goldenBear88

goldenBear88

Gold was excellent Sell opportunity with great Risk/Reward ratio, and dipped as expected on the Lower levels. The recent downtrend on Stocks is approaching its October Support, as DX but mostly Bonds have recovered more than 70% of the December #3 sharp fall. See how Gold (I am always using Xau-Usd on my analysis) is basically consolidating around the MA200 on the...

goldenBear88

I have concluded my Selling (from #,1675 to #1,600.70) as my both Targets were met and I booked huge Profits on this Bearish leg. Gold was approaching the #1,605.70 psychological barrier on spot prices as I expected it to be realized before today on this Bearish leg. Despite the fact that DX is still on a Long term Channel Up and Supported on Daily Chart, Gold...

goldenBear88

I have concluded my Selling (from #,1675 to #1,600.70) as my both Targets were met and I booked huge Profits on this Bearish leg. Gold was approaching the #1,605.70 psychological barrier on spot prices as I expected it to be realized before today on this Bearish leg. Despite the fact that DX is still on a Long term Channel Up and Supported on Daily Chart, Gold...

goldenBear88

Target extension hit #1,630.70, as I mentioned during the week ahead of US Session is the - Hourly 4 Descending Channel Gap fill range. I have closed my first set of Sells with great Profits. With my downside Targets now almost completed, Friday's Gap is filled, Daily chart got the necessary Technical correction and everything points out to a Bearish continuation...

goldenBear88

Target extension hit #1,630.70, as I mentioned during the week ahead of US Session is the - Hourly 4 Descending Channel Gap fill range. I have closed my first set of Sells with great Profits. With my downside Targets now almost completed, Friday's Gap is filled, Daily chart got the necessary Technical correction and everything points out to a Bearish continuation...

goldenBear88

As expected, Gold is Trading on my predicted values within a Channel Down since the 5th March. This Channel Down has a clear Lower High zone Lower Low zone. This is where a long term trade Sells and Buys respectively (this is an usual sign of indecision). Now, since November 12th the price has put a temporary stop to the downtrend as it hasn't made a new Lower...

goldenBear88

As expected, Gold is Trading on my predicted values within a Channel Down since the 5th March. This Channel Down has a clear Lower High zone Lower Low zone. This is where a long term trade Sells and Buys respectively (this is an usual sign of indecision). Now, since November 12th the price has put a temporary stop to the downtrend as it hasn't made a new Lower...

goldenBear88

Aggressive volatility came as no surprise as pre-FED rate candles are arriving. I successfully preserved my account and since I am certain in my Selling outlook, I am patiently waiting for new opportunity to add another set of Sells. The price is back up on Daily levels and traders who engaged Buys again were tricked into their false beliefs since they didn’t...

goldenBear88

Aggressive volatility came as no surprise as pre-FED rate candles are arriving. I successfully preserved my account and since I am certain in my Selling outlook, I am patiently waiting for new opportunity to add another set of Sells. The price is back up on Daily levels and traders who engaged Buys again were tricked into their false beliefs since they didn’t...

goldenBear88

Once again Fundamentals distorted Technical proper trend (Bearish) with unexpected aggressive Gap on DX and Stocks which added huge Bullish pressure on Gold. With aggressive rise on E.U. opening on Friday, Gold has continued trading in a Wedge on Daily chart as Friday's #1,670.70 is a Higher High and #1,655.70 a Lower High. I am waiting for "middle" to be broken...

goldenBear88

Once again Fundamentals distorted Technical proper trend (Bearish) with unexpected aggressive Gap on DX and Stocks which added huge Bullish pressure on Gold. With aggressive rise on E.U. opening on Friday, Gold has continued trading in a Wedge on Daily chart as Friday's #1,670.70 is a Higher High and #1,655.70 a Lower High. I am waiting for "middle" to be broken...

goldenBear88

Gold was among the winners of the Fed's decision this week. Valuable ground's given and #1,600.70 looks unreachable for at least #2 sessions. Investors clearly show their interest to try riskier assets like equities and as long as Stocks continue to rise (Currently on Ascending Channel), Gold will keep losing ground (that is what I am waiting for). Daily chart...

goldenBear88

Gold was among the winners of the Fed's decision this week. Valuable ground's given and #1,600.70 looks unreachable for at least #2 sessions. Investors clearly show their interest to try riskier assets like equities and as long as Stocks continue to rise (Currently on Ascending Channel), Gold will keep losing ground (that is what I am waiting for). Daily chart...

goldenBear88

Another High on the emerging Hourly 4 Channel Up which was testing the #1,650.70 mark quickly entered the Overbought territory. It is more than obvious that Gold is spiked up by Fed Rate announcement and confirmed the Bullish aggressive Daily Gap fill. On the World’s political uncertainty as both correlating markets are moving on a much slower pace (yesterday's...

goldenBear88

Another High on the emerging Hourly 4 Channel Up which was testing the #1,650.70 mark quickly entered the Overbought territory. It is more than obvious that Gold is spiked up by Fed Rate announcement and confirmed the Bullish aggressive Daily Gap fill. On the World’s political uncertainty as both correlating markets are moving on a much slower pace (yesterday's...

goldenBear88

I closed my set of Buys I engaged this morning with extra-ordinary Profits! New High formed at #1,630.70 as Hourly 4 Channel Up continued rising after Fed rate report. This may suggest that the Channel Up requires small consolidation (few $ down) before it moves lower or a Higher High push further. In any case, last week's Weekly candle was so strong that it...

goldenBear88

I closed my set of Buys I engaged this morning with extra-ordinary Profits! New High formed at #1,630.70 as Hourly 4 Channel Up continued rising after Fed rate report. This may suggest that the Channel Up requires small consolidation (few $ down) before it moves lower or a Higher High push further. In any case, last week's Weekly candle was so strong that it...

goldenBear88

I have closed my Set of Sells with excellent Profit. Gold is so far holding the #1,580.70 Belt and Hourly 4 chart after pricing its Lower High, it is extending its Channel Up with #1,632.70 as the next Higher High Target. Despite another day of rebound on Stocks, Gold is less affected as it continues to be more tied to DX ( Gold # +0.28%, DX # -0.35%). Note how...