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TarMarHan

South Africa, Pretoria

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August 4

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FX Article Contest
4^th place
Dec 2017

$400

Fundamental analysis
5^th place
Nov 2017, week 3

$300

Technical Analysis
15^th place
Nov 2017

$250

Gold - Technical Analysis Forecast

TarMarHan Posted 30 Apr. as Analysis on XAU/USD, Target: 1331.256, Date: 1^st of June, 12:00 GMT in #Technical analysis #XAU USD #XAU/USD

The average true range is at 13.334
It seems that there is a very strong support level at 1300. The price has failed to break through this level in 2018
The support level at 1300 will likely hold in the coming month given that the volatility in gold is moderate

Now using the fibonacci retracement levels i can predict that the next move will be upward.
I will use the 2018 highs and lows to set up the retracement levels

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TarMarHan Posted 28 Mar. as Analysis on GBP/CAD, Target: 1.82728, Date: 1^st of May, 12:00 GMT in #Technical analysis #GBP/CAD #Gbpcad

The bollinger bands are as follows, upper band at 1.84671, middle band at 1.80848 and lower band at 1.77218.
The bands are upward sloping and the ATR is at 0.01393.