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Goldbuy

GOLD LONGTRADE: ENTRY: 1465 OR 1439 (PRIMARY OR SECONDARY SUPPORT) SL: 1420 TP1: 1599 TP2: 1648 Overall trend is LONG. I have used Fibonacci sequence to find my key levels from various ABCD moves. I believe that Gold will come to either the Primary or Secondary Support levels as labelled, and reject to continue the uptrend. Which level it rejects I am unsure of at this current time, so I will be looking for candlestick patterns when it approaches each level to gather whether a rejection is likely. Happy trading! JJ
OANDA:XAUUSDLong
by JoeJagger
MOVE TO CHINA, GO BROKE, OR BUY GOLD BEFORE ITS TOO LATE! THE WORLD IS WITNESSING THE BIGGEST TRANSFER OF WEALTH IN MANY GENERATIONS. ANY PERSON, BANK, OUR COUNTRY THAT IS SELLING GOLD SO LATE IN THE LONG TERM DEBT CYCLE IS ASKING FOR WHAT THEY HAVE COMING. DON'T WE REALIZE THAT THE EXCHANGE OF WESTERN GOLD IS ONLY MOVING IN ONE DIRECTION! EAST! I CAN'T UNDERSTAND WHY THE USA IS SO WORRIED ABOUT LOOSING IT'S MANUFACTURING JOBS TO CHINA AND NOT ABOUT LOOSING ITS REAL WEALTH. GOLD IS THE ONLY MEASURE OF WEALTH TO SURVIVE THORUGHOUT HISTORY. MAY BE WORTHWHILE TO RESEARCH THE FOLLOWING: ftalphaville.ft.com en.wikipedia.org nationalinterest.org OANDA:XAUUSD AMEX:NUGT AMEX:JNUG AMEX:GDX AMEX:GDXJ FX_IDC:XAUCNY FX_IDC:XAUUSD
OANDA:XAUUSD
by UnknownUnicorn3523782
2
GOLD NEUTRAL (LOOKING AT ALL POSSIBILITIES)So I usually don’t trade Gold but my BIAS on this pair for the upcoming week is NEUTRAL. My reasons behind this are -We have just broke above and retested a key Daily Resistance at 1527.11. -We could continue up for a break above our previous Weekly Support/Resistance at 1570.65 then searching for a retest and targets at 1613. -We also could reject 1570.65 for a push down to our previous Daily Resistance at 1527.11. -We also break below previous Daily Resistance and search for a retest and targets of 1503.50 at our previous Demand Zone. -One thing to note we haven’t came above 1570.65 since July 2011 so we could look at that to fuel whichever move we take. I will not be looking to place any trades until one of these levels are either retested or broken. Like & Follow for future updates and analysis.
FOREXCOM:XAUUSD
by RhysFX
1