Technical analysis: Gold naturally found Buyers as Buying pressure is evident on the charts from DX on Selling sequence. It is important to note that #3,038.80 is next Resistance, which was near Weekly High’s as Price-action could find strong rejection there and deny the Buying response in extension. If invalidated, Price-action will be calling for #3,052.80...
Technical analysis: Gold naturally found Buyers as Buying pressure is evident on the charts from DX on Selling sequence. It is important to note that #3,038.80 is next Resistance, which was near Weekly High’s as Price-action could find strong rejection there and deny the Buying response in extension. If invalidated, Price-action will be calling for #3,052.80...
As discussed throughout my yesterday's session commentary: "My position: I have successfully re-Sold Gold from #3,000.80 moments ago which delivered decent Profit as I await new chance to re-Sell from same vicinity. If however #2,978.80 gives away, sole development will have #2,952.80 benchmark as an most viable Target which I will pursue. Trade accordingly." ...
As discussed throughout my yesterday's session commentary: "My position: I have successfully re-Sold Gold from #3,000.80 moments ago which delivered decent Profit as I await new chance to re-Sell from same vicinity. If however #2,978.80 gives away, sole development will have #2,952.80 benchmark as an most viable Target which I will pursue. Trade accordingly." ...
Technical analysis: Despite Friday’s session strong response to #3,000.80 psychological benchmark attempt, Gold failed to maintain those High levels and was rejected near the Daily chart’s Resistance zone. Yet, it still found Support on the Daily chart’s bottom of the Higher High’s local Low’s zone, sequence which hold Bearish bias and has High potential to...
Technical analysis: Despite Friday’s session strong response to #3,000.80 psychological benchmark attempt, Gold failed to maintain those High levels and was rejected near the Daily chart’s Resistance zone. Yet, it still found Support on the Daily chart’s bottom of the Higher High’s local Low’s zone, sequence which hold Bearish bias and has High potential to...
As discussed throughout my yesterday's session commentary: "My position: Keep in mind that Gold is on undisputed Bullish trend and use every opportunity to re-Buy Gold. If #2,957.80 gets invalidated, #3,000.80 benchmark is next extension." I have realized all of my Profit under #3,000.80 (#2,980's more precisely) as I am more than satisfied with my recent...
As discussed throughout my yesterday's session commentary: "My position: Keep in mind that Gold is on undisputed Bullish trend and use every opportunity to re-Buy Gold. If #2,957.80 gets invalidated, #3,000.80 benchmark is next extension." I have realized all of my Profit under #3,000.80 (#2,980's more precisely) as I am more than satisfied with my recent...
As discussed throughout my yesterday's session commentary: My position: Keep Buying every dip on Gold. Fundamental analysis: Gold eventually honored the Fundamental side (Inflation cooling and Tariffs outcome) and is Trading on a Bullish pattern on the healthy Ascending Channel. Now this is largely uncharted territory on the Hourly 4 chart. Typically the...
As discussed throughout my yesterday's session commentary: My position: Keep Buying every dip on Gold. Fundamental analysis: Gold eventually honored the Fundamental side (Inflation cooling and Tariffs outcome) and is Trading on a Bullish pattern on the healthy Ascending Channel. Now this is largely uncharted territory on the Hourly 4 chart. Typically the...
As discussed throughout my yesterday's session commentary: "My position: As long as DX is Trading on disappointing numbers, I will Buy every dip on Gold. My current order, Buy with #2,908.80 entry point / optimal Target remains #2,922.80 - #2,927.80 Resistance zone." I have closed my #2,908.80 entry point Buy on #2,919.80 on a fine #11-point Profit and didn't...
As discussed throughout my yesterday's session commentary: "My position: As long as DX is Trading on disappointing numbers, I will Buy every dip on Gold. My current order, Buy with #2,908.80 entry point / optimal Target remains #2,922.80 - #2,927.80 Resistance zone." I have closed my #2,908.80 entry point Buy on #2,919.80 on a fine #11-point Profit and didn't...
As discussed throughout my yesterday's session commentary: "My position: I will continue Trading the #2,892.80 - #2,922.80 range, Buying every Low's / dip on Gold unless one of the major break-out points is compromised." I have waited for one of my benchmarks to get invalidated and since #2,890.80 gave away, I have engaged Selling order on spot and closed it on...
As discussed throughout my yesterday's session commentary: "My position: I will continue Trading the #2,892.80 - #2,922.80 range, Buying every Low's / dip on Gold unless one of the major break-out points is compromised." I have waited for one of my benchmarks to get invalidated and since #2,890.80 gave away, I have engaged Selling order on spot and closed it on...
As discussed throughout my Friday's session commentary: My position: Sole factor which can reverse Intra-day trend to Bearish is NFP announced later on throughout the session. I do however expect upside surprise on NFP where I might re-Sell Gold as Higher as I can ahead of the announcement testing #2,900.80 benchmark or Support zone below, however regardless NFP...
As discussed throughout my Friday's session commentary: My position: Sole factor which can reverse Intra-day trend to Bearish is NFP announced later on throughout the session. I do however expect upside surprise on NFP where I might re-Sell Gold as Higher as I can ahead of the announcement testing #2,900.80 benchmark or Support zone below, however regardless NFP...
My position: This morning I engaged #2,900.80 entry point Buying order with wide Stop and re-Bought Gold once again with #2,892.80 entry point. I have closed second Buying order on #2,900.80 delivering #8-point Profit and kept second Buying order. I will keep Buying every dip on Gold and as many Sellers contacted me recently I repeat / do not expect more serious...
My position: This morning I engaged #2,900.80 entry point Buying order with wide Stop and re-Bought Gold once again with #2,892.80 entry point. I have closed second Buying order on #2,900.80 delivering #8-point Profit and kept second Buying order. I will keep Buying every dip on Gold and as many Sellers contacted me recently I repeat / do not expect more serious...