Gold Price Going Up For Several Months

[John Gold 10]

Hi, it looks like that the miners and Gold bottomed in early July. This intermediate move should last about 10 more weeks, I will keep all my position in this sector during all this intermediate trend. Good trades to all!

[safnur 10]

I hope all on a sudden gold will be increased

[Ammeo 10]

But first it has to go below that $1100 level from where it bounced last time..

[Ammeo 10]

Technically speaking,

I see a good resistance @1351

with divergence on MACD and almost RSI

I think selling @1341 with SL@1360 and TP @1310 is fair for this chart

Breaking 1351 buy chance with a SL@1330 Tp@1400......

[karthik.s 10]

Since few weeks gold has been trapped within a narrow price range for gold traders October may be the weakest month.

[Ammeo 10]

Gold will be back to that $1800 level once again, if not now then maybe in 5 years as its only possible long term trajectory is upward..

[Ammeo 10]

But for the near short term it should fall more, possibly until mid of next week until ~1280 or so, after that it should bounce like nuts...

[Ammeo 10]

I think we will defo see $1200 before the year is out, $1000 could be interesting and got to quickly as there is very little technical support until there, but at the end of the day, only time will tell, its the market, anything could happen...

[Guest epic research]

It fluctuates daily,sometimes it raise sometimes it decrease.

[Guest epic research]

Today it's trading range is between 28547-29405.

[Guest epic research]

Gold trading range for the day is 28422-29118.

[Guest epic research]

Today's trend is 28313-29323.

[John Gold 10]

I found an interesting article with great charts that is showing investors coming into gold. I think gold price entered a new intermediate uptrend.