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  1. GOLD (XAU/USD) Next Week Outlook - weekly breakout with bullish reversal

    by , 02-06-2016 at 07:55 PM
    W1 price is on primary bullish with breakout on open weekly bar for now: price is breaking Senkou Span line (which is the virtual border between the primary ebarish and the primary bullish area of the chart) to be inside Ichimoku cloud for the secondary ranging within the primary bullish market condition. Chinkou Span line broke the price to above on close weekly bar for the breakout to be continuing, and Absolute Strength indicator is estimating the bullish trend to be started in the near future ...
  2. Gold hits 3-month high with market rally to be started

    by , 02-04-2016 at 01:14 PM
    Gold prices are modestly higher and scored another three-month high in early U.S. trading Wednesday.

    W1 price is located below SMA with period 100 (100 SMA) and below SMA with the period 200 (200 SMA) for the bearish market condition with the local uptrend as the secondary market rally: the price was bounced from 1047.65 support level for the rally to be started and with symmetric triangle pattern to be formed for the direction of the trend.

    • If the price will
    ...
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  3. GOLD (XAU/USD) Technical Analysis 2016, 31.01 - 07.02: ranging on the bearish/bullish reversal border waiting for direction

    by , 02-01-2016 at 02:16 AM
    Daily price broke Ichimoku cloud for the reversal from the primary bearish to the primary bullish market condition: price was stopped near the upper border of the cloud - Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart. Absolute Strength indicator is estimating the ranging market condition, and Trend Strength indicator is evaluating the trend as the bullish condition to be in near future for example.

    If D1 price ...
  4. GOLD: End Of Week Technicals - Ranging Bullish After Breakout

    by , 01-29-2016 at 11:18 AM
    H4 price was on the primary bullish market condition with the secondary breakout: intra-day price broke resistance levels and it was stopped by 1128.05 key resistance on the way to the bullish breakout to be continuing. The price is started to be ranging within 1128.05 resistance and 1108.31 in the primary bullish area of the chart. Chinkou Span line of Ichimoku indicator is located to be above the price for the ranging bullish condition by direction, and Absolute Strength indicator is estimating ...
  5. Gold Prices: weekly bearish ranging below 50.0% Fibo resistance level

    by , 01-13-2016 at 05:33 PM
    Weekly price is located below 200 period SMA and 100 period SMA for the primary bearish market condition:

    • The price is on bearish ranging within 50.0% Fibo resistance level at 1119.33 and Fibo support level at 1046.23.
    • Descending triangle pattern was formed by the price to be crossed for the bearish trend to be continuing.
    • "After bursting up to a new higher-high of $1,113.03 after NFP last Friday, prices have been pulling back. That pullback may have just found support
    ...
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