GOLD SELLGold has reached a previous resistance, and resistance trendline. Looking for sell opurtunities.
Goldking
Gold Liquidity Grab ?!Gold rejects 1758 at major demand level, huge wick on the H4 candle, looks for a long into 1793x1795 and a break would bring us to 1804!
small amount of traffic on the way up, first target is 1785 where we will slow down before blasting through!
1:4 RR if you take this trade
1% Risk for a 4% return!
GOLD KING
Gold Bullish Push InsightWe have gold trading at a nice range here. I am expecting gold to break 1745 and target 1755x1760 area, we have grabbed liquidity at 1730ish area for buy orders to take control, NY volume will anticipate a push higher in the session! Lets monitor!
1:8 RR if you take this trade
Levels will be broken!
Xau/UsdMy analysis until June 19th. With futures contracts expiring on the 19th i expect gold to either retest this 1763 area or even break higher until 1772 with strong seller rejection back at this level in 2012. Gold continues to stay above the 200 ma waters but is at small momentum and will ultimately lose a bit on possible profit taking during expiration of contracts. This leave will leave opportunities on the table for all institutions of traders to get in on price action before volatility explodes to either side. Am overall bullish but always staying optimistic at key levels. :)
