goldenBear88

goldenBear88

Fundamental analysis: The DX did approach the #104.500 Resistance zone (as I mentioned probability of Medium-term recovery ahead on DX few Months ago) but Gold remained more or less stationary on Hourly 4 chart, highlighting the strong Selling pressure it is under and evident Head and Shoulders pattern in full motion. Besides strong Selling Intra-day impulse,...

goldenBear88

Fundamental analysis: The DX did approach the #104.500 Resistance zone (as I mentioned probability of Medium-term recovery ahead on DX few Months ago) but Gold remained more or less stationary on Hourly 4 chart, highlighting the strong Selling pressure it is under and evident Head and Shoulders pattern in full motion. Besides strong Selling Intra-day impulse,...

goldenBear88

Technical analysis: Gold shows surprising persistence after breaking the #2,727.80 - #2,732.80 former Resistance now turned to Support zone (Daily and Weekly close above the fractal necessary for Buying extension). A correction move was likely as I mentioned throughout my yesterday's remarks, however Gold was able to deliver the relief rally despite the DX...

goldenBear88

Technical analysis: Gold shows surprising persistence after breaking the #2,727.80 - #2,732.80 former Resistance now turned to Support zone (Daily and Weekly close above the fractal necessary for Buying extension). A correction move was likely as I mentioned throughout my yesterday's remarks, however Gold was able to deliver the relief rally despite the DX...

goldenBear88

Technical analysis: Following today’s session spread divergence on Gold’s Spot-prices (Xau-Usd Spot) and Gold Futures are attempting a balance and they are pretty close at the moment which indicates that Gold should be Trading according the Fundamental rules. My focus is on Spot-prices as always which were Trading on Selling pressure throughout the E.U. session...

goldenBear88

Technical analysis: Following today’s session spread divergence on Gold’s Spot-prices (Xau-Usd Spot) and Gold Futures are attempting a balance and they are pretty close at the moment which indicates that Gold should be Trading according the Fundamental rules. My focus is on Spot-prices as always which were Trading on Selling pressure throughout the E.U. session...

goldenBear88

Technical analysis: As I announced possible relief rally extension on Gold, Price-action has recovered almost all of yesterday's session losses on the E.U. session opening as Gold was taking big Daily chart's candle hit. However the rise is still not proportional as DX and global futures are still on Higher levels. This leads me to believe that on the Short-term,...

goldenBear88

Technical analysis: As I announced possible relief rally extension on Gold, Price-action has recovered almost all of yesterday's session losses on the E.U. session opening as Gold was taking big Daily chart's candle hit. However the rise is still not proportional as DX and global futures are still on Higher levels. This leads me to believe that on the Short-term,...

goldenBear88

As discussed on my recent remarks: "As discussed and explained many times on my previous remarks: "New meta explained once again: I have made a test with my own Trading account and my Trading group (bigger margin accounts) and Bought Gold within #2,570.80 - #2,580.80 with Lower Volume orders (#3.0 and #4.0's) and kept both orders until #2,680's which delivered...

goldenBear88

As discussed on my recent remarks: "As discussed and explained many times on my previous remarks: "New meta explained once again: I have made a test with my own Trading account and my Trading group (bigger margin accounts) and Bought Gold within #2,570.80 - #2,580.80 with Lower Volume orders (#3.0 and #4.0's) and kept both orders until #2,680's which delivered...

goldenBear88

Technical analysis: Gold bounced back well enough on the #2,682.80 - #2,686.80 strong Resistance level (which is posing aswell as Daily chart’s Resistance zone as well) however Price-action got rejected and filled aggressively #2,662.80 Support extension. On the Hourly 4 chart, Gold is using the #2,652.80 mark as a Support also (see how it makes local Low’s on...

goldenBear88

Technical analysis: Gold bounced back well enough on the #2,682.80 - #2,686.80 strong Resistance level (which is posing aswell as Daily chart’s Resistance zone as well) however Price-action got rejected and filled aggressively #2,662.80 Support extension. On the Hourly 4 chart, Gold is using the #2,652.80 mark as a Support also (see how it makes local Low’s on...

goldenBear88

As discussed and explained many times on my previous remarks: "New meta explained once again: I have made a test with my own Trading account and my Trading group (bigger margin accounts) and Bought Gold within #2,570.80 - #2,580.80 with Lower Volume orders (#3.0 and #4.0's) and kept both orders until #2,680's which delivered spectacular Profit on each order....

goldenBear88

As discussed and explained many times on my previous remarks: "New meta explained once again: I have made a test with my own Trading account and my Trading group (bigger margin accounts) and Bought Gold within #2,570.80 - #2,580.80 with Lower Volume orders (#3.0 and #4.0's) and kept both orders until #2,680's which delivered spectacular Profit on each order....

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I have engaged re-Sell order with #2,665.80 entry point with #2,627.80 as an optimal Target / my Stop is already moved to breakeven." I have closed my Selling order (#2,665.80 - #2,645.80) on a fine #20-point run extending my results range to #83 Profits and #18 Stop-loss hits regarding...

goldenBear88

As discussed throughout my yesterday's session commentary: "My position: I have engaged re-Sell order with #2,665.80 entry point with #2,627.80 as an optimal Target / my Stop is already moved to breakeven." I have closed my Selling order (#2,665.80 - #2,645.80) on a fine #20-point run extending my results range to #83 Profits and #18 Stop-loss hits regarding...

goldenBear88

As discussed throughout my Friday's session commentary: "My position: Even though my CPI forecast was spot on, DX somehow started losing on such numbers and naturally pushed Gold Higher towards my Stop-loss as I didn't managed to close my order on #2,604.80 instant downwards spike. After Stop suffered I managed to return some back with re-Selling Gold from...

goldenBear88

As discussed throughout my Friday's session commentary: "My position: Even though my CPI forecast was spot on, DX somehow started losing on such numbers and naturally pushed Gold Higher towards my Stop-loss as I didn't managed to close my order on #2,604.80 instant downwards spike. After Stop suffered I managed to return some back with re-Selling Gold from...