On April 14, gold made false break-out 3 times of the 1201 level which was a perfect sell signal We made $7600 profit for the SELL XAUUSD
Forex trading signals and analysis for GOLD – 14 Nov 2014
Analysis: Gold continued to consolidate within 150 pips range yesterday. Gold moved up during Asian session yesterday and expected to break 1178 but finally closed the day almost unchanged. Gold…
Forex trading signals and analysis for GOLD – 5 Nov 2014
Analysis: Gold continued to consolidate between 1160 – 1175 for the third day with bias down trend. After a long down move, we expected that Gold will bounce back to…
Forex trading signals and analysis for GOLD – 24 Oct 2014
Analysis: Gold continued to move down lower yesterday, especially after US Job reports data. Gold touched 1225 zone before closing the day around 1231 level. Downtrend resumed and gold is…
Forex trading signals and analysis for GOLD – 16 Oct 2014
Analysis: Gold rocketed to 1250 after bad US Retail Sale data and closed the day above 1237 but still below 1241 – 1243. There are more signals showing that the…
Forex trading signals and analysis for GOLD – 10 Oct 2014
Analysis: Gold moved up from 1205 after FOMC minute released then continued to move up further to test 1233 – 1235 yesterday then closing around 1224. Although the dovish tone…
Forex trading signals and analysis for GOLD – 26 Sep 2014
Analysis: Yesterday Gold tried to break 1208 zone but failed, mainly due to weakness of US index during US session. Gold closed the day above 1215 and shown a strong rejection…