Gold XAU/USD (Sideway moves ahead)
View On Gold XAU/USD (25 Aug 2021)
Gold seem to have met some resistant near $1,800~$1,810 region, after the sling shot of the last 2 week.
If you are in the buy positions and making $$, it may be time to lock some profit.
It may swing back $1,775 region first.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Gold seem to have met some resistant near $1,800~$1,810 region, after the sling shot of the last 2 week.
If you are in the buy positions and making $$, it may be time to lock some profit.
It may swing back $1,775 region first.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Commentaire:
Updated View On Gold XAU/USD (17 Sept 2021)
We were expecting the further swing up but it went down BIG instead.
Now the 1750 region shall act as a strong support.
If you have a buy, it is better to hold for a time being but do not add positions.
The price need to climb above $1,800 again for confirm the bull trend again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
We were expecting the further swing up but it went down BIG instead.
Now the 1750 region shall act as a strong support.
If you have a buy, it is better to hold for a time being but do not add positions.
The price need to climb above $1,800 again for confirm the bull trend again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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As we wrote in 25 Aug, Gold had a swing back down 1,780 ($5 shy of our expected level of $1,775)
Now the gold sell down had met with swing support and we saw the Bullish push up.
I expect the push up shall hold and price is to rise higher possibly toward $1,810~$1,830 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!