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Xauusdlongterm

GOLD Divergence/Wedge/Cypher Patterns SHORTThe chart is self explanatory. Scenario 1: - Bears push the price down to around 1300.00 which is between the 61.8% and the 50.0% Fibonacci retracement levels and bounces off any of these two levels to POSSIBLY test the previous high. Scenario 2: - Bears push the price down to around 1300.00 which is between the 61.8% and 50.0% Fibonacci retracement levels, instead of bouncing back up, price breaks out the bottom of the rising wedge and the rest is history. What Do YOU Think? ANYTHING CAN HAPPEN!
FX:XAUUSDShort
by UnknownUnicorn94714
XAUUSD Overview and Trading Tip 5th July 2016Overview: The Gold markets rally during the course of the session on Monday, but found enough support at the level of $1350 and take correction. At this point, market is continuously sustaining on higher level, it indicate market is ready to higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and market is sustaining above the 100 days moving average on its 4 hourly chart. It is having important resistance at the level of $1360 and support level at the level of $1340. If market sustain above its resistance level, it will lead to further upside rally in the market. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy. www.tradingsignalreviews.com
FX:XAUUSDLong
by TheBanker
XAU/USD Market Analysis and Trading Tips 29th June 2016Overview: The Gold market fell during the day on Tuesday, but did found enough support below at the level of $1305 to bounce slightly. The main trend of Gold is bullish on charts and the $1300 level is looking a strong support level, at this point in time buyers are still interested in in the precious metal . The primary trend of Gold is bullish on charts. On its 4 hourly chart, market is trading above 100 days moving average. It is having important resistance at the level of $1330 and support level at the level of $1300. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy. www.tradingsignalreviews.com
FX:XAUUSDLong
by TheBanker