This month is crucial for Gold, Staying above 1253 will see more up trending move to 1329, and heading 1450 to complete AB=CD pattern.
Note
daily chart: testing trendline resistance, should be careful.Note
Daily chart update:It's obviously a false break out, will retrace 1251 once 1261 being broken in short term.
Note
holding shorts from 1272 till the NFP this Fri.Trade active
closed shorts, and longed small lots from 1265Note
It reached 1273 in our mid night so we didn't take profits, the longs from 1265 was closed with break even.Trade active
long 1261 againNote
4H chart update:Likely test 1265 or 1270,then decide
Note
it's already hit short term tg:1270, now move sl to Breakeven.4H chart update:
NFP likely retrace 1265, go long from there if holds, for tg: 1274, 1293
Note
As we said in Aug 2, "once broke out 1261, will retrace 1251" it just hit the targeting entry in yesterday.4H chart update: add more longs at 1259
Note
1H chart update:short term retrace 1271, if holds, go long,if break 1271, will be possible to retrace 1267Note
Retrace 1278-75 go long, for tg:$1293Note
short term likely retrace 1253 againNote
Note
1H chart update:Short term retrace 1271 go long to 1283, then, short from 1283.5 to 1254
Mid term long from 1253-1254, if supported
Note
4H chart update:price just hit 0.886level at 1289.2 go u turn for some retracement.
likely pullback to 1281, crucial support at 1278
Note
4H chart:short term retrace 1284 go long for tg:1301-1310
Note
4H chart update:hit 1326, very close to our mid term tp1:1329, took some profits and wait for a retracement to add more longs
Note
Note
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.