Technical analysis / quick update: Productive session only for Scalpers as they are getting most of the returns out of current Price-action. Lagging upswing attempt on Hourly 4 chart got stalled near #2,782.80 Resistance zone (break-out point still not compromised), Gold made it to #2,742.80 almost (might be Stop-loss hunt) however clear Profit taking on recent Bull run. The Bullish reaction is due to DX testing the Lower High’s Lower zone trendline that started with last week’s local High’s zone. I would re-Buy Gold right away with #2,800.80 benchmark / record High's Target however DX is Trading on sideways numbers which could extend the sideways sequence / I will monitor Price-action fluctuation from sidelines however Bullish bias is here to stay.
- 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.