eacemi
看多

XAUUSD GOLD Trade Idea : New Targets ?

TVC:GOLD   黃金差價合約(美元/盎司)
83 0 2
XAUUSD             GOLD             Trading Idea :

As I published in my GOLD             trading articles , I entered LONG trade from 1222 USD .

We hit the GOLD             targets one by one and price rebounded from FIBO retracement 76.40 @ 1263.40 to 1243 USD ( Fibo retracement support 50.00 of the movement started on April 17th )

1243 was the strong support ( which was a resistance last week ) for GOLD             and reacted upside and closed @ 1255 USD.

1255 USD is Fibo 23.60 and 1255-1263 levels will be guide line for the Mid term GOLD             trade.

People started to speak about 1400 USD levels for GOLD             ...Which does not sound logical to me.

Fundementally speaking, I do not see any evidence of physicall demand to GOLD             to support the price fly towards 1400 USD levels.

In the first chart , I added US Dollar Index             DXY             to GOLD             daily chart .

DXY             is at the lowest levels of last 6-7 mounths , considering this XAUUSD             was supposed to be 1290 - 1320 levels .

Technically :

1263 will be re tested again. Then we have 1274 to be tested.
A few hourly closings above 1263 will confirm me the strong up side momentum and my targets will be 1274 ,1281 and 1296 for this week.

For Day trading 1250 and 1246 are the first pull back levels which are buy opportunity levels for me.

I will not enter SHORT trade till the GOLD             price breaks down 1234 USD.

Updates will be published in my blog.

Good Luck
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出