goldenBear88

goldenBear88

Technical analysis: Mixed signals regarding the Intra-day direction on Gold where Price-action entered Neutral belt of #2,700.80 - #2,727.80 on Daily chart where the sequence leans more to the Bullish side, while Weekly (#1W) and Monthly charts remains critically Bearish. Last week's Bullish motion / attempts was rejected near #2,722.80 - #2,727.80 Resistance...

goldenBear88

Technical analysis: Mixed signals regarding the Intra-day direction on Gold where Price-action entered Neutral belt of #2,700.80 - #2,727.80 on Daily chart where the sequence leans more to the Bullish side, while Weekly (#1W) and Monthly charts remains critically Bearish. Last week's Bullish motion / attempts was rejected near #2,722.80 - #2,727.80 Resistance...

goldenBear88

Technical analysis: I spotted increasing Resistance level seen Trading at #2,722.80 - #2,727.80 configuration and as Doji Star Bearish reversal candle was delivered, it is possible to extend the Selling sequence below #2,700.89 psychological benchmark as Buying pressure is easing as Fundamentals are not affecting Gold market as is was the case on few previous...

goldenBear88

Technical analysis: I spotted increasing Resistance level seen Trading at #2,722.80 - #2,727.80 configuration and as Doji Star Bearish reversal candle was delivered, it is possible to extend the Selling sequence below #2,700.89 psychological benchmark as Buying pressure is easing as Fundamentals are not affecting Gold market as is was the case on few previous...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: As I announced that Gold is Buying every dip lately, I have engaged Buying order with #2,665.80 entry point throughout yesterday's session and closed it on #2,683.80 few moments ago. I will continue Buying Gold only if #2,692.80 final Resistance gets invalidated and market closes above it....

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: As I announced that Gold is Buying every dip lately, I have engaged Buying order with #2,665.80 entry point throughout yesterday's session and closed it on #2,683.80 few moments ago. I will continue Buying Gold only if #2,692.80 final Resistance gets invalidated and market closes above it....

goldenBear88

Technical analysis: As expected Ascending Triangle on Gold got invalidated to the upside and touched local High’s, which should practice enormous Buying pressure on Gold which I am announcing and pointing on for more than #7-session horizon. No changes on the Daily perspective as the Price-action remains ranged above the Hourly 4 chart’s #2,662.80 first Support...

goldenBear88

Technical analysis: As expected Ascending Triangle on Gold got invalidated to the upside and touched local High’s, which should practice enormous Buying pressure on Gold which I am announcing and pointing on for more than #7-session horizon. No changes on the Daily perspective as the Price-action remains ranged above the Hourly 4 chart’s #2,662.80 first Support...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order on #2,680.80 / optimal Target remains #2,662.80 Support in extension. If #2,676.80 gets invalidated, development alone will add credence to Sellers." I have closed my re-Sell order (#2,680.80 - #2,657.80) on a fine #23-point run extending my results range to...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order on #2,680.80 / optimal Target remains #2,662.80 Support in extension. If #2,676.80 gets invalidated, development alone will add credence to Sellers." I have closed my re-Sell order (#2,680.80 - #2,657.80) on a fine #23-point run extending my results range to...

goldenBear88

Technical analysis / quick update: Ranged Price-action came as no Technical surprise as Price-action remains in Rectangle on a combination of Fundamental pressure and Technical necessity for a Higher High’s Lower zone extension. It is closely related to currency Volatility on DX (and the economy related Fed’s hawkish stance) as the Price-action in near...

goldenBear88

Technical analysis / quick update: Ranged Price-action came as no Technical surprise as Price-action remains in Rectangle on a combination of Fundamental pressure and Technical necessity for a Higher High’s Lower zone extension. It is closely related to currency Volatility on DX (and the economy related Fed’s hawkish stance) as the Price-action in near...

goldenBear88

As discussed throughout my morning's session commentary: "My position: Regardless of the Bull trend, I do believe that correction is due and #2,652.80 benchmark test is once again my Short-term Target. As stated above, NFP numbers will reveal where Price-action is headed next as I do expect upside surprise on NFP however not so strong / I will Trade the news. I do...

goldenBear88

As discussed throughout my morning's session commentary: "My position: Regardless of the Bull trend, I do believe that correction is due and #2,652.80 benchmark test is once again my Short-term Target. As stated above, NFP numbers will reveal where Price-action is headed next as I do expect upside surprise on NFP however not so strong / I will Trade the news. I do...

goldenBear88

As discussed throughout my yesterday's session commentary: "Technical analysis: #2,665.80 - #2,672.80 represents new / old Resistance and by my calculation chances for breaking it again without new news are Technically really impossible (too far fetched and without catalyst to take the Price-action towards those / current High’s). Investor’s strategy was clear...

goldenBear88

As discussed throughout my yesterday's session commentary: "Technical analysis: #2,665.80 - #2,672.80 represents new / old Resistance and by my calculation chances for breaking it again without new news are Technically really impossible (too far fetched and without catalyst to take the Price-action towards those / current High’s). Investor’s strategy was clear...

goldenBear88

Fundamental analysis: Yesterday’s session huge green Hourly 4 chart's candlestick pattern was an indication of increased tension and war / conflict escalation negativity as geopolitical tensions arise which invalidated Sellers intent and comforted Short and Medium-term Gold’s Buyers early on. Gold was once again on High demand as Investors used the metal as an...

goldenBear88

Fundamental analysis: Yesterday’s session huge green Hourly 4 chart's candlestick pattern was an indication of increased tension and war / conflict escalation negativity as geopolitical tensions arise which invalidated Sellers intent and comforted Short and Medium-term Gold’s Buyers early on. Gold was once again on High demand as Investors used the metal as an...