Always good to measure against the DXY not just the USD value Not perfect of course as it is mainly the Euro and Yen but still insightful. Been watching the relationship for a while currently breaking out to the upside HVF theory means this should be a violent expansion Target 1 coming up.
COMEX:GC1! "Believe me, the reward is not so gr8 without the struggle." -Wilma Rudolph Good Afternoon HOUSE, I hope we all are in gr8 spirits ready to start the week... As we all know Price has been Bullish on GOLD....Breaking NEW RECORD HIGH'S... Now that the Market has left us a beautiful 30/15m Supply Zone can we SHORT this level and push the market...
if Sustain above 2398 then 2408 then 2412 then 2424 then 2435 to 2435 strong level then 2445 to 2447 above this more bullish then 2472 then 2482 if Sustain Below 2389 then 2378 below this bearish then 2370 to 2366 or 2361 then 2354 then 2343 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or...
if Sustain above 2389 then 2395 to 2399 or 2401 above this more bullish then 2412 then 2417 to 2418 then 2424 if Sustain Below 2389 then 2381 then 2378 to 2376 then 2366 below this bearish then 2354 then 2348 to 2343 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer...
if Sustain above 2413 then 2418 to 2422 then 2428 to 2432 then 2437 then 2442 above this bullish if Sustain Below 2395 then 2390 then 2384 to 2381 below this bearish then 2376 to 2373 then 2367 to 2364 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a...
Levels recorded at 6:50 PM IST if Sustain above 2350 then 2365 then 2374 above this bullish, then 2397 to 2399 then 2417 to 2423 or 2429 and last stop would 2447 above this more bullish then if Sustain Below 2350 then 2333 to 2324 below this bearish then 2302 to 2300 then 2278 below this more bearish Consider some buffer points in above levels. Please do...
-Spot gold XAU= edged up 0.1% at $2,383.37 per ounce, as of 0103 GMT. Bullion hit an all-time high of 2,431.29 on Friday. -Israelis awaited word on how Prime Minister Benjamin Netanyahu would respond to Iran's first-ever direct attack on their country, as international pressure for restraint grew amid fears of an escalation of conflict in the Middle East.
Spot gold was up 0.3% at $2,350.59 per ounce, as of 0056 GMT. Bullion hit an all-time high of 2,431.29 on Friday. - U.S. gold futures fell 0.3% to $2,366.40 per ounce. - The first direct attack on Israel by arch foe Iran has shaken Israelis and left them fearful that a bigger war is looming. - Recent U.S. economic data on the labor market and inflation have...
In the trading market, being anxious cannot solve the problem. But be prepared for a long time, don't rush for success, and don't be afraid of being a late bloomer. Take your time and master the process, don’t rush the results. Whether it is the trading market or other industries, it all requires a process, and it requires step by step and continuous...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the iv-purple wave may have concluded, and the v-purple wave may be ready to push higher. In the short term, the outlook indicates that the iv-purple wave unfolded as a Flat correction and has ended. The v-purple wave may now be unfolding to push higher. In the short...
- Quite a run on gold - Left a lot of inefficiencies behind 2 potential targets annotated on the chart Gold can take its sweet time to accumulate shorts This week will be interesting, potentially choppy
Daily reversal candle after a breakdown on a daily chart. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
an understanding of my trading style, trading of reactions with more reactions
the gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly. it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment. according to tv alerts, forex...
if Sustain above 2339.1 to 2341.6 then 2346.2 then 2350.9 to 2357.7 strong level then 2362.4 to 2369.2 above this bullish if Sustain Below 2328.1 then 2324.1 to 2323.2 then 2316.4 below this bearish then around 2300.2 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI...
Precious Metals have softened recently after continued liquidation, stop-loss selling, and de-grossing pushed Gold futures down to a value zone of $2300/oz on the June futures contract. Since then, bargain hunters have stepped in, driving futures $30 off their lows. The potential for a strong recovery in gold is on the horizon, especially if miners strengthen and...
Been a while, Ill be getting back i the mix, didnt see a set up yesterday I liked for Technical Tuesday, heres what I like today.