goldenBear88

goldenBear88

Technical analysis: Price-action came even closer to my projected #2,642.80 - #2,652.80 Resistance fractal. As expected on the other side the #2,612.80 - #2,618.80 structure acted effectively as an Support zone as it was placed near the last MA period (guarding the downtrend) on Hourly 1 chart. Daily chart is again marginally Bearish on its vast majority, only...

goldenBear88

Technical analysis: Price-action came even closer to my projected #2,642.80 - #2,652.80 Resistance fractal. As expected on the other side the #2,612.80 - #2,618.80 structure acted effectively as an Support zone as it was placed near the last MA period (guarding the downtrend) on Hourly 1 chart. Daily chart is again marginally Bearish on its vast majority, only...

goldenBear88

As discussed throughout yesterday's session: "My position: I have engaged Selling order with #2,595.80 entry point with #2,562.80 as my optimal Target. My Stop is already on #3-points on breakeven as #2,600.80 benchmark break-out restores Short-term Buying trend. However rejection here may reverse the trend and re-test #2,552.80 benchmark. This is roadmap for the...

goldenBear88

As discussed throughout yesterday's session: "My position: I have engaged Selling order with #2,595.80 entry point with #2,562.80 as my optimal Target. My Stop is already on #3-points on breakeven as #2,600.80 benchmark break-out restores Short-term Buying trend. However rejection here may reverse the trend and re-test #2,552.80 benchmark. This is roadmap for the...

goldenBear88

Technical analysis: Price-action has achieved a temporary equilibrium on Hourly 4 chart, between #2,552.80 and #2,600.80 (roughly Gold was in Oversold waters on smaller charts) as it still de-balances the Technically Bearish dynamics of Short-term and the Bullish (at least for DX but certainly not Gold) Fundamental "fear factor" and Inflation numbers. By my...

goldenBear88

Technical analysis: Price-action has achieved a temporary equilibrium on Hourly 4 chart, between #2,552.80 and #2,600.80 (roughly Gold was in Oversold waters on smaller charts) as it still de-balances the Technically Bearish dynamics of Short-term and the Bullish (at least for DX but certainly not Gold) Fundamental "fear factor" and Inflation numbers. By my...

goldenBear88

Technical analysis: Price-action is now circling the #2,552.80 benchmark but not gaining more Bullish momentum as Buyers expected, as it seems that DX found the Support fractal. I can't speculate how far or downwards Price-action can go fuelled by new market dynamics, only follow it Technically. And Technically on huge declines, moving the Stop-loss in Profits...

goldenBear88

Technical analysis: Price-action is now circling the #2,552.80 benchmark but not gaining more Bullish momentum as Buyers expected, as it seems that DX found the Support fractal. I can't speculate how far or downwards Price-action can go fuelled by new market dynamics, only follow it Technically. And Technically on huge declines, moving the Stop-loss in Profits...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I currently hold no new orders as I plan to re-Sell Gold ahead of CPI which is on calendar throughout the session. As long as DX is on aggressive relief rally there will be no serious uptrend on Gold as I will Sell every High's which Gold delivers. I do expect CPI to rise which will spike up...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I currently hold no new orders as I plan to re-Sell Gold ahead of CPI which is on calendar throughout the session. As long as DX is on aggressive relief rally there will be no serious uptrend on Gold as I will Sell every High's which Gold delivers. I do expect CPI to rise which will spike up...

goldenBear88

My position: Gold is delivering excellent Selling opportunities as I am expecting even more pain for Buyers on Gold. All this is closely attached to DX on aggressive relief rally which is delivering heavy Selling pressure on Gold. Due Daily chart's #MA50 break-out and market closing below, I am expecting #2,552.80 benchmark before stagnation zone (as discussed...

goldenBear88

My position: Gold is delivering excellent Selling opportunities as I am expecting even more pain for Buyers on Gold. All this is closely attached to DX on aggressive relief rally which is delivering heavy Selling pressure on Gold. Due Daily chart's #MA50 break-out and market closing below, I am expecting #2,552.80 benchmark before stagnation zone (as discussed...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I have made quick buck few moments ago and will keep operating with Selling order within my well know range. I do not expect any Bullish Short-term reversals as Trade remains "Sell every High's" which Gold delivers. I do expect Gold to continue Trading under Selling pressure and eventual...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I have made quick buck few moments ago and will keep operating with Selling order within my well know range. I do not expect any Bullish Short-term reversals as Trade remains "Sell every High's" which Gold delivers. I do expect Gold to continue Trading under Selling pressure and eventual...

goldenBear88

As discussed throughout my Friday's session commentary: "My position: As I expected Fed easing the Rate and which may hurt the DX even more, I have awaited the Fed Rate announcement aftermath and engaged re-Sell order with #2,708.80 since I was aware that Gold will not deliver a move once again above #2,727.80 Medium-term Resistance zone. My order is currently...

goldenBear88

As discussed throughout my Friday's session commentary: "My position: As I expected Fed easing the Rate and which may hurt the DX even more, I have awaited the Fed Rate announcement aftermath and engaged re-Sell order with #2,708.80 since I was aware that Gold will not deliver a move once again above #2,727.80 Medium-term Resistance zone. My order is currently...

goldenBear88

Fundamental analysis: Within turbulence caused by the U.S. presidential election and Head and Shoulders pattern aftermath, Gold finally broke through the Channel formed since the beginning of August. This does not change the Long-term Bull outlook for now, but the correction now is promising to be greater than the last couple of times. The Bottom line of the next...

goldenBear88

Fundamental analysis: Within turbulence caused by the U.S. presidential election and Head and Shoulders pattern aftermath, Gold finally broke through the Channel formed since the beginning of August. This does not change the Long-term Bull outlook for now, but the correction now is promising to be greater than the last couple of times. The Bottom line of the next...