Gold Analysis

[zerotoherofx.com]

close ur eyes and buy gold ,haha

 

[cinnamonster]

Currently the cryptocurrencies are on fire which are squeezing the gold prices down. But looking at the volatility of cryptos in the current market, I think gold prices will see a huge gain in long term.

 

[Jef55]

I agree cryptocurrencies are now taking the position of a safe haven that gold has always had. But if the price of cryptocurrencies significantly drop I think there is a pretty good chance that gold will go up again.

 

[martinakrystal]

Hiii
I dont know that how to analysis the gold.


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[ron.kotka]

Gold is a very good opportunity to invest in.

 

[margolavo]

Gold Technical Analysis copied from **********

Gold
Gold (XAU/USD)
1104.71
7.28
(0.66%)
10:22:05 (GMT)
Start trading Buy
Bid: 1104.41
Ask: 1105.01
Open: 1097.43
High: 1105.23
Low: 1097.18
16:0025. Jan08:001090109511001105
markets fell a little bit during the course of the session initially on Friday, but turned back around to pop above the $1100 level. Because of this, it looks like we are going to try to break out to the upside and a move above the $1110 level would send this market going much higher. Any pullback at this point in time should be a buying opportunity on signs of support, and as a result we are essentially “buy only” at this moment in time although we do recognize there is a lot of noise to work through.

Gold prices have been down band it seems that in the current market situation it might further slip away, there are very feeble chances of any bounce back

 

[Hendadda]

We need also take into consideration the political situation globally. Brexit influences it a lot, relationships between US and China, but nevertheless there is no clear signs how the gold market will behave in future if the political situation remains unstable.

 

[Alekxandra]

Last week, gold closed below the Tenkan (red line on the chart). The stochastic has risen, exited the oversold zone and is ready to go down again. This speaks in favor of the fall of the gold rate.

 

[rofique]

I saw a few articles over net which expresses that gold is getting more grounded and will be a wise interest in not so distant future, there is site called profitconfidential having numerous articles about it, will be it so?

 

[Jack95]

definitely a good investment