alanchin

alanchin

Mid-term bearish trend down from 1965 has finished its 5 moves and is supported by 1D supporting position 1910. Long-term pattern is still bearish. * 1st resistance: 1935-1940. 2nd resistance: 1950. * Bull & bear boundary: 1980.

alanchin

Gold has finished 4 bearish moves, and is moving the 5th on 4H pattern. 2nd down-trend move has been finished on 1H pattern. 1900-1915 which is 1D supporting area will be arrived. No bearish chasing when approach 1900-1905. All our mid-term selling orders opened at 1977, 1983 are taking profits. * 1st resistance: 1935-1940. * Mid-term target: 1900-1915.

alanchin

Short-term buying orders opened at 1950, 1946 have been closed at 1955. Only few of 1946 left with SL at 1949. * 1st resistance: 1960-1965. 2nd resistance: 1975. * Supporting: 1940-1945. * Critical positions: 1962.

alanchin

* 1st resistance: 1965-1970. 2nd resistance: 1985. * 1st support: 1950. 2nd support: 1940 * Critical posistion: 1950, 1970. * Mid-term range: 1915-1985.

alanchin

Selling orders opened at 1965.5, 1967.5 are all profitable by closing half amount at 1953-1955. Still keep buying orders of 1941 and selling orders at 1967, 1977, 1983. * 1st resistance: 1970. 2nd resistance: 1985. * 1st support: 1950-1955. 2nd support: 1940.

alanchin

Half of our buying orders opened at 1941 has been closed at 1960. Still keeping half amount of buying orders with SL at 1948, and selling orders opened at 1977, 1983. * 1st resistance: 1965-1970. 2nd resistance: 1985. * 1st support: 1950. 2nd support: 1940. * Mid-term range: 1900-1985.

alanchin

Gold finished 3 moves on 4H chart. Buying orders opened at 1941, 1965-1970 is expected.

alanchin

As I mentrioned before about the critical event FOMC. Our selling orders opened at 1983, 1977, 1970 are all taking profit with SL setting at 1972. Gold is taking its 3rd bearish move on 4H chart. * 1st resistance: 1940. 2nd resistance: 1965. * Mid-term target: 1900-1915. We expect a significant short-term bullish move if gold finished its 5 moves on 4H chart...

alanchin

Selling orders entered at the first resistance position: 1970. Half have closed at 1960. * 1st resistance: 1970. 2nd resistance: 1985-1990. * supporting: 1950-1955 * Gold will break out 1950-1970.

alanchin

Target 1975 almost reached last week as I mentioned before, but bearish trend from 4H resistance position 1973-1985 has not achieved yet. Critical event is FOMC this week. * 1st resistance: 1970 2nd resistance: 1985-1990. * supporting: 1950-1955.

alanchin

Gold supported at 1937, the right shoulder of bottom head. And break through the resistance area 1955-1960. All of our selling orders opened at 1981 below were closed at 1961.5. Only small amount of 1983 left. * supporting: 1955. * resistance: 1975. * critical position: 1955, 1985.

alanchin

* Resistance: 1955-1960. * Mid-term target: 1900-1910. * Bull & bear boundary: 1975.

alanchin

New bearish pattern starting from 1980. Let's count the bearish moves together from 1980 down trend. Mid-term target: 1900-1910.

alanchin

Our selling orders opened at 1980-1983 are all profitable by NFP with SL at 1986.5. Small amount of selling orders closed at the supporting area 1960-1965. Others for expected mid-term bearish moves starting from 1980 if 1960 and 1950 could be broken through.

alanchin

Gold waiting for breaking out 1965-1985 on NFP. New pattern will be evaluated starting from 1980.

alanchin

Gold precisely reached the target 1977.3! Buying orders opened at the supporting area 1955-1960 should be closed at 1977.3-1980. Resistance: 1977.3-1980

alanchin

Buying orders opened at the supporting area 1955-1960 will be closed at the target: 1977.3-1980. No bullish chasing at the resistance area near 1980!

alanchin

As I mentioned yesterday, retracement back to original position will be happened after 5 moves in short-term pattern. Bearish move from 2000 finished 5 moves down to 1931, and will retrace back to 1975-1980 in short-term. New pattern starting from around 1979 will be evaluated. No bullish chasing when gold reaches resistance area 1975-1980 today! * Supporting:...