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Gold precisely reached the 1st resistance area. Since the gold is in over-bought pattern, we opened small amount of selling orders at 1949, with SL above 2151. We are still holding buying orders opened at 1986 and 1990 for the broken through of 2150 and the bullish target: 2225-2230. Let's see the result!

alanchin

Gold is almost reaching the former top position. No bullish chasing near there. After a couple of days retracement, 2150 will be broken through to reach the target 2225-2230. Count how much profit we made from our buying orders opened at 1986, 1990. Don't try to trade against the bullish trendance before it finishes. Let's see the result by the chart!

alanchin

Gold is near resistance at 2090. Retracement may happen. Expecting support area 2060-2065.

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Weekly chart shows the third uptrend is moving. We expect the 1st long-term bullish target at 2225 (Fibo123.6%). Let's see the result and make our profit much bigger in this bullish trend!

alanchin

Gold break through 2065 which is the position of Fibo76.4%, targetting 2145 and even higher. Our selling order opened at 2065 has close at 2067, still holding buying order opened at 1986 and 1990 for 2145. On weekly chart which is bullish pattern, 2220 will be the final target if 2145 break through. Let's hold buying orders for great profit!

alanchin

Gold is taking the 3rd uptrend move on 1D chart, which is the typical pattern for bullish trendance. Buying orders opened at 2017 has been close at 2045. We are still holding buying orders opened at 1986 and 1990 with SL moved up to 2024, targetting 2060~2065. * 1st resistance: 2060~2065. * 1st support: 2040. 2nd support: 2025. * bull & bear boundary: 2025. No...

alanchin

* Bull & bear boundary is critical for trading. We suggest $2 beyond for SL. If the boundary postion breaks, most probably the trendance will be reversed. * 1st or 2nd supporting position is for buying entry or TP (partial or total) of selling orders. * 1st or 2nd resistance position is for selling entry or TP (partial or total) of buying orders . * $1 difference...

alanchin

2nd uptrend move finished by 2041 showing not so strong enough on 1D chart for bullish. * 1st support: 2025. 2nd support: 2020. * 1st resistance: 2045. 2nd resistance: 2065. * critical position for uptrend pattern: 2015. If 2015 breaks down, 1990 will be the next target. So we put our SL of buying orders opened at 2016, 1995 at 2014.

alanchin

Gold successfully finished the 1st retracement on 1D chart by the position of 2016 (Fibo38.2%), and is taking its 2nd uptrend move up to 2045 and final position 2065 which is the position of Fibo23.6%. Let's see the result!

alanchin

As I mentioned yesterday, gold successfully hold the critical position 2015. Our buying orders opened at 2016 is taking profit as to 2045, 2065 with SL at 2019! Another great deal again! Gold is making the 2nd bullish move on 1D chart. As to the Elliott Wave Theory, there must be at least 3 waves for trendance. So far, we are holding buying orders opened at...

alanchin

Critical position: 2015! Gold is look for lower support.

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Gold if expecting higher target as to 2065 if 2023 could be held in the following days. * 1st support: 2023. 2nd support: 2015. * bull & bear boundary: 2015.

alanchin

Gold is trying to break through 2022. Critical position is 2030. * 1st resistance: 2025. 2nd resistance: 2030. * 1st support: 2015. 2nd support: 2010. * critical position: 2030. No bullish chasing near 2030. A bearish 1D candlestick may appeared.

alanchin

Gold precisely reached the 4H resistance position 2022, targetting 2025, 2030. * 1st resistance: 2022-2025. 2nd resistance: 2030. * 1st support: 2015. 2nd support: 2010. * critical positions: 2030. If 2030 breaks through, 2060-2065 will be the next target.

alanchin

Gold is waiting for breaking out: 1985~2030. If 2030 breaks through, 2065 will be the next target. * 1st support: 2010. 2nd support: 2005. * 1st resistance: 2020~2025. 2nd resistance: 2030. * Critical position: 2030. We're still holding all the buying orders opened at 1986 and 1990. SL for selling orders opened at 2929, 2031 before will be fixed at 2031.

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As I’ve mentioned before, bearish trend can only be started after 3 weeks bullish (Elliott Waves) which the 3rd bullish up-move will be finished. 2180-2185 which is the extended Fibo 123.6% may reach. * 1st resistance: 2075-2080. 2nd resistance: 2144. * 1st support: 2020. Target 2180-2185 will be reached if 2080 breaks through.

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Gold is moving it’s 3rd bullish move targeting 2180-2185 which is also the 3rd bullish wave of Elliott. *1st support: 2025. 2nd support: 2015. *1st resistance: 2050. 2nd resistance: 2075-2080. * bull & bear boundary: 2000-2005. Let’s follow the bullish trend up to 2180, and take bearish orders after 3 bullish weeks!

alanchin

Critical positions for NFP day: 2000, 2050. Gold will retrace down to the supporting area 2000-2005 on NFP day, and choose direction. If 2000 breaks down effectivly, 1950 will be the next target. If 2000-2005 could be hold up, a new bullish trend will start. Let's see the result today.