


Gold_Street
Gold formed a Head and Sholder pattern on 5min time frame with complete retest.
Silver seems to consolidate and formed a lower high for a possible trend reversal. We look for sell opportunities with proper risk management. Remember that market is still very volatile.
With gold ranging, we might see a double top signifying short term sells or general trend reversal for a retracement move. Risk management is key especially with the recent whipsaws that took out buyers and sellers at the same time.
With gold ranging, we might see a double top signifying short term sells or general trend reversal for a retracement move. Risk management is key especially with the recent whipsaws that took out buyers and sellers at the same time.
We have seen a strong bullish move on gold last week. What do we expect this week? We keep an eye on gold as we await usd news to see if we gain some pips. Long term gold remains bullish.
So gold has finally broken to the upside. What a move! This leaves behind a very strong support that we're likely never to break unless a miracle happens. We can tell the future of gold is space! We look for sell opportunities with high risk management on retracements but with a buy bias on the long term. Gold has always been bullish annyway. It was a matter of...
Since CPI news that came out positive for the dollar, we saw a nice drop on gold to 2500 which stands a strong pivot point in the range. We must be keen with the upper liquidity with equal highs which might eventually be taken out sooner or later. But before then, we keep finding opportunities.
Looking for reversal from this zone. 2500 zone has been a key area in the range and price seems to bounce off on either side.
Gold still testing resistance. Possible drop upto 2500 pivot point. Let's see
Gold still testing resistance. Possible drop upto 2500 pivot point. Let's see
Gold has resently touched resistanced and created equal highs. We might see it retreat to 2500 pivot point.
Gold has broken resistance and currently retesting. Catch some peeps
Gold has pulled back to retest last week's resistance. Incase it doesn't break to the upside we expect sells to the downside to test the strong daily support zone. Generally we're still in a range.
EU is at support level and if it keeps holding we might see bulls riding to the retest resitance at around 1130.
Gold just retested the trendline. We look to see more buy opportunities as we push to take out liquidity at the resistance level.
We continue with buys. Gold broke the trend line giving an opportunity for buys possibly to take out the equal highs liquidity. Wait for possible retest to buy.
We keep killing gold. Gold to the moon based on fundamentals. We had a good puul back to gain bullish momentum.
Following gold's response to our analysis and bagging pips, it has reached resistance area and we expect a brief pull back to either of the areas of consolidation then break aggressively to the upside.