Gold calls.Long term -medium term and intraday calls in gold is here !.

[Arashimuro]

Well, the asset moves as I’ve predicted. I think that I can earn even more on XAU/USD! Definitely, the show must go on =)

 

[Robbe]

It seems to me that the asset will go for breaking the upper bound after reflecting from the bottom line.

 

[fxstrategist]

Gold

Gold rallies, but it is still very undecided and it may head in any direction, even though the current trend is still bullish.

 

[Dentalfloss]

comin off the boil
needs to stay above the pivot

trends from 6th April

 

[Dentalfloss]

wham...came off the boil..retest of top at 1262 and in
better result 1229 hit..over $30 tank
excellent run..luvin it

 

[Dentalfloss]

even better
$40 drop...1223 hit
excellent run

 

[arigoldman]

Bearish.

 

[Dentalfloss]

Bearish.

not yet
Yu gotta take out 1280 first
might get a reaction at 1300/round
should be supp in 1280...needs a bad bounce from that or good economic news

 

[Dentalfloss]

might get a pullback in 1300-1308 area

if 1280 goes then 1272 area
1248 should be decent supp
uneless good economic news

 

[proptrader101]

I can see Gold moving back to the 1300-1500 range over the next 6 months.

 

[Robbe]

I can see two scenarios here – the basic (1) and alternative (2).

 

[sujithsstorock]

gold struggling to stay above 1300$

 

[Dentalfloss]

gold
a bounce off supp ??

1198-1204 is trend supp/green
could bounce off any lvel
1257 is prev supp/pink horizontal...could bounce to that area

 

[Dentalfloss]

could break 1250 or retrace
1234 got hit today..otherwise 1220

 

[Dentalfloss]

it broke..now into more formidable resistance

 

[mlawson71]

What would be the effect of Brexit on Gold, I wonder, and will it even have any? Any thoughts?

 

[Pat494]

What would be the effect of Brexit on Gold, I wonder, and will it even have any? Any thoughts?

With Brexit it should go up sharply.

 

[Arashimuro]

I think that XAU/USD asset will go up, but I can’t see a favorable opening for a deal right now.

 

[sujithsstorock]

whenever gold rallies beyond 1300 $, gold crashes back below 1250$

 

[Markemarc]

whenever gold rallies beyond 1300 $, gold crashes back below 1250$

that may be the case sometimes but the uncertain environment will continue for a month at least. when the obvious bull trades die down over the next week gold will be a safe haven. gold crashed back after hitting 1300 twice recently because the market thought the fed would raise US rates and then when the market thought the UK would remain in the EU.