Gold

My 2 cents about GOLD 16.03.2020
https://comparic.com/goldusdjpy-tech...rk-16-03-2020/

Excellent

Thanks

Buy gold
buy silver
buy us500

told you

I placed a fishing net signal 0.01L SL@1700


Well, my small signal 1700 fishing net broke and............

And through the roof 1700 up to 2020

Declines soon...XAU, GOLD...
https://comparic.com/gold-xau-on-the...er-16-04-2020/

I went short on gold from 1743. Here is my analysis:

Excellent analyses VA.......

Here is my view down to 61.8 Fibo around 1560-1570

See also daily chart

GOLD will be cheaper...
https://comparic.com/gold-broken-trend-line-20-04-2020/

Thanks a lot mate. Yours is looking great! Good luck

Anyone using "Original Golden Clover EA" to trade gold? If so, please share.

https://www.mql5.com/en/signals/widget/top/4j7n

Gold: May 15 review

Fundamental news:

Gold prices increased more than 1% today and made a three week high @1759.50 range at afternoon US hours.

On the other side, precious industrial metals like Silver, prices rocketed today. And Gold and Silver prices ratio down to its lowest in last two months and traded below 105.50. Silver prices increased more than +5.50% today and made a [email protected] range.

Today's both US retail sales and Industrial production data was also given support for hedge funds like Gold and Silver.
Gold and Silver prices were rose more than 3% and 90% respectively in last three sessions.

Technical News:

By 12.02 AM ET, Gold futures, June contract traded $1759.50 range, up +1.04%.

If Gold holds above $1764.20 level, we will expect some more rise in gold $7-10. but R1 $1788.20(max resistance) and On the other side if prices break below $1692.10(weekly low) range, we will see downtrend below $1666.20(max support low).

Expectation of some profit booking will see in next week.

But for trading point of view, according to me, Its best time to make short positions in Gold and Silver at cmp and wait below TGTs for next week.(more than 3% to 5% down in Gold and Silver in next few sessions)

Intraday and next week strategy for Gold is given below:

Entry point - $1759.50 - $1762.90

And keep R1 $1788.80

And wait S1 $1716.00
And wait S2 $1692.10
And wait S3 $1666.20

Near term range(next week) in Gold - below $1700 June contract.

Gold: May 18 review (Intraday strategy for Gold)

Fundamental news:

Gold and Silver prices were rose more than 4% and 13% respectively in last five trading sessions.

Gold prices increased more than 1% again today also and made an almost 7.5 years high @1774.95 range at morning Asian hours.

After made a two months low below 105.50 range on last Friday, Gold and Silver ratio continue down and made a [email protected] range today. When the ratio falls, it means gold has become less costly relative to silver. On the other side, precious industrial metals like Silver, prices rocketed again today also. Silver prices July contract traded $17.700 range, up +3.80% at morning Asian hours.

Top major cities across the world given some relief after the last two months Corona-virus pandemic situations. They will keep some restrictions but opened casually. On this effect, Global economy are slowly to starting come back to life.

US Dollar and Gold prices traded opposite direction at this type of uncertainty situations.

Technical News:

By 0730 AM IST, Gold futures, June contract traded $1774.50 range, up +1.06%.

If Gold holds above $1764.20 level, we will expect some more rise in gold $7-10. but R1 $1788.20(max resistance) and On the other side if prices break below $1736.80(friday's low) range, we will see downtrend below $1692.10(last week low).

Expectation of some profit booking will see in next few hours.

But for trading point of view, according to me, Its best time to make short positions in Gold and Silver at cmp and wait before Europe and US markes open, we will expect more than 2% to 3% down in Gold and Silver in next few hours.

Intraday and next week strategy for Gold is given below:

Entry point - $1774.50 - $1778.00

And keep R1 $1788.80

And wait S1 $1756.80
And wait S2 $1736.80
And wait S3 $1692.10

Near term range(weekly TGT) in Gold - below $1700 June contract.

S1 and S2 TGT hitted today in Gold

Gold: May 20 review (Intraday strategy for Gold )
Technical Review:
Gold prices traded $1755.50 range at morning Asian hours.
In last few days, Gold prices traded in both directions like up side and down side. Prices not break below support and resistance levels. If Gold holds above $1749.50 level, we will expect some more rise $7-10, and keep near R1 1764.20(23.6% Fibonacci level). but max resistance level $1775.80(Weekly high), while on the opposite direction if prices break below 20SMA $1719.88. We will see down trend $1692.10(Last week low).
But for intraday trading point of view, make short positions in Gold at cmp.
Expectation of Gold market down more than -2% today from current levels.
Intraday strategy for Gold is given below:
Entry point - $1755.50 - $1758.00
And keep R1 $1775.80
And wait S1 $1719.88
And wait S2 $1700.00
And wait S3 $1692.10
Intraday and Weekly Gold view: Negative trend.

Good Analysis.

S1 IN GOLD.......AND S1+S2 IN SILVER......HITTED AGAIN THURSDAY ALSO---SEE WEDNESDAY'S/THIS WEEK'S SHORT CALL.....

-2% IN GOLD........AND -5% SILVER DOWN IN 2 DAYS----SEE CALL......

See..…GOLD…..made a [email protected] range again thursday also.....against [email protected] range on wednesday few hours ago......see wednesday's/this week's short call 1st---what next???

S1 $1692.10
R1 $1758.00….GOLD....

See…SILVER….made a [email protected] range again thursday also.......against [email protected] range on wednesday few hours ago.......see wednesday's/this week's short call 1st----what next???

S1 $16.890
R1 $18.190…..SILVER.....

i am following good analysis on gold and silver keep post

Elliott Wave is being played out on Gold
click the link to see my analysis on Gold
You're going to love it... and possibly rake-in some cool profits