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05-24-2018, 07:00 PM

Guys...

It seems Gold/USD is laying foundation for LONG TERM BULLISH RALLY after got denied/supported at the level of 1284/1281 region.There will be lots of retrace opportunities for short term sells/buys.There are 2 possible scenarios..,

1.If it goes over 1302 breaking long term weekly head and shoulder pattern...the rally might continue to 1400+.

2.If it gets a Bearish reversal at 1302 region it could rally down to 1240.
so...approach with caution!

# I recommend to wait and see how market behaves at the 1302/1307 region.Then Enter the LONG TERM TRADING. Otherwise I'll be posting Short-term signals in the whatsapp group.
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05-24-2018, 07:16 PM

shall i join too?? like to learn this kind of stuff..
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05-24-2018, 07:32 PM

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05-24-2018, 07:41 PM

bmp
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05-25-2018, 03:59 AM

Quote:
Originally Posted by DON999RU View Post
Guys...

It seems Gold/USD is laying foundation for LONG TERM BULLISH RALLY after got denied/supported at the level of 1284/1281 region.There will be lots of retrace opportunities for short term sells/buys.There are 2 possible scenarios..,

1.If it goes over 1302 breaking long term weekly head and shoulder pattern...the rally might continue to 1400+.

2.If it gets a Bearish reversal at 1302 region it could rally down to 1240.
so...approach with caution!

# I recommend to wait and see how market behaves at the 1302/1307 region.Then Enter the LONG TERM TRADING. Otherwise I'll be posting Short-term signals in the whatsapp group.
(A) Bullish Trend(Long Term) 1st Profit Target 1333/1337
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05-25-2018, 07:13 AM

Quote:
Originally Posted by DON999RU View Post
(A) Bullish Trend(Long Term) 1st Profit Target 1333/1337
thanx for the information
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05-25-2018, 04:48 PM

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thanx for the information

My pleasure !
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05-27-2018, 04:26 AM

Quote:
Originally Posted by DON999RU View Post
Guys...

It seems Gold/USD is laying foundation for LONG TERM BULLISH RALLY after got denied/supported at the level of 1284/1281 region.There will be lots of retrace opportunities for short term sells/buys.There are 2 possible scenarios..,

1.If it goes over 1302 breaking long term weekly head and shoulder pattern...the rally might continue to 1400+.

2.If it gets a Bearish reversal at 1302 region it could rally down to 1240.
so...approach with caution!

# I recommend to wait and see how market behaves at the 1302/1307 region.Then Enter the LONG TERM TRADING. Otherwise I'll be posting Short-term signals in the whatsapp group.

So, as we already discussed above ...Gold attempted to break 1302/1307 key resistance level (neck line of the weekly head & shoulder pattern)but it seemed to me that bulls had temporarily gone out of steam by end of the trading week.I reckon that...Gold might have another sell off (short term downtrend) before it accelerate towards big numbers(up trend).Also we have to keep in mind that monthly setup is still favouring bearish trend .As long as we've got all the possibilities on the table..please approach your trading activities with caution !
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05-27-2018, 05:39 AM

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05-29-2018, 03:28 PM

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