Demalmo

Demalmo Updated 

Open order: 2027.58 Take profit: 2047.58 Stoploss: 2017.58 Trade was taken based on strategy Order taken due to following analysis Price is above 200EMA Strong support rejection at 2006.94 level Momentum indicator showing exhaustion of seller Price at 2028 liquidation level Expecting price to hit major resistance level of 2048.84

Demalmo Updated 

Open order: 2047.23 (1:2) Stop loss: 2057.23 / 10 pip Take profit: 2027.23 / 20 pip 1. Trade was not based on strategy 2. Order was taken due to following factor Price rejected twice on major resistance level Price consolidated suggesting retracement Trade we are taking are the retracement Expecting gold to ease up before making a new rally ...

Demalmo Updated 

OPEN PRICE: 2037.56 STOPLOSS: 2027.56 TAKE PROFIT: 2057.56 1. Trade was not based on strategy 2. Order taken was due to following factor Price is above EMA200 SQZ is on bearish momentum (I'm expecting this is a retracement) News report on USD suggesting weaker USD

Demalmo Updated 

After failed rally last week, XAU still maintaining its sideway ranging. Due to our disciplined trading system, we'll be taking a short trade here on XAU with 1:2 profit ratio.

Demalmo

XAU maintain on sideways ranging without any legitimate bias move. This correspond with multiple upcoming US data. Ranging price should be expected until at least middle of MAY

Demalmo Updated 

Yesterday XAU saw a strong rejection both on the upside and downside. Price still within consolidation pattern and bullish still remain on our sight.

Demalmo Updated 

Gold has been retesting 200EMA past for week. With bear towing sign exhaustion, price may continue to rally to test major resistance level - PEPPERSTONE:XAUUSD

Demalmo

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.03% to 94.403 by 10:26 PM ET (2:26 AM GMT).

Demalmo

The British pound has initially tried to rally during the trading session on Wednesday but gave back early gains near the same area we have seen trouble at previously.