VRShaiju

VRShaiju

Gold should trap both bulls and bears here..! 10 trading old weekly opening GAP @1173 and FOMC fed release GAP @1152 is still remaining to close. Gold printed an Yearly doji which lead to push the Gold towards 1600 in next two years. Probably the Next year should be the golden year for Gold. However to keep the bullish scenario Gold has to fill all these Gaps....

VRShaiju

GDX end it's wave A or 1

VRShaiju

Gold has to correct before falling further

VRShaiju

Interesting area to buy. We need a decent correction before falling down

VRShaiju

We are ready to fill 1340 COMEX price gap. Happy New Year to all.

VRShaiju

There is a possibility of Inverse Head and Shoulder in Gold

VRShaiju

Gold is under resistance should test the bottom around 1307 once again in US session before going higher. The swing is about to end near 1345

VRShaiju

Shoulder Head shoulder Pattern Building up. Sell near 1317 towards 1295 and 1284

VRShaiju

Gold has corrected well from 1292 to 1306. However we are not reached it's resistance, which is somewhere around 1310. 1310 is the best place to short and hold for new low (1280) or close to 1292

VRShaiju

Long Gold for a new High and Short

VRShaiju

Would like to take short from 1264-70

VRShaiju

Bearish Butterfly Completed just below the resistance. Prefer Short

VRShaiju

I prefer to shout around 1300 lvl towards 1264

VRShaiju

The Hidden Bearish Divergence are building up on both classic indicators. We need a one more leg downside before bounce. The break of 1270 will invalidate this trade setup

VRShaiju

I would like to long gold from here..! Morning star pattern just above the trend line support. This broadening wedge may take the gold to complete flat correction in monthly time frame. lets see how this works out

VRShaiju

The break below 1350 will call a Trend line target of 1340-42. The very good area for long

VRShaiju

I prefer longing Gold till 1386. 1415 should have 38.5% fib resistance. Gold price action can be reach there with out hesitation.