If you are looking for something different and potentially an easy and quick winner Gold is back on the Bull run.
After a solid run up it has retraced and bounced off 1306.65 (The Black Line) and the 50 EMA (The Red line). This is a classic bounce area. Gold can be brought now around 1330, with a Stop loss under the last bar around 1320, and a target of 1355.
If you are going to make dollars your decisions need to make sense. This is a quick in and out trade.
I have no buy and hold positions on Gold and wont be taking any while I am giving my thoughts on it. I will trade it, and if you follow me you can to.
Lets make more dollars from common sense trades.
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I hope everyone is enjoying their profits on this trade.
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Gold has had a very nice movement yesterday in the suggested direction and hit out targets.
I hope that people have banked some profits off this trade, i certainly did as we are here to trade.
Đóng lệnh: đạt mục tiêu
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I have just sold my position here I am going to close this trade.
I am not saying you have to sell but my targets are reached.
I hope you enjoyed, I will be posting many more profitable trade ideas.
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Looks like our target was accurate again
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This was a nice little trade, if you would like us to have another look at gold jus let is know.
hey buddy. i really like your charts and explanations and analysis. been going through all since i found them. i'm relatively new to crypto trading (started in dec when a monkey could make money at it, eep eep). i did a search for xau in coinmarketcap and came up with xaucoin which isn't what your talking about at all is it. where do you trade gold ?
DollarsAndSense
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@ajcvet, Hi, Yes I have been trading stocks, forex and commodities for around 20 years but crypto only 3 years myself. XAU is gold so nothing to do with Crypto you can trade this through most financial institutions which is your easiest way forward.
Me personally I am more focused on crypto now i am retired previously it was a frowned upon industry and not something I could advise to clients. I would suggest trading crypto over gold any day due to your yields will be far greater with less capital input.
wildboar8
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@DollarsAndSenses, thanks for the feedback. Is there a way to get a signal/message/tct or something that will alert me when you post a new chart ?? do you post anywhere else on any medium besides here ? have a good day buddy.
DollarsAndSense
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@ajcvet, hi yes it will send you a an email when i post new charts i believe, I am also going to open a free telegram group