Category: gold
A few levels to keep in mind (DAX-DOW-GOLD)
One of the most important lines to keep well in mind when trading are undoubtebly historical levels of support and resistance that proved to be key signals for a long or short position. A broken resistance or support or a rejection would give a major hint on the direction of a trade. Trading the smaller timeframes having in mind a broader perspective doesn’t hurt at all.
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Gold bulls back in business
After the down pressure (that I though would fade at the 1240 FIBO level), the bulls managed to step in a the 0.382 Fibonacci level (1263) and push again on the accelerator.
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Gold another disappointment for the bulls
After breaking the famous 1295 levels the bulls took control and ride the gold prices over 1350 $. It didn’t last long
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Gold breakout to last
At the end finally gold break throught that very tough hurdle and the following price action has been extremely bullish.
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Oh my gold…
Again and again. Third not lucky either.
On Friday gold prices tried for the third time a breakout that was promptly stopped
Gold bullet ready to shot (or die)
The golden bullet is already loaded. Where is going to shot however is really uncertain.
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Gold falling in free style
This week gold was under the spotlight as the other precious metals. As expected, the price have...
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Gold set to test lower channel
Gold missed completely our earlier expectation and starting sliding toward dangerous levels. It...
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Gold one more chance for the upside
Gold, as expected, has rebounded again from the fibo line retracement (before the FED announcement...
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Gold in a delicate spot
Since July gold prices has started to show a period of uncertainty with ups and downs in the 1360...
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