zone_to_zone

zone_to_zone

NFP today - I am expecting some crazy spike to push higher first then short all the way back down to fib level 100%. Let's sit back watch and if it hits the purple boxes then I will short. Stay Green!

zone_to_zone

Gold made some whipsaw moves today due to weak PMI data coming in at 47.8 vs the expected 50.4 so a move to save assets. Tomorrow we have US ADP Employment Change at 1:15 pm GMT. Let's find a direction tomorrow as we are at a major S/R level - $1485 Stay green!

zone_to_zone

Gold ended the week by completing the head and shoulders pattern, next week we look for a break or a continuation up. Simple as that. Light on the news next week but things kick off from Tuesday. www.metalsmine.com

zone_to_zone Updated 

Gold consolidation during the Tokyo session has set us up nicely for a short this morning. I will be going short and out before the US open, re-await direction and see if any opportunities arise from the fundamentals. Stay Green!

zone_to_zone

We broke the barrier, retested - can we see more upside today? Check the news, check the calendar and make your decision.

zone_to_zone

Gold looking to move and break structure - either to the upside break and retest $1528 to see some upside or break back down to support at $1510 area. Neutral for now - let's wait!

zone_to_zone

Slow day for GOLD - nothing from the market today to make moves, so gold will follow trendlines well. I am short but will get out very soon and start again tomorrow. Sorry for the messy chart but this shows what moved the market this week - still range bound.

zone_to_zone

Gold is currently consolidation sideways for the last few days, nothing has moved it apart from CAD Manufacturing Sales and investor sentiment. All eyes are on FOMC 7pm GMT. Personally I am short from 1504 area looking to still fill the gap from Monday but also bias on the direction gold will take post FOMC. Stops are set - Stay green.

zone_to_zone

End of the week and not a lot of movement from Gold. ECB yesterday caused a spike back up to the $1500 area before a sell of on china trade relation improvements. Today I see a small spike up. US news at 1:30 GMT may cause some movement and then NYC open. Will be looking at small scalp trades today. Stay Green!

zone_to_zone

As expected a touch of the trend line before more downside. I slightly moved the trend line up while watching price action before going short. Done for today - waiting on more news.

zone_to_zone

I think we could open higher within the limit before moving down to the purple box area ready to be bought at a better price. I will wait till the market opens to trade any gaps, apart from that I am not expecting much until ECB meeting on Thursday but will keep an eye on news from Brexit and trade wars in case it has an effect.

zone_to_zone

Looking for some long positions from the purple box, consolidation to the trendline, then more upside to correlate with the news events. If it breaks the trend line then short if not a fake signal. Short down to consolidation, place a big order long and then wait.

zone_to_zone

BIG downside on XAU today due to US numbers being better than expected and investors moving back into USD. Still, in a sideways consolidative move before more bigger upside, I believe. NFP tomorrow so I am currently in a pullback trade up to the $1525 area before re-assessing. Trade Safe!

zone_to_zone

Looking left we can see our consolidation phase today - a very hard area to overcome so we may see more of this before the next drive up... Once we pass the yellow line we are heading for all-time highs at the red. GOLD TO THE MOON!

zone_to_zone

The euro recorded a low today just below $1.1035 with more risk to the downside. I believe we still have the gap to fill (red lines) before we have any big bull moves which will coincide with some stimulus from the ECB. For me consolidation as has been until we fill that gap and only then would I look at longs. Sorry for the messy chart! :)

zone_to_zone

Messy Friday trading as I warned this morning, best not to trade - lots of big firms had a bad day today. Gold broke the trendline but didn't get further than $1517 an ounce before pushing back up and testing the trendline where we are currently sitting (21:12 GMT). I have gone short again here looking for TP down to the purple box around $1496 area - here I...

zone_to_zone

We are currently consolidating around the current trendline with pushes back up to old support turned resistance. We will either break back through resistance or right now I would say break the trendline for more downside. US GDP didn't effect Gold yesterday and today the trade tensions are neutral. I am short, but it is Friday - don't trade until Mon/Tue next...

zone_to_zone

Range bound sticking to trendlines, no major news 14:30GMT - Fake out push up before a big 150+ pip drop upon the US open 18:00GMT - Pushing up higher now, could hold around $1555 during the Tokyo session Thursday 13:00GMT - US GDP report will move Gold Overall bullish bias - nice long trade would be from $1500 Short term - scalping