Gold

Quoting ChiForex

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My view for Gold. I expected a move today toward 1745-54 as retracement but just reaching 1738 is suspicious. IMO that might be bullish on short term if it tries to hit those levels latter today, daily candle will form bullish for a higher retracement tomorrow or after toward first monthly resistance around 1780 Be aware that weekly candle not yet closed so only real hint for retracement is as high as around 1769 So now I'm monitoring the daily to base on besides how 4hr develops for further in advance possible hint. On downside 1700-05 seems the...

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Quoting aahmad29

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Price has created another untested area at 1924 and have broken the uptrend line. Technical analysis is showing move more to south but todays red data can change everything and up trend line can be tested again

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Quoting aahmad29

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Price has created another untested area at 1924 and have broken the uptrend line. Technical analysis is showing move more to south but todays red data can change everything and up trend line can be tested again

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Quoting Murugesh29

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{quote} {image}

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Quoting Murugesh29

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{quote} {image}

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Quoting Murugesh29

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{quote} A:From here target goes to 1908...(wave v) B: Recheck of 1940 ,drops to 1920 area... Trade safe

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Quoting parveenverma

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{quote} I can see about 5 untested levels between 1924 to 1943 on Hourly TF and one untested level on daily TF also around 1939 area.U r right....30M left a untested area @1924.4H has not left a single one UL during this downward move. Price action displaying its future plan but I am waiting for my rock confirmation from big TFs.

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Quoting liqidifier

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My opinion price retest at 1920 and our tp might be 1940 {image}

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Quoting aahmad29

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{quote} If price reaches 1940 then this price is above uptrend line and it is going to change whole dimension. I think 1940 is not possible but if it goes to 1940 then it means that bears totally loss the game.

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Quoting Zebi

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my system didnt give any buy signals all morning on hourly or 15 min so this will all retrace...

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Quoting Zebi

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lets examine the data shall we the confidence number doesnt really mean much cause 3000 stupid people get asked stupid questions over the phone LOL..so thats that the jobs report wasnt all that bad cause wasnt precipitous drop in openings...looks like a small decline in line to the rate hikes so a soft landing,,,when job openings get below that swing high in 2019 is time to worry so dont get exited just cause some red colored news comes out so its because of these reasons i said this will get retraced today or latest tomorrow...

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Quoting Zebi

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next stop august 23rd pmi level when im an old man on my death bed ill smile and tell the nurses i fought the asian central banks and won cause those dummies didnt know how to kill the dollar LOL

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Quoting parveenverma

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{quote}My view for long Term ---Price can drop maximum up to 1914-15 area and after that the real game can start. If this area hold the price strongly the price can reach up to 1985-1987 till the end of this month but if this area crashed down then by the end of month price can touch 1865 most probably.I may be wrong because my perspective is as per pure technical analysis basis but Fundamentals can change all the figure. So cross check the analysis with your most trusted trading systems before follow it.Trade safe

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