TheZabisyu

GOLD / Close Above 1300

Long
TheZabisyu Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Today on opening Gold should move up without breaking 1290, one can buy right at opening!
And close should be above 1300 if we can break 1299.
Other than that of course Aim for 1322 as the first target, then 1348.

Don't forget 1277 is a target as well, but I believe we will go for it after a month or so somewhere from Highs.
GL.

All trades and setup can be seen on 2-100k live trading account.
Comment:
I will wait out the break of 93. This can be tricky still!
Comment:
I will stay out from buy for now! The trick can be the failure to break 93.
I want to make sure Gold is not willing to have that 77 all of a sudden!
Comment:
I double checked. Sorry. 1277 is not valid! There were other type levels in between 1282 - 1277 and 1287 - 1282. So it is not right to say that it has to reach 1277, it is not a target by pivot signals nor breakout! Striped out from the book!
Comment:
The day has ended with a BE.
Comment:
1290 has not been broken by 1$ yet, so it is a bull.
Anyway Like stated Aim 1322, then 1337 and 1348 of course.
Surely enough not this week, but we are getting there.
Next important thing is to see how it crosses the 1300 level.
If there will be pivot test back that indicates a possible move to 1378 not only 1348. If there is no test back then I am getting out at 1348 fully.
Comment:
All data the same, no change. Other than that 1290 area up to 1292 become more stronger! Which is good for bull as it can fly up right after opening, but is tricky as well, because as stronger the zone the stronger the breakout downside!
Good Luck.
Comment:
I think 1290 will be broken, 1287 reached + 1281 and maybe even 77 before any more up!
Rejection of 1293 is clear for now.
Since it opened a gate to 1277 up moves are slow and exhausted, like it is not willing to go.
I said that by breakout category 1277 is invalid, but if we remove 1284 for a second it can reach 77.
My week is over I will look for opportunities next week to load up for buys above 1300 or at 77 which I keep in mind!
Good Luck and have a great weekend!
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