Ballerlim

Ballerlim

After FED and Core CPI this week, this is my analysis on Gold.

Ballerlim

Gold, I'm looking at short term sell. I honestly cannot tell the big picture yet. It looks like a bit side way for gold.

Ballerlim

All my TP's were hit!!!!! What an analysis!!! I looked at gold from the bottom and it's got up to TP1 then retraced a bit (honestly I didn't think TP2 will hit) then FED made it to the TP2.

Ballerlim

Gold has reached selling goal TP1 and TP2. Hitting main support zone. Focusing price to buy short term.

Ballerlim

Gold came up to retest the resistance at entry :( My heart was pounding! Anyway, let's start over on focusing on selling Gold!

Ballerlim

H4 TF Hit mid bb200 and reject down to finish downward trend. TP at bottom bb200 H4

Ballerlim

Daily TF: Gold didn't make lower low -> still on the bullish trend H4 TF: at the bottom bollinger band 200. time to rebound at least to test 61.8% Fib H1 TF: way lower than bottom bollinger band 200 -> not valid so much Focus on H4 TF for buy!!!

Ballerlim

After CIP news, EURUSD bought to resistance and retested again. Rejected from mid BB200 H1. Selling to next support.

Ballerlim

Gold got rejected from mid bollinger band 200 and will sell to bottom bollinger band 200 on H1 timeframe.

Ballerlim

Price at the top of bb 200. Looking like turning around but there is resistance line before selling. Expecting to breakout then retest. Get in Sell after retest!