Overall bias - highly bearish Gold made a new intraday low today in asian session, yesterday during NYSE we saw some pullbacks to collect more sell orders. collected enough sell orders at 1844 to print a new intraday low with data overall positive for dollar. PPI came out very high at 0.79% MOM (previous revised to -0.2%, consensus 0.496). The only reason...
On 13th January 2023, we reiterated our belief that the stock market was going through another bear market rally. Furthermore, we warned investors about the price deviating too far from its moving averages and the characteristic behavior of gold, which lies in it rising rapidly and then dropping quickly as well. Following the FOMC, the price of gold fell by more...
GOLD FUTURES The trend has been changed and the trend is up and forcefully and we have a very strong summit that we are likely to come into contact with in order to achieve the goal
Gold has an interesting trend as of late, ever since $DXY peaked and yields started coming down. It lately caught a bid even on days when bonds were selling off which made it interesting as it suggested we could be seeing rebalancing flows out of bonds and into gold (this happened right after the debate about increased spending surfaced in Congress). I caught part...
Factor Prop account went long at the bear trap and we took what equates to 1/3rd profits at these levels. We will remain alert for a proper correction. Our long term target in Gold is 3,000-plus based on a monthly chart Cup and Handle.
GOLD FUTURES The rise of very strong gold has also penetrated the bite of strong resistance and the shape of new peaks and is likely to return to the highest peaks that are considered targets
GOLD FUTURES As we said in the previous analysis, he penetrated the strongest resistance zone, or a very strong display area, and he went up, and we could see a very strong retest, and who was aggressively climbed to the previous summit
GOLD FUTURES The gold arrived in a very strong demand area, which was superstitiously boarded
GOLD FUTURES We have also analyzed that gold has gone to strong supply areas, from which it is possible to continue to fall superstitiously
GOLD FUTURES A very strong assembly area that is difficult to navigate, but this opportunity within it can be exploited
GOLD FUTURES A strong climb as it reaches the very strong display area and it's probably touched down, but we have to get sure to take a right path
GOLD FUTURES Strong and good decline, but gold couldn't fly the support zone, which is a very strong demand area, and in case it did, we could see a sharp decline
GOLD FUTURES Gold made a very strong rise to the strongest areas of the show, and in case we saw the summit penetration that he achieved, we could get another rise
GOLD FUTURES The market made a strong drop as we analyzed it and went back from the supply area to the strong demand area and from where we will determine a strong new direction
GOLD FUTURES Gold made a strong rise and in fraud penetrated us the focal point it reached can climb to the good display area
GOLD FUTURES Gold penetrated the strongest resistance zone and accelerated to the top strongly and is likely to return to the previous strong peaks
GOLD FUTURES A very strong plunge of gold to a very important point. If broken, it will continue to fall very strongly. The MACD indicator shows us that there is a very strong prospect of falling to our levels.
GOLD FUTURES Gold made a sharp and strong landing and broke us a strong 1641 JED demand area and came down hard and had bearish goals in case it continued to fall.