Kevin_Sailly

Kevin_Sailly

This is what I found from the Daily Chart. Should be a sign for continuation to the upside. Try to google the characteristic of Symmetrical Triangle and you will know why this is my reason for kept my Long position. I believe Gold will try to break the Resistance @1291 tonight. From my perspective, I saw Janet Yellen as a conservative person. If i'm not wrong the...

Kevin_Sailly

Based on what I saw in the Daily Chart. I can see this Support is holding and might be the new ground for another high level. If you take a look from the last Double Tops pattern. It only took 2 or 3 candle for confirm the reversal. But this time it took around 6 Candles for Gold to create a Triple Tops. So hold your Buy with Stop Loss tight around 1278...

Kevin_Sailly

As you can see Ascending Triangle was form in the small timeframe. But this time it wasn't mean for the Bear, Bull still in control. 1284 still holding as Bull's new ground. After 3 times attempt to break low, Gold might be trying to reach 1300 again. The Stop Loss that I put around 1278 - 1279 still holds. Let's see, can we make it for a new high ground. Good...

Kevin_Sailly

From the Monday's closed price. I can see the price just closed above the last resistance. But all we need is only just 1 more push to confirm everything. I believe Gold will touch 1300 soon this week and trade above that price. I still have my Buy from the last wednesday @1278 and right now I move my Stop Loss right under the 3 days low area. Stop Loss is under...

Kevin_Sailly

From the last week close, I think this could be it.. The breakout that we have been waiting for a long time. I don't know if this correct or not? But from my perspective, it's gonna be $1.300 next week and close above it. I still hold my buy from 1278 with Stop Loss around 1264. Hopefully next week is the time where everybody will be have a good time. What do...

Kevin_Sailly

Last night we saw Gold close around 1287. After so many times the Sellers try to give Gold pressure, the price still holding above the @1284.50. This could be a sign that the Sellers momentum is already losing it's power. Last night, a terror attack in Barcelona, Spain. Was also a trigger for Gold to trade in the high level. Right now, I still see Gold on track...

Kevin_Sailly

Last night after FOMC Meeting Minutes, I took a Buy @1278 and Put my Stop Loss @1264. I believe this Bullish Engulfing will bring Gold prices to a new high level. At this rate FOMC is showing a dovish statement for The Fed to hike the interest rate this year. After 2 times attempt to go for lower prices in Tuesday and Wednesday. Gold finally keep maintain it's...

Kevin_Sailly

I just bought Gold @1278 right after FOMC Meeting Minutes. I put my SL @1264. Long-term Good luck and have a nice profit! Thanks!!

Kevin_Sailly

Based on last day closed price of Gold, it formed a pattern that we called as Bearish Engulfing. This pattern is a sign for reversal pattern, and today's close will be the confirmation candle. @1274.50 ( 0.236% Fibonacci Retracement ) is also become a key level that we must anticipate today. If it close above it, there might be a chance that this price is create...

Kevin_Sailly

If you recall from my latest post in Gold, you might be following me on Long Position in Gold. Check the chart below for my last idea, on wednesday last week. From the 30 Mins Timeframe, I can say that Gold will keep on moving to the higher ground. The Geopolitical tension is getting more intense, and this could be the long journey for Gold to keep on moving...

Kevin_Sailly

On Wednesday 9.8.2017, I published an idea to Long Position in Gold from around 1264 - 1267. Right now, the movement still on track for my Long Position. Gold closed above the 0.618 Fibonacci Retracement around 1290.16. My position now is still floating profit around +26 pts. I am pretty sure the price will continue to surge for try to break the last resistance...

Kevin_Sailly Updated 

As we can see, Gold performed so well in the last day trading. The price went down to below the Major Support @1256, but in the end it closed above the Major Support which is also a 23.6% Fibonacci Retracement. Right now, the price is moving to the upper ground of the Bridge Area @1264 and also maintain to moving above this area. The Geopolitical situation is...

Kevin_Sailly

Based on last candle, Gold formed a pattern that we called as a Bullish Spinning Tops. Besides of the pattern, Gold is also breakout from the Major Resistance @1261 ( 0.236% Fibonacci Retracement ). A good opening for Long Opportunity. Buy for Long-term. Stop Loss under 1250. Please click " Like " if you find this analysis helpful. Thanks!!

Kevin_Sailly

In weekly timeframe, I found a pattern that give us a clue for reversal next week. Dark Cloud Cover is formed in the last week session, which is give us a sign to pullback in the Gold market, from this I can see that the Resistance Line from Symmetrical Triangle is still holding. The buyers already attempt for about 3 times for breaching the Resistance Line but...

Kevin_Sailly

Last week session we got NFP to control the rest of market until the last of the week. From the lower timeframe, we could see there will be a last run from Buyers because the Strong Support @1255 is holding and maintain the ground. From now on, I suggest to wait and see or stay in the neutral stance. The reason behind this is the movement was affect of the US's...

Kevin_Sailly

Based on what happened yesterday, we can see that the market is moving consolidating around this level. Even the breakout was happen in the bridge area, the market still maintain the ground above the Strong Support area. Today the real breakout will happen, there is potential for Gold to pullback around the 1258 area. Patience is the key, wait for the...

Kevin_Sailly Updated 

Based on M30 timeframe, I can see that the Gold try to breach the last high and try to maintain this level as the new ground. The Recent Low @1256 is the area that will turn Gold into a Sellers Territory if it can be breach, but as long as the price above this level it will be count as a Buyers Territory. If Gold price can close above the Resistance @1270 today,...

Kevin_Sailly

From the H4 Chart, we can see a potential for Gold to pullback to 1258 area or small area around 1265. Key Levels: - Support Area 1258 - Small Support 1265 - Resistance Area 1275 ( Fibonacci Retracement 0.236 from 1204 - 1296 ) Pay attention to this key level, if Gold can breach 1275 it will soon move to higher ground to test 1296. Long opportunity at 1258 area....