alanchin

alanchin

Buying orders opened at the supporting area 1955-1960 will be closed at the target: 1977.3-1980. No bullish chasing at the resistance area near 1980!

alanchin

As I mentioned yesterday, retracement back to original position will be happened after 5 moves in short-term pattern. Bearish move from 2000 finished 5 moves down to 1931, and will retrace back to 1975-1980 in short-term. New pattern starting from around 1979 will be evaluated. No bullish chasing when gold reaches resistance area 1975-1980 today! * Supporting:...

alanchin

Buying orders opened at 1951, 1955 will be closed at resistance area 1975-1980.

alanchin

1965 is critical today. In most short-term cases, gold will return to its original position after 5 moves. If 1965 breaks through, 4H resistance position 1979 will be the next target. New pattern has to be evaluated if gold reaches 1980. * 1st resistance: 1965. 2nd resistance: 1979. * Bull & bear boundary: 1980.

alanchin

After few days shaking, gold continues the bearish move towards the mid-term target:1900-1906. * 1st resistance: 1940. 2nd resistance: 1950. * Bearish target: 1926, 1900-1906. * Bull & bear boundary: 1975.

alanchin

So far on 4H pattern, gold is not that weak enough to reach the mid-term bearish target 1905 because 4th bearish move only reached 1936. * 1st resistance: 1954. 2nd resistance: 1960-1965 * 1st bearish target: 1930. Mid-term bearish target: 1895-1905. * Bull & bear boundary: 1975.

alanchin

Berish moves will continue its 4th move if 1950 breaks without touching 1990. In this case, 1930, 1895-1905 is the target of bearish move. * key position: 1950-1955. * 1st resistance: 1980. 2nd resistance: 1985.

alanchin

After 3 berish moves finished, gold will return back to 4H resistance position which is around 1990. * 1st support: 1970. 2nd support: 1955. * 1st resistance: 1990-1995. 2nd resistance: 2000. * Bull & bear boundary: 1990-1995.

alanchin

Clear bearish pattern shows on 5-30 minutes and 1H except 4H. 4H bearish trend moves from 2000. This position will be the starting of long-term bearish trend if it could hold without being broken through in the following days. * 1st support: 1975. 2nd support: 1960. * 1st resistance: 1990. 2nd resistance: 1995. * Bull & bear boundary: 2000.

alanchin

Perfect gold bullish pattern review: 1810-2069. Critical bullish support 2000 broken. Our long-term bullish buying orders entered at 1810, 1970 closed at 2069, 1999 and 1989 seperately. Patterns of 5-30 minutes and 1H are bearish, except 4H. Critical resistance: 2000. * 1st support: 1980. 2nd support: 1960. * 1st resistance: 2000. * Bull & bear boundary: 2005-2010.

alanchin

4H supporting 2000 is still holding tightly. It's critical for short-term starting of bullish. We are still holding small amount of short-term buying orders of 2001.6 with SL at 1999, and long-term buying orders of 1971, 1810 with SL at 1989. Critical resistance is 2025. If breaks through, 2030 is expected. Normally, gold may not have big move in early weekdays.

alanchin

* 1st support: 2000-2005. * 1st resistance: 2020-2025 * Bull & bear boundary: 1990-1995.

alanchin

As I've mentioned early today, we've closed our selling orders of 2018 at 2001.5. Buying orders opened at 2001.6, and closed most of the buying orders at 2020. Keeping only small amount of buying orders with SL at 1999. Since today is weekend, gold may not go high. So we closed most of our buying orders. * 1st support: 2000. * 1st resistance: 2020-2025 * Bull &...

alanchin

4H support 2000. As I've mentioned before, 4H bullish pattern may not move it's 5 pionts in short-term, unless retrace back to 4H support again. * 1st support: 2000. * 1st resistance: 2020-2025 * Bull & bear boundary: 1990-1995.

alanchin

4H support has moved up to 2002 and filled the gap of NFP day which is 1995-2001. Gold need to retrace for a concrete support befor bullish up again. As for long-term trend (day & week) pattern, bullish move is almost to the end. It's better to close the short-term buying orders with $24-$44 profit each time. * 1st support: 2015. 2nd support: 2001. * Bull &...

alanchin

Gold is going to break out 2015-2035. * 1st resistance: 2035. * 1st support: 2015-2017. 2nd support: 2000. * Bull & bear boundary: 1990.

alanchin

Critical support 2020 broken on NFP day. A gap between 1995-2000 shows that the retracement down has not finished yet. Long-term bullish support around 1990 is important for the last bullish move. * 1st resistance: 2025-2030. 2nd resistance: 2035-2040. * 1st support: 1995. 2nd support: 1990. * Bull & bear boundary: 1985-1990.

alanchin

As I've mentioned yesterday, long-term bullish moved 5 high points, but 4H only 2. Critical points on NFP day will be 2020 and 2060. Short-term pattern (5&15 minutes) so far show a bearish move targeting 2030 & 2020. Cricital support is 2020. No bullish chasing if gold moves to 2060-2070 because it's already 3 days with green candlestick. * 1st resistance: 2060. ...