...A bear, small little red bear just pops his little head out from under the bull and pulls its legs from underneath it with one big ROAR! And with the roar, A Big Bearish Flag to assert its dominance. Letting the Bulls know, We aint playing! And so comes the 2nd target of The Big Short 1850, 1800. Like i say this isnt over for the Bulls but for the meantime Bears are clearing the smoke and showing the fundamental median price value of gold behind the hype. Continued year by year growth, 2008-2011 crisis, BIG Bull Run, BIGGER Bear Run, Year by year growth, 2019-2021 Crisis, BIG Bull Run, BIG... Bear Run... To be continued. For now B1GFUDG3 OUT! Disclaimer: I am not advising anyone to take any trades nor am i providing market direction or certainty, Please do your own analysis and use the correct risk management. '' PS... Learn to master your emotions, Once you get greedy, You start loosing. '' B1GFUDG3''
OANDA:XAUUSDShort
by OfficialKieranTrewick
Only Safe To Long The rise in gold is being driven by many deep market factors. There is a strong drive to industrialize by all nations, there is a space and technological race developing between nations, also covid is accelerating this trend with fiscal stimulus from all nations. New (millennials) and life long value investors (Baby Boomers) are converging in a self supporting trend. There are many forces driving this trend forward, too many to mention, but this is a terrible time to be anything but long on Gold, it's next to impossible to predict a bottom or even a leveling out in these conditions.
FX:XAUUSDLong
by Uhrenmann