Bearish flag channel from my analsyis. Waiting to hit the trendline and sell at the top if it holds
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GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
DislikedHere is my ST view on Gold. Gold is struggling as market didn't decide yet on direction (short or long). There are plenty of reasons for this uncertainty: US Stimulus (short Gold) Vs Risk off (US Election and COVID 2nd wave) (long Gold). The confirmation of each direction will come with a close below 1882 for shorts or a close above 1913 for longs. {image}Ignored
DislikedNEXT WEEK THE DECIDER FOR GOLD VERY CRITICAL I THINK IT CAN MAKE OR BREAK EITHER SIDE 50/50 % chance for going up and down.Ignored
DislikedOver the last few trading sessions, silver has been under performing compared to gold. Recently, that's a sign of bearishness in precious metals. {image}Ignored
Disliked{quote} Nice analysis but I hope that you are wrong because I'm more heavily invested in silver stocks than gold stocks.Ignored