Commodity GOLD Hits Our 3rd Price Target of 1349.9 as pointed out in our 03-Feb-2019 Post. This is our 4th blog post for Commodity GOLD to achieve our price target of 1349.9 and it did. We had the 3 price targets for Commodity GOLD as 1,287, 1,321.4 and 1,349.9 when the price of Commodity GOLD was 1,217.9 way back in 11th of October’18. This, once again, demonstrates the power of our proprietary technical analysis. Most of the price objectives are indeed achieved when we carry out our predictive price analysis and post it much before it happens to start.
From our proprietary price analysis we predicted Commodity Gold to achieve our first price target of 1,287 and it did,
From our proprietary price analysis we predicted Commodity Gold to achieve our second price objective of 1,321.4 and it did,
From our proprietary price analysis we predicted Commodity Gold to achieve our third price objective of 1,349.9 and it did last Friday.
You can also trade like a pro and do a predictive technical analysis in any of the asset classes, you want to trade, when you are trained by us.
You can learn how to trade Commodity Gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Commodity Gold Market can be traded through our proprietary technical analysis Method of Market Analysis as an trading instrument.
Our Proprietary Commodity Trading Strategy will guide you through Our Powerful Market Analysis Method every step of your trading in a commodity like Commodity Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us.
To know how to Trade these type of Markets through Our Prop Trading Method in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.
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Precious metal Gold is within 1.5 points to achieve our 3rd Price Objective as pointed out in our 03-Feb-2019 Post. In our post dated 03-Feb-2019 for Precious metal Gold, we wrote, “Precious metal Gold has achieved our 2nd Price Objective as pointed out in our 23-December 2018 Post”. Now at the time of writing the blog post, Precious metal Gold has achieved 1,348.4 price level and our price objective for Precious metal Gold as per our first blog post for Precious metal Gold was 1,349.9.
This is the beauty of our proprietary technical analysis, in which we analyse different instruments belonging to different asset classes and according to our predictive price model we take positions. Way back in our blog post on 14 October 2018, we analyzed the price objective of Precious metal Gold when the price was around 1,200 level and predicted the following from our proprietary technical analysis:
1> 1,287 as price objective level 1,
2> 1,321.4 as price objective level 2, and
3> 1,349.9 as price objective level 3.
After the predictive technical analysis, precious metal Gold achieved our first price objective of 1,287 level on 02-Jan-2019 and then on 30-Jan-2019, precious metal Gold achieved our second price objective of 1,321.4 level. Precious metal Gold took a while to retrace up to its 200 period moving average as shown in the weekly chart below. After playing with the 200 period moving average for almost 6 weeks, precious metal Gold bounced up to 1,348.4 last week on Fri 07-Jun-2019 which is 1.5 points shy of our predictive price objective.
You can also trade like a pro and do a predictive technical analysis in any of the asset classes, you want to trade, when you are trained by us.
You can learn how to trade precious metal gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Precious metal Gold Market can be traded through our proprietary technical analysis Method of Market Analysis as an trading instrument.
Our Proprietary Commodity Trading Strategy will guide you through Our Powerful Market Analysis Method every step of your trading in a commodity like Precious metal Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us.
To know how to Trade these type of Markets through Our Prop Trading Method in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.
Written by
Partha
Partha Banerjee is the Founder, Principal Trader, and Director of N P Financials Pty Ltd, one of Australia’s most respected ASIC-regulated proprietary trading and trader-training firms and an AFSL holder. With decades of experience across multiple market cycles, Partha is known for his disciplined, structure-first trading approach, grounded in transparency, risk management, and real-market execution.
He actively trades the same strategies he teaches, specialising across Forex, Equities, Commodities, Indices, Cryptocurrencies, and intraday markets. Under his leadership, N P Financials has become a globally recognised trading education and proprietary trading organisation, earning multiple national and international awards for regulatory excellence, educational depth, and long-term trader outcomes.
Connect with Us:
info@npfinancials.com.au
+61 3 9790 6476
