As discussed throughout my morning's commentary: "Technical analysis: Gold has invalidated the Hourly 4 chart’s Ascending Channel and altered the #4-session Buying spree on Gold. As Gold didn’t recovered Resistance belt on one try / hit after decent decline, Neutral Belt Trading continuation is on the cards, with today's #3,022.80 - #3,037 (#3,045.80) zone to Trade within which, if invalidated can continue the relief rally, otherwise Gold is timed for a downswing. Of course much is attributed to the ongoing fluid Fundamentals whose late optimistic developments (deal hopes) are now pulling the Price-action back downwards (assisting downside as well the debacle on many announcements). I have the next Support at #3,022.80 where the Price-action should meet the Higher High’s Lower zone (many similarities with May #9 fractal) and continue the decline if it gets invalidated towards #3,000.80 pressure point (benchmark). However, Daily chart’s trendline is still preserved and Gold closed the market above the Support zone for the fractal, indicating that Gold will not remain heavily pressured and many Buying opportunities will arise."
I have firstly closed Buying order (#3,030.80 - #3,038.80) and re-Sold there closing my Selling order on #3,018.80 / (#3,038.80 - #3,018.80) finishing week in excellent fashion, having #151 Profits row and #24 Stop-loss hits regarding December #2023 - March #2025. I will use this chance to congratulate Traders who followed my calls and had patience to keep the orders, well done. I am taking weekend break with my capital ready for next week's opportunities.
I have firstly closed Buying order (#3,030.80 - #3,038.80) and re-Sold there closing my Selling order on #3,018.80 / (#3,038.80 - #3,018.80) finishing week in excellent fashion, having #151 Profits row and #24 Stop-loss hits regarding December #2023 - March #2025. I will use this chance to congratulate Traders who followed my calls and had patience to keep the orders, well done. I am taking weekend break with my capital ready for next week's opportunities.
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.