Why does gold/usd have the symbol: XAU/USD? 14 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
DislikedLooking at my H4 graph, it shows that the "downtrend pitchfork" has been broken to the upside. I would say to wait until 1730ish to confirm the upside move.
Looking at weekly pitchfork chart, Bullish trend is still in place and looks like 1700 provide a strong support for the bull to resume.
HOWEVER, do not forget that tomorrow is NFP and US unemployment data release, massive volatility is going to take place,Ignored
DislikedHi, mind to share how you get this chart? What indicator is that to show the long/short holdings?Ignored
DislikedFFS - I've heard more cogent reasoning in the strained grunts emanating from the last cubicle on the left in the public toilets at Paddington Station.....
Please spare us this trash
DislikedNot everybody is bullish on gold. I doubt one report can speak for all gold traders. Also have to consider that many are long term bullish but short term neutral. 1690 is the 38.2% fib retracement level for May's low to Oct's high and I guess many are waiting for the results of next weeks election before taking up any position.
Or it could be that Jupiter is not in the right place at the moment.Ignored