Medium-Term Trading Strategies:
Goldtrades.Info provides trading strategies for investors looking for medium-term growth from gold trading. The following signals would normally be set up according to medium term supports and resistance gold price levels.
How It Works: The trades signals we set up below is based upon our medium-term forecast of the gold price's movements. The trades signals could be set up with a few days in advance. The signals are based upon our Weekly Forecast and Analysis, and Fundamentals affecting gold price trends. When we forecast an opportunity that could happen in the next 2 to 4 days, we set up a trade signal. We only give out signals when our technical and fundamental analysis align. We look into weekly resistance and support gold price levels, together with news and markets sentiments. The following signals are provided for investors looking for longer term investment horizons.
Pre-set Entry price : is the gold price or price range suggested in advance for placing an order Target price 1: is the first gold price target for taking your profits when this price is achieved Target price 2: is the second gold price target for taking your profits when this price is achieved Cut loss price: is the price for settling your trade order when this gold price is reached + Please note that the spot gold prices that we use are the prices from our online trading platform.
Date: Comments: Entry Price: Target Prices: 24 August 2011 Gold price hit 1911 on the 23 August 2011, then went through a 150 dollars correction as investors cashed in their profits. Gold price dropped to 1760 on the 24 August 2011. Long term trend for gold price remains bullish, as US economic recovery is still faced with uncertainties, and Euro debts remained unsolved. Safe haven demand for gold remains strong.
We suggest to buy at 1760-1780
USD1760-1780 1.) USD1870-1880
2.) USD1900-1920
28 June 2011 Gold price rose to 1557 on the 22 June, as risk appetite increased due to Euro debts problems. However, 1550 was a fairly strong resistance, and US, China and Euro zone announced weak economic data, and showing signs of slowing economic growth. Plus US and IEA decided to raise crude oil reserves by 60 million barrels to stop crude oil price from rising further, crude oil price fell to USD90 per barrel. Gold price declined from 1550 to 1490 as commodities prices also dropped due to slowing economic growth. Gold price, however remains bullish in the long term. We suggest to buy at around 1490-1495. USD1490-1495 1.) USD 1525-1530
2.) USD 1540-1545
8 May 2011 Gold price saw a 7% correction last week (2-6 May 11) as we predicted. Gold price was down from the new peak at 1576 to 1462, over 100 dollars corrections. Technically speaking, it was a healthy correction. The long term trend for gold price remains up. After this correction, and gold price having searched for a short term bottom, the price should get back on the rising trend again. We suggest to place long positions when gold price has dropped so much. USD1480-1485 1.) USD1515-1520
2.) USD1520-1525
29 April 2011 Gold price has risen USD120 dollars in April 2011. A technical correction could be on its way, as gold price trades near the key horizontal resistance 1550. We suggest to place short positions at near 1550, and wait for a 5% to 8% correction. USD1545-1550 USD1515-1520 29 March 2011 Gold price hit new historical peak at 1447 last week (24 March 2011) due to escalated unrest in Libya and Middle East. And gold price saw a technical correction of 2.5% from 1447 to 1410 (28 March 2011). Gold price's long term trend remains bullish, as gold price is still well within the uptrend channel. We suggest to BUY/LONG at around 1410 and wait for price to get back above 1436.
USD1406-1410 USD1438-1444
Date: Comments: Pre-set Entry Price
Target Pce 1 Target Price 2 23 Nov 2010 Gold price went through a technical correction last week, hit 1330. After gold price hit another new record at 1425, gold price saw a technical correction.
Gold price remains bullish in the long-term as risk appetite still plays an important role.
We suggest to place long positions at lower prices and wait for gold price to hit 1340 again. (Valid for next 5 days)
1255-1265 Long
1385-1390
1395-1400
8 Sept 2010 Gold price remains bullish, approaching 1260. As risk appetitefor gold continues to be strong, gold price could behitting new historical in coming days.
We suggest to buy at 1246-1250 as gold price could be testing 1250 for support. (this suggestion is valid for next 5 days)
1246-1250 Long
1260-1264
1266-1269
16 Sept 2010 Gold price hit new record high at 1274.6 on the 14 Sept 2010. Now consolidating at 1260-1270 levels. Gold price remains bullish for the medium term. Could see some short-term profits takings before moving up to break 1280-1285 area.
We suggest to buy at 1254-1258. (this suggestion is valid for the next 5 days)
1254-1258 Long
1270-1274
1280-1284
7 Oct 2010 Gold price sees pullback from new historical peak at 1364, back down to 1325-1330 area. However, gold price's overall trend remains bullish. This pullback back was viewed as a healthy short-term correction.
We suggest to buy at 1330-1335 (this suggestions is valid for next 5 days)
1330-1335 Long 1345-1350 1355-1360
Notes: The above information is for reference only. Although we give out commentaries based upon our daily and weekly gold markets research and analysis, we cannot guarantee accuracy of the gold price indications.Investors should study fundamentals and technical analysis before taking up any of the above advice. Please refer to real-time gold markets news updates, analysis before investors enter the markets.
Investors should read our Daily Gold Price Trends Analysis and Weekly Gold Price Analysis and Forecast pages before placing any trades order.
Disclaimer: spot gold trading involves substantial risks and may not be suitable to all investors. Investors who participate in spot gold trading could suffer substantial losses, and could end up loosing all or a substantial part of his/her capital.Investors should read all relevant information on this website and fully understand the risks involved in spot gold trading before making any decisions in starting spot gold trading.Note: Investing in gold bullion markets involves substantial risks. Price of gold can go up and down. Gold investors should fully understand the markets risks before starting to invest in gold. The gold price analysis and gold price forecast we provide in this site is strictly for information only. Margin gold trading is not suitable for everyone, and investors should read all relevant information before starting to invest in gold bullion markets. The investors should consider managing their own risks when engaged in gold trading. The gold trades signals, gold price forecasts and analysis cannot guarantee any profit. Investors should conduct substantial research including long term and short term gold price analysis and gold price forecast, charting analysis before making any gold trading decisions. Investors should also refer to their own gold trading platforms for real-time price of gold quotes. The comments and analysis on gold price trends we provide should be used for reference only. The gold price quotes and gold price charts provided in this website could be delayed.
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