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Full Version: Gold Technical Analysis, Lets Chat
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I think it will still go up, any comments ?
This thread should have gotten attention since I believe we have more traders focusing only on GOLD (XAUUSD) than any other pairs, including my self. Created this chart yesterday and shared it with my fellow members, now sharing it here. I believe the price fall for GOLD and US Index will rise. This probably might happen during FOMC on coming Friday or earlier than that.

So I'll be focusing only on selling GOLD (XAUUSD) and buying US Index for this week.


This only my personal analysis for GOLD using some mathematical formula I created to trade which play-out very well up-to-date. Use your own analysis before digesting my 2-cents.

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Sounds like a great idea.
from my TV, 50EMA has crossed down 200EMA since 18 June.
Gap widens, has the high probabilities of continual selling.
I would like to see how price will respond at the swing low of 1760.75
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Guess price is trying to reach higher. At the low of the current range. M30
indeed it is higher... thanks for the insights
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will Gold continue its downtrend?
Looking for price drop till level 1680
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