GOLD Bull

[GazFx]

I have just placed a strategic stop-loss that effectively locks-in and guarantees a $185 profit if hit. This trade is now risk-free.

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Stopped-out for $388 gain after moving stop this afternoon.

 

[GazFx]

Just opened a buy in gold.

 

[GazFx]

Just opened a buy in gold.

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Just closed out for $695 profit.

 

[JimmyRozza]

@bigbax699 are you still trading Gold? Looking forward to seeing your new road map.

 

[TareqS]

Just opened a buy in gold.

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An explicit bullish breakout and an excellent entry it was. You have mentioned that you made a good profit from that trade as well. Look forward to getting more trade setup like this. Thanks in advance.

 

[pezz55]

Good morning all, got a little trade setup for GOLD . I was expecting price to fall back to the demand area near the trend line , but as we can see price has broken out back above the trend line . Looks like the bull may be continuing its course. So we are looking to buy back in if we get a retest of the break. It may be the case we don't get a retest of the break so will be looking to buy from the other area's of interest above zones. Mark your levels up and keep watching for your entry. GLIYF
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I feel we could have another good push at the daily demand zone and then look to break north. The US banks are soon to take the high of the year on the DXY but i can see gold making a strong push up treading north for the last quarter of the financial year. Inflation and food cost are going to rise at a strong rate and we are already having gas and fuel issues

 

[AliForexTalks]

The gold is trying to make a minor recovery attempt from seven-week troughs of $1728, as bulls once again aim for a retest of the $1750 barrier. However, the upticks in the US Treasury bond yields, backed by the expectations for an early policy tightening by the Fed, turned out to be one of the key factors that pushed the non-yielding yellow metal down.

 

[JimmyRozza]

Yeah I'm buying into these dips, surely we will see some positive price action soon

 

[sam.peters]

The gold is trying to make a minor recovery attempt from seven-week troughs of $1728, as bulls once again aim for a retest of the $1750 barrier. However, the upticks in the US Treasury bond yields, backed by the expectations for an early policy tightening by the Fed, turned out to be one of the key factors that pushed the non-yielding yellow metal down.

I need to keep up on the news on Gold more, technical analysis can definitely only take you so far on this asset.

 

[momo3HC]

Interesting last couple of days for Gold. Big pump, rejection at 200 Daily SMA and the a big drop. The positive is that the PSAR is still bullish so let`s see.