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Buy Gold / Sell USD

kmwaseem07 Posted 18 Aug. as Analysis on XAU/USD, Target: 1299.0000, Date: 1st of October, 12:00 GMT  in #Technical analysis #XAU/USD
Short-term Shift: Last week, there was a shift in the outlook for gold price, from a technical perspective. Essentially the technical picture for gold in the charts turned from bullish to bearish/neutral. The outlook on the daily chart remains sideways
Signals of the chart: Last week’s consolidation at first held the prevailing bullish momentum as the RSI reading tagged above 70, and held above 40 on the dips. However, this all changed on Friday, when price fell sharply. Gold price was also trad…
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2 Comments
Polinka avatar
Polinka 18 Aug.

great!

VikaChechenkova avatar
VikaChechenkova 26 Aug.

informative)))

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Buy Gold , Sell USD

kmwaseem07 Posted 16 July as Analysis on XAU/USD, Target: 1300.0000, Date: 1st of September, 12:00 GMT  in #Technical analysis #XAU/USD
Gold fell below $1,300 an ounce to a four-week low on Tuesday, as the dollar rose and bullion investors focused on a U.S. Federal Reserve monetary policy report which showed the central bank is set to end its bond-buying stimulus by October.The metal initially rose after Fed Chair Janet Yellen told a Senate committee that the U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future.In an accompanying …
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Sell GOLD (XAU), Buy USD

kmwaseem07 Posted 11 June as Analysis on XAU/USD, Target: 1261.700, Date: 1st of August, 12:00 GMT  in #Technical analysis #XAU/USD
Gold prices dip in Asia with fresh direction sought.
Gold prices eased in Asia on Wednesday with fresh cues sought for the yellow metal.
Gold prices weaker in Asia
On the Comex division of the New York Mercantile Exchange, Goldfutures for August delivery traded at $1,259.60 a troy ounce, down 0.04%, after hitting an overnight session low of $1,250.40 and off a high of $1,263.70.
The European Central Bank's recent decision cut interest rates continued to weigh on the euro, which bolstered gold's …
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Buy Gold, Sell USD

kmwaseem07 Posted 4 May as Analysis on XAU/USD, Target: 1300.4500, Date: 1st of July, 12:00 GMT  in #Technical analysis #XAU/USD
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Buy Gold, Sell USD

kmwaseem07 Posted 23 Apr. as Analysis on XAU/USD, Target: 1285.0000, Date: 2nd of June, 12:00 GMT  in #Technical analysis #XAU/USD
Since the market is very volatile, we may see the fast movements. In order for higher profits Gold is the best instrument to make profits dont forget to set the exit point of the profit mark.
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