Technical analysis: Monitoring the market closing throughout yesterday’s session, Hourly 1 chart’s mini Descending Channel was strongly invalidated as Price-action is now close to my projected #2,912.80 Higher High’s sequence (which represents also the Higher High’s observing from the above regarding Medium-term Neutral zone on Spot prices) and if the pattern...
Technical analysis: Monitoring the market closing throughout yesterday’s session, Hourly 1 chart’s mini Descending Channel was strongly invalidated as Price-action is now close to my projected #2,912.80 Higher High’s sequence (which represents also the Higher High’s observing from the above regarding Medium-term Neutral zone on Spot prices) and if the pattern...
As discussed throughout my yesterday's session commentary: "My position: #2,866.80 is the Price of now and it is not worth entering. Gold can still turn both ways however if #2,852.80 benchmark gets invalidated and DX continues the Bull run, I will Sell Gold on Spot and pursue #2,827.80 Support in extension. I will continue Buying Gold only if market closes above...
As discussed throughout my yesterday's session commentary: "My position: #2,866.80 is the Price of now and it is not worth entering. Gold can still turn both ways however if #2,852.80 benchmark gets invalidated and DX continues the Bull run, I will Sell Gold on Spot and pursue #2,827.80 Support in extension. I will continue Buying Gold only if market closes above...
As discussed throughout my yesterday's session commentary: "My position: Even though Gold was ready for small correction within #2,815.80 - #2,822.80 before rally continuation and more gains on Gold, Gold ignored such Technical development and invalidated my #2,831.80 Resistance zone where I Bought Gold and still hold my orders. #2,882.80 - #2,892.80 is my ideal...
As discussed throughout my yesterday's session commentary: "My position: Even though Gold was ready for small correction within #2,815.80 - #2,822.80 before rally continuation and more gains on Gold, Gold ignored such Technical development and invalidated my #2,831.80 Resistance zone where I Bought Gold and still hold my orders. #2,882.80 - #2,892.80 is my ideal...
Fundamental analysis: Gold continues to be utilized as a safe-haven as the Stocks and DX are suffering significant losses on geo-political uncertainties and Tariff's outcome. However as before, I am making use of the DX as my key indicators to suggest the underlying trend for Gold, which remains fully Bullish, as the DX made a solid Technical local Low today and...
Fundamental analysis: Gold continues to be utilized as a safe-haven as the Stocks and DX are suffering significant losses on geo-political uncertainties and Tariff's outcome. However as before, I am making use of the DX as my key indicators to suggest the underlying trend for Gold, which remains fully Bullish, as the DX made a solid Technical local Low today and...
As discussed throughout my yesterday's session commentary: "If #2,800.80 mark gets invalidated and market closes above, I add more Buying orders on mentioned levels aiming at #2,818.80 (slightly below #2,822.80 Resistance line). As expected, Buying accumulation I discussed throughout the session started and the Technical reason behind it was the Ascending Channel...
As discussed throughout my yesterday's session commentary: "If #2,800.80 mark gets invalidated and market closes above, I add more Buying orders on mentioned levels aiming at #2,818.80 (slightly below #2,822.80 Resistance line). As expected, Buying accumulation I discussed throughout the session started and the Technical reason behind it was the Ascending Channel...
Technical analysis: Even though DX (# +1.07%) is Trading on gains for #2-consecutive sessions (pricing in Higher High's extension), I in the same time have the Buying pressure visible on most charts regarding Gold, along of Trade wars soaring. Current configuration should last at least as High as #2,800.80 - #2,822.80 record High's (my personal Intra-day...
Technical analysis: Even though DX (# +1.07%) is Trading on gains for #2-consecutive sessions (pricing in Higher High's extension), I in the same time have the Buying pressure visible on most charts regarding Gold, along of Trade wars soaring. Current configuration should last at least as High as #2,800.80 - #2,822.80 record High's (my personal Intra-day...
As discussed throughout my Thursday's session commentary: Technical analysis / quick update: Productive session only for Scalpers as they are getting most of the returns out of current Price-action. Lagging upswing attempt on Hourly 4 chart got stalled near #2,782.80 Resistance zone (break-out point still not compromised), Gold made it to #2,742.80 almost (might...
As discussed throughout my Thursday's session commentary: Technical analysis / quick update: Productive session only for Scalpers as they are getting most of the returns out of current Price-action. Lagging upswing attempt on Hourly 4 chart got stalled near #2,782.80 Resistance zone (break-out point still not compromised), Gold made it to #2,742.80 almost (might...
As discussed throughout my yesterday's session commentary: "My position: I have expected a correction but personally not too extended below #2,752.80 benchmark throughout yesterday's session as I missed my chance to Sell Gold. However I have Bought Gold with #2,732.80 entry point, and added another Buying order on #2,742.80. On first order I have Stop on breakeven...
As discussed throughout my yesterday's session commentary: "My position: I have expected a correction but personally not too extended below #2,752.80 benchmark throughout yesterday's session as I missed my chance to Sell Gold. However I have Bought Gold with #2,732.80 entry point, and added another Buying order on #2,742.80. On first order I have Stop on breakeven...
As discussed throughout my yesterday's session commentary: "Technical analysis / quick update: Productive session only for Scalpers as they are getting most of the returns out of current Price-action. Lagging upswing attempt on Hourly 4 chart got stalled near #2,782.80 Resistance zone (break-out point still not compromised), Gold made it to #2,742.80 almost (might...
As discussed throughout my yesterday's session commentary: "Technical analysis / quick update: Productive session only for Scalpers as they are getting most of the returns out of current Price-action. Lagging upswing attempt on Hourly 4 chart got stalled near #2,782.80 Resistance zone (break-out point still not compromised), Gold made it to #2,742.80 almost (might...