As discussed throughout my yesterday's session commentary: "Gold is skyrocketing due DX taking strong hits due Trump's tariff speculations and as explained many times before, such development will add heavy Buying pressure on Gold. If #2,752.80 benchmark holds as an former Resistance / new Support, #2,800.80 benchmark / record High's are in motion. My #2,743.80...
As discussed throughout my yesterday's session commentary: "Gold is skyrocketing due DX taking strong hits due Trump's tariff speculations and as explained many times before, such development will add heavy Buying pressure on Gold. If #2,752.80 benchmark holds as an former Resistance / new Support, #2,800.80 benchmark / record High's are in motion. My #2,743.80...
As discussed throughout my yesterday's session commentary: "My position: Gold's reversal chances are now negated with Trump's Tariff speculation which delivered hard blow to DX. I do expect Gold to continue soaring and if #2,727.80 gets invalidated, expect #2,752.80 benchmark to be met. Only #2,700.80 benchmark break-out can revive Sellers interest." My first...
As discussed throughout my yesterday's session commentary: "My position: Gold's reversal chances are now negated with Trump's Tariff speculation which delivered hard blow to DX. I do expect Gold to continue soaring and if #2,727.80 gets invalidated, expect #2,752.80 benchmark to be met. Only #2,700.80 benchmark break-out can revive Sellers interest." My first...
As discussed throughout my yesterday's session commentary: "Technical analysis: Mixed signals regarding the Intra-day direction on Gold where Price-action entered Neutral belt of #2,700.80 - #2,727.80 on Daily chart where the sequence leans more to the Bullish side, while Weekly (#1W) and Monthly charts remains critically Bearish. Last week's Bullish motion /...
As discussed throughout my yesterday's session commentary: "Technical analysis: Mixed signals regarding the Intra-day direction on Gold where Price-action entered Neutral belt of #2,700.80 - #2,727.80 on Daily chart where the sequence leans more to the Bullish side, while Weekly (#1W) and Monthly charts remains critically Bearish. Last week's Bullish motion /...
Technical analysis: Mixed signals regarding the Intra-day direction on Gold where Price-action entered Neutral belt of #2,700.80 - #2,727.80 on Daily chart where the sequence leans more to the Bullish side, while Weekly (#1W) and Monthly charts remains critically Bearish. Last week's Bullish motion / attempts was rejected near #2,722.80 - #2,727.80 Resistance...
Technical analysis: Mixed signals regarding the Intra-day direction on Gold where Price-action entered Neutral belt of #2,700.80 - #2,727.80 on Daily chart where the sequence leans more to the Bullish side, while Weekly (#1W) and Monthly charts remains critically Bearish. Last week's Bullish motion / attempts was rejected near #2,722.80 - #2,727.80 Resistance...
Technical analysis: I spotted increasing Resistance level seen Trading at #2,722.80 - #2,727.80 configuration and as Doji Star Bearish reversal candle was delivered, it is possible to extend the Selling sequence below #2,700.89 psychological benchmark as Buying pressure is easing as Fundamentals are not affecting Gold market as is was the case on few previous...
Technical analysis: I spotted increasing Resistance level seen Trading at #2,722.80 - #2,727.80 configuration and as Doji Star Bearish reversal candle was delivered, it is possible to extend the Selling sequence below #2,700.89 psychological benchmark as Buying pressure is easing as Fundamentals are not affecting Gold market as is was the case on few previous...
As discussed throughout my yesterday's session commentary: "My position: As I announced that Gold is Buying every dip lately, I have engaged Buying order with #2,665.80 entry point throughout yesterday's session and closed it on #2,683.80 few moments ago. I will continue Buying Gold only if #2,692.80 final Resistance gets invalidated and market closes above it....
As discussed throughout my yesterday's session commentary: "My position: As I announced that Gold is Buying every dip lately, I have engaged Buying order with #2,665.80 entry point throughout yesterday's session and closed it on #2,683.80 few moments ago. I will continue Buying Gold only if #2,692.80 final Resistance gets invalidated and market closes above it....
Technical analysis: As expected Ascending Triangle on Gold got invalidated to the upside and touched local High’s, which should practice enormous Buying pressure on Gold which I am announcing and pointing on for more than #7-session horizon. No changes on the Daily perspective as the Price-action remains ranged above the Hourly 4 chart’s #2,662.80 first Support...
Technical analysis: As expected Ascending Triangle on Gold got invalidated to the upside and touched local High’s, which should practice enormous Buying pressure on Gold which I am announcing and pointing on for more than #7-session horizon. No changes on the Daily perspective as the Price-action remains ranged above the Hourly 4 chart’s #2,662.80 first Support...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order on #2,680.80 / optimal Target remains #2,662.80 Support in extension. If #2,676.80 gets invalidated, development alone will add credence to Sellers." I have closed my re-Sell order (#2,680.80 - #2,657.80) on a fine #23-point run extending my results range to...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order on #2,680.80 / optimal Target remains #2,662.80 Support in extension. If #2,676.80 gets invalidated, development alone will add credence to Sellers." I have closed my re-Sell order (#2,680.80 - #2,657.80) on a fine #23-point run extending my results range to...
Technical analysis / quick update: Ranged Price-action came as no Technical surprise as Price-action remains in Rectangle on a combination of Fundamental pressure and Technical necessity for a Higher High’s Lower zone extension. It is closely related to currency Volatility on DX (and the economy related Fed’s hawkish stance) as the Price-action in near...
Technical analysis / quick update: Ranged Price-action came as no Technical surprise as Price-action remains in Rectangle on a combination of Fundamental pressure and Technical necessity for a Higher High’s Lower zone extension. It is closely related to currency Volatility on DX (and the economy related Fed’s hawkish stance) as the Price-action in near...