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...
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...
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...
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...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Medium-term two re-Sell orders on #2,745.80 (as in previous Buying orders, #2.0 and #3.0 Volumes on each order) with #2,600.80 as an optimal Target. Also, I will start Shorting Gold as Technically as evident on previous cycles, #2,790.80 should represent Ultimate Top zone for...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Medium-term two re-Sell orders on #2,745.80 (as in previous Buying orders, #2.0 and #3.0 Volumes on each order) with #2,600.80 as an optimal Target. Also, I will start Shorting Gold as Technically as evident on previous cycles, #2,790.80 should represent Ultimate Top zone for...
Fundamental analysis: The Price-action swings currently inside a #2,217.80 - #2,732.80 Neutral soft Rectangle on Hourly 4 chart and comprehensibly Bearish values across all Hourly and Minute charts. I am uninterested on the extra Risk involving Trading outside my breakout points as I am already on Selling order. It is interesting to see however that Daily chart...
Fundamental analysis: The Price-action swings currently inside a #2,217.80 - #2,732.80 Neutral soft Rectangle on Hourly 4 chart and comprehensibly Bearish values across all Hourly and Minute charts. I am uninterested on the extra Risk involving Trading outside my breakout points as I am already on Selling order. It is interesting to see however that Daily chart...
Technical analysis: Trading continues on very Low rate and Volatility on most levels is easing. Since #2,752.80 benchmark I mentioned many times on my remarks got invalidated and Gold is unable to stage recovery attempt above it, Bearish pattern on Hourly 4 chart reversed the Price-action towards #2,722.80 Support extension (Monthly Low's) and besides Sellung...
Technical analysis: Trading continues on very Low rate and Volatility on most levels is easing. Since #2,752.80 benchmark I mentioned many times on my remarks got invalidated and Gold is unable to stage recovery attempt above it, Bearish pattern on Hourly 4 chart reversed the Price-action towards #2,722.80 Support extension (Monthly Low's) and besides Sellung...
New meta: As it was evident recently on my commentaries, I have been engaging Medium-term Buying orders (#2.0 and #3.0 Volumes) #3 times in a row now and first two times it was sharp #100-point Profits. Previous two orders were engaged on #2,712.80 and since #2,790.80 was Fibonacci Ultimate Top's I have decided to close both of them there / delivering #78-point...
New meta: As it was evident recently on my commentaries, I have been engaging Medium-term Buying orders (#2.0 and #3.0 Volumes) #3 times in a row now and first two times it was sharp #100-point Profits. Previous two orders were engaged on #2,712.80 and since #2,790.80 was Fibonacci Ultimate Top's I have decided to close both of them there / delivering #78-point...
As discussed throughout my morning's commentary: "My position: I have closed my yesterday's session Buying order #2,772.80 and closed on #2,786.80 and re-Sold on #2,785.80 towards #2,774.80 which brought excellent #25-point Profit within the session. I will continue Buying #2,772.80 Low's for now and as my Profit is excellent, I will not assume more Selling...
As discussed throughout my morning's commentary: "My position: I have closed my yesterday's session Buying order #2,772.80 and closed on #2,786.80 and re-Sold on #2,785.80 towards #2,774.80 which brought excellent #25-point Profit within the session. I will continue Buying #2,772.80 Low's for now and as my Profit is excellent, I will not assume more Selling...
Technical and Fundamental analysis: My mid-week Target been met earlier than I expected as the DX, (Stocks remained High) and Bond Yields dipped. The Volatility is still High however but Gold is giving me decent accuracy patterns but with mixed Technical signals and may look to set a new Support zone first (my estimate #2,772.80) before hitting #2,800.80...
Technical and Fundamental analysis: My mid-week Target been met earlier than I expected as the DX, (Stocks remained High) and Bond Yields dipped. The Volatility is still High however but Gold is giving me decent accuracy patterns but with mixed Technical signals and may look to set a new Support zone first (my estimate #2,772.80) before hitting #2,800.80...
Technical analysis: Gold has formed one narrow and one wider Ascending Channel on the Hourly 4 and Daily chart. Since Price-action broke above the #2,772.80 first Resistance with force (and comfortably Trading above it), the Hourly 4 chart’s reversal crossed into a Bullish territory, and with DX easing Overbought levels near #5-Week High's (struggling to make...
Technical analysis: Gold has formed one narrow and one wider Ascending Channel on the Hourly 4 and Daily chart. Since Price-action broke above the #2,772.80 first Resistance with force (and comfortably Trading above it), the Hourly 4 chart’s reversal crossed into a Bullish territory, and with DX easing Overbought levels near #5-Week High's (struggling to make...