GOld managed to fall to 1914-1915 area. This is were a support level is located. From here gold will climb toward 1930 area. If it breaks with confirmation. Add more buys. if 1930 holds it is posible for gold to fall from here again as far as 1900 and below. Although 1914 is buyers area. As long as 1928-1930 won't break were still on the bearish side off the...
Yesterday was a rough day. Gold managed to spike beyond the daily Channel(resistance) In my opinion manipulation occurd to wipe Sellers. Gold eventually fell back around 250pips. GOld is currently floating above support level. I think gold will climb first test the last high again around 1945 And fall from here. But there is still a untouched area around 1953 were...
In my previous post i instructed to sell in 1936-1940 area. BEcause of of fresh supply zone and also divergen wich created. From here gold managed to as low as 1928! around 100pips from our entree. Although there was a bullish trend from 1900's i was confident enough to trade against the small bullish trend. In M30 and H1 it looks like gold is forming a head and...
In my previous post i mentioned the sell zone between 1935-1938. Best is to short here guys and hold longterm with targets 1930, 1921 and 1895(swing target) Patience is key. >>>>
Lets see were gold is at right know. During Asia gold managed to climb till 1934. I anticipated gold to move a little bit higher and then fall(Around 1935-1938). But gold managed to reject at 1934 because of a smaller supply zone at this level. A well it indicates our zone was good for selling. Hopefully you guys managed to grab some profit. It is posible during...
After we got trapped at the neckline off the head and shoulder pattern. Gold managed to climb further to 1930 Resistance area. GAve a good rejection. Currently gold is floating around that resistance area. In my opinion 1930 level will get broken today. It has already tested 5 times in the higer time frame. Mostlikely break will follow. The next interest point...