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Attachments: Gold Mining - Using Each Trading Day's Trend
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Gold Mining - Using Each Trading Day's Trend

Quoting ministry
Been eyeing for gold to fall at $1960 area for it is very supportive at 4H. I don't exactly confident about this. Any ideas and tonight the ISM Data release is coming. fingers cross.
Feel free to post. That's why we here, to discuss.

I think as well price could reach 1960 (my analysis says 1959.59) and if it can't hold it could also fall down to 1954.32
No one knows where price will go.
Always expect unexpected.
From FxWirePro for weekly analysis:

  1. US Dollar Index is Bullish (Bearish for Gold)
  2. S&P 500 is Positive (Bearish for Gold)
  3. US Bond Yield is Weak (Bullish for Gold)

  1. Support at 1960 with potency down to 1940/1907 if break and close below support
  2. Resistance at around 2000 with target on 2025/2050

Never hope in trading

  1. Also add NFP news today after 48 minutes and more in this week

Quoting ministry
Been eyeing for gold to fall at $1960 area for it is very supportive at 4H. I don't exactly confident about this. Any ideas and tonight the ISM Data release is coming. fingers cross.

it is now at $1962 guys. just out again with my sell positions. too scary.
The Past mistakes are your guides to provide you directions of the present.
The ISM News, is good for USD/other currency pairs, BUT NOT XAU, XAU/USD will close higher above the 1970 region, possibly a retest to the 1976 - 1983 region.

On the 5M and 15M 7EMA has crossed my 13SMA and 21SMA, if the price candle stick crosses the 50EMA on the 15M. we are poised for a higher close above 1977.

Still keeping. Sorry I have not posted for quite a while.

NOTE: The 1970 -75 region may be quite a Hard Support/Resistance, break above 1975, confirms my upward move, I'll say stay off this region UNLESS you are a good Swing-Trend Trader.
Jus tryna be a BILLIONAIRE!
{quote} Feel free to post. That's why we here, to discuss. I think as well price could reach 1960 (my analysis says 1959.59) and if it can't hold it could also fall down to 1954.32 No one knows where price will go.

hello brother, what are your current analysis.. follow your analysis very closely.. where do you see gold heading towards??
Quoting umaraawad
{quote} Feel free to post. That's why we here, to discuss. I think as well price could reach 1960 (my analysis says 1959.59) and if it can't hold it could also fall down to 1954.32 No one knows where price will go. hello brother, what are your current analysis.. follow your analysis very closely.. where do you see gold heading towards??
Hi,
why don't you write your analysis as well? I'm very interested what others think of gold price.
Always expect unexpected.
Strong resistance,maybe sell,and look like head and shoulder in 1 hour
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I expect price to hit 1988.01 first, so buy at 1973.73 and then fall down to 1967.32
1967.32 could act as a support, nice place to enter buy and I expect 2010.42 to be reached today (TP)

Although, 2010.42 is too optimistic, 1993.14 could be hit.
Always expect unexpected.
Quoting Skoljkica
{quote} Hi, why don't you write your analysis as well? I'm very interested what others think of gold price.
probably not as much technical as you, moreover i am a newbie and do trading on my intuition and analysis done by experienced people like you.. so yea always looking for posts from your end for making better decisions .. hope to have more from your side.. stay safe stay blessed
Lol I told u
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Quoting Mykamran
Lol I told u {image}
Yes, I'm waiting one more push down to enter long. I stood aside since price couldn't confirm 1973/1974 as a support.
One more push down to 1964.69, but 1954 would be unexpected and more interesting.
Always expect unexpected.
Today appears to be the most erratic market of 2 Weeks so far, might only be second to the NFP release, the market is making wide range moves, and terribly I'm caught up in it, , just have to wait till it moves in line with me and then a quick close.

Dramatically I had 2 trades in profit, just as I was closing the first trade, the second spiked up into loss again, What a Drama today
Jus tryna be a BILLIONAIRE!
Not a happy man at all, wanted to buy dips and keep my trade in from weeks ago, went to close my buy from 2000 and closed the wrong one, now i am really upset as felt safe with that one in down there, well sure cant win them all
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Hey brothers, thanks for keeping the thread up and running...
I had to attend to some pressing issues.
I appreciate the fact that we are mining gold together.
We Stay Alive
Kill ego, Grow EQUITY...Grow EQUITY
I see a whole set of new faces here... That's great!
Please, read the first post on the first page.
Otherwise, you won't understand why we trade the way we do here in this thread.

We Stay Alive
Kill ego, Grow EQUITY...Grow EQUITY
Trade Idea at the moment.
Bulls had a ride to an all time high.
Expecting a little pull back before bullish continuation. As on the chart, levels am watching...
2024 - Resistance, sell. If turned support, buy.
2014 - Support, if broken downward and retested sell.
2018 - mid point.

We Stay Alive
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Kill ego, Grow EQUITY...Grow EQUITY
Quoting BiteFX
Trade Idea at the moment. Bulls had a ride to an all time high. Expecting a little pull back before bullish continuation. As on the chart, levels am watching... 2024 - Resistance, sell. If turned support, buy. 2014 - Support, if broken downward and retested sell. 2018 - mid point. We Stay Alive {image}
Buying continued.
Kill ego, Grow EQUITY...Grow EQUITY
Quoting BiteFX
{quote} Buying continued.
Buy re-entry at 2034...Sote
Kill ego, Grow EQUITY...Grow EQUITY
Morning to all.
I'm glad to see you're back Bite, let's mine some gold together

I'm expecting pullback down to 2027.85/2010.50 to enter long
TP 2066.86 until the end of the day, although there are major resistances on the way.
Note: price could go even higher, to 2079.55 as well.
SL tight
Always expect unexpected.
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