We expect Gold to be bullish to 1830 area. Please note that any pressure below 1780 might cancel the current structure of recovery.
This is to show an indicator for between assets. A value of one means perfect correlation and a value of negative one means perfect negative correlation.
This post is in Malay language. A quick review on FBMKLCI and TECH Sector in Bursa Malaysia.
Retail market is heading for a correction.
This idea does not constitutes a buy call or an act to induce others to buy or sell this stocks.
This analysis is published not to induce others to buy or sell this shares.
Gold failed to close on neither resistance despite had a spike yesterday. At this rate, the most plausible direction is for gold to retest support 1 before the bear decides whether support 1 worth the rebound or they will let it bleed deeper. A short position initiated below 1500 should have a CL on 1503 and a target price of support 1. Do caution the most...
XAU/USD, gold spot to USD (CFD) Key resistance level is 1500. A breach of this level may invites bull towards 1515 and 1527. At current price 1495, it's possible the breakout from channel is fake and hence may invites bear towards 1460 levels if it broke previous support of 1484. Bull rebound only confirm if it passes 1497/1500 and close above this key...
Whoever have shorted gold earlier on my previous trading plan, we should now be aiming at 1518, before taking down 1500. This case is true if 4 hour candlestick closes below 1534. A close higher than 1534 is a call on trailing stop or lock profit as a potential bullish gold rebound might occur afterwards. If this case didn't happen, then let your profit ride.
Despite the weaker than expected NFP, gold (XAU/USD) fails to close above 1520 which suggests bear strength is strong. If gold still fails to close above 1520, then we might expect to see gold to retest below 1500 area soon. A break of this level (close below 1500) might invites further bear towards 1480 levels. Towards the upside, we need to see the momentum of...
Short strategy: Sell @ 1543, CL 1545 TP 1533/1529 Long strategy: Buy @ 1546, CL 1542 TP 1550/1555 Goodluck mates.
INARI akan rebound ke rintangan 1.62 kerana tanda-tanda accumulation telah pun wujud. Sekiranya 1.62 pecah, INARI akan menguji 1.77. Anggapan ini terbatal sekiranya sokongan 1.43 pecah.