Hi Guys,
In today analysis we have multiple levels of demand and supply. Some new and some already tested. Couple hours ago market touched 2036 supply level and it was followed by huge move down, currently being at 2022. So price could test same 2036 level for second time should go up and if move up continues above 2040, 2048 would be a level which I look to short.
Below We have 2016-2012 demand level which can hold the move down and give us some good profits, and if that is broken also other levels exist below.
Later today we have a major news for USD which impacts gold to great extent make sure you watch for it.
Be honorable
In today analysis we have multiple levels of demand and supply. Some new and some already tested. Couple hours ago market touched 2036 supply level and it was followed by huge move down, currently being at 2022. So price could test same 2036 level for second time should go up and if move up continues above 2040, 2048 would be a level which I look to short.
Below We have 2016-2012 demand level which can hold the move down and give us some good profits, and if that is broken also other levels exist below.
Later today we have a major news for USD which impacts gold to great extent make sure you watch for it.
Be honorable
Comment:
market is ranging
Comment:
Gold is trying 2036 level once more
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went down from 33. is moving back up again
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is ranging below 33
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Reaction to the supply level
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is down 20 pips since reaction
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15 min to news
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we are breaking through green box supply zone
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reacted again to the supply zone 100 pips in profit
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Moved back up again below supply zone
Comment:
Can't get through supply zone
Comment:
perfect reaction to 2016
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60 pips profit
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16 - 26 = 80 pips profit enjoy guys
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next zone 1997-1996
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50 pips from 2003 enjoy guys
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90 pips profit
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2003- 2014 110 pips profit so far
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second reaction to the 2003 level
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as I said 3 hr ago, " Next zone 97-96" price reacted to. 95 entry
Comment:
60 pips profit from 95 level, save profit and risk free the position
Comment:
Reached 2004 90 pips profit. congratulation
Comment:
another reaction to 96 level
