goldenBear88

goldenBear88

As I stated in my morning's commentary:" The downside potential is #1,745.80 - #1,763.80, while on Medium and Long-term, #1,900.80 is surely on the cards as I give more probabilities to the Bullish sequence. I am ready with my Buy order to pursue upper Targets." - I have closed my Buy order I opened just few hours ago (#1,794.80 - #1,808.80) with huge Profits,...

goldenBear88

As I stated in my morning's commentary:" The downside potential is #1,745.80 - #1,763.80, while on Medium and Long-term, #1,900.80 is surely on the cards as I give more probabilities to the Bullish sequence. I am ready with my Buy order to pursue upper Targets." - I have closed my Buy order I opened just few hours ago (#1,794.80 - #1,808.80) with huge Profits,...

goldenBear88

As I stated on my yesterday's commentary: "Bullish if the Price-action breaks the semi-Resistance and #1,800.80 psychological barrier. Bullish reversal is confirmed only if #1,800.80 is invalidated which is far away, as Gold is looking really weak to sustain the uptrend." #1,763.80 Support was too strong (Price-action formed decent Support) and was enough reason...

goldenBear88

As I stated on my yesterday's commentary: "Bullish if the Price-action breaks the semi-Resistance and #1,800.80 psychological barrier. Bullish reversal is confirmed only if #1,800.80 is invalidated which is far away, as Gold is looking really weak to sustain the uptrend." #1,763.80 Support was too strong (Price-action formed decent Support) and was enough reason...

goldenBear88

I have successfully preserved my account in order to be ready for the new move on Gold. The Daily chart RSI sequence is identical to the February #24 - #27 #2017, which after it almost hit the Support, resulted into the aggressive rise to #1,566.80 (was #MA200 then), as I don’t doubt that this will be the case now as Gold historically repeats it’s Cycles as I...

goldenBear88

I have successfully preserved my account in order to be ready for the new move on Gold. The Daily chart RSI sequence is identical to the February #24 - #27 #2017, which after it almost hit the Support, resulted into the aggressive rise to #1,566.80 (was #MA200 then), as I don’t doubt that this will be the case now as Gold historically repeats it’s Cycles as I...

goldenBear88

The current Hourly 4 candle is too flat to provide Intra-day direction but with Hourly 1 chart and Daily Neutral, Short-term Traders may find value within the #1,810.80 - #1,820.80 Bollinger Bands. The key is the Daily chart #MA50 which rejected the Price-action twice this Month. #1,820.80 is the next Resistance and if invalidated, is the key and if that breaks,...

goldenBear88

The current Hourly 4 candle is too flat to provide Intra-day direction but with Hourly 1 chart and Daily Neutral, Short-term Traders may find value within the #1,810.80 - #1,820.80 Bollinger Bands. The key is the Daily chart #MA50 which rejected the Price-action twice this Month. #1,820.80 is the next Resistance and if invalidated, is the key and if that breaks,...

goldenBear88

This morning's early E.U. opening provided #13$ spike which went in my favor as I've closed my Buy order from yesterday's Bottom and concluded this pretty Volatile week in Profits. The Hourly 4 Support should hold the Price-action as it is still acting as an Lower Low trendline, representing #8-Month Support. I don’t think that Support will be broken without...

goldenBear88

This morning's early E.U. opening provided #13$ spike which went in my favor as I've closed my Buy order from yesterday's Bottom and concluded this pretty Volatile week in Profits. The Hourly 4 Support should hold the Price-action as it is still acting as an Lower Low trendline, representing #8-Month Support. I don’t think that Support will be broken without...

goldenBear88

Gold altered the decline following the continuation of the former Hourly 4 chart Channel Down, as Bond notes and Stock markets gain for the #3rd straight session and DX taking strong hits, as current environment is Gold friendly (should spike upwards) but yet surprisingly, Gold was loosing with every Hourly 4 candle against the Technical trend which made me...

goldenBear88

Gold altered the decline following the continuation of the former Hourly 4 chart Channel Down, as Bond notes and Stock markets gain for the #3rd straight session and DX taking strong hits, as current environment is Gold friendly (should spike upwards) but yet surprisingly, Gold was loosing with every Hourly 4 candle against the Technical trend which made me...

goldenBear88

The Daily chart Support (Price-action is way below the #MA50) broke again on yesterday’s session as Price-action is on a critical crossroads regarding Gold. If the current Daily chart candle closes below the #1,830.80, it would be the first time to do so since July #21. That would most likely signal the start of a new Bullish phase (Medium-term). Another indicator...

goldenBear88

The Daily chart Support (Price-action is way below the #MA50) broke again on yesterday’s session as Price-action is on a critical crossroads regarding Gold. If the current Daily chart candle closes below the #1,830.80, it would be the first time to do so since July #21. That would most likely signal the start of a new Bullish phase (Medium-term). Another indicator...

goldenBear88

I have carefully used #14$ Bull spike throughout Friday's U.S. session and closed portion of my Buy orders with decent Profits, now I am waiting for additional opportunity to add more Buy orders. Excellent Bullish developments on Hourly 1 basis as I am expecting stronger Bullish sequence with #1,910.80 extension. U.S. chair repeated their monetary action plan that...

goldenBear88

I have carefully used #14$ Bull spike throughout Friday's U.S. session and closed portion of my Buy orders with decent Profits, now I am waiting for additional opportunity to add more Buy orders. Excellent Bullish developments on Hourly 1 basis as I am expecting stronger Bullish sequence with #1,910.80 extension. U.S. chair repeated their monetary action plan that...

goldenBear88

Strong rejection for the current Hourly 4 candle on the Hourly 1 Support, as the #1,854.80 zone was tested again. All Hourly charts turned Bullish again, and if #1,871.70 breaks again I expect an aggressive rise within the #MA50 belt on Hourly 4 chart, near my Target. Note that this Volatility is related to the turbulence on the Stock markets, and DX Trading on...

goldenBear88

Strong rejection for the current Hourly 4 candle on the Hourly 1 Support, as the #1,854.80 zone was tested again. All Hourly charts turned Bullish again, and if #1,871.70 breaks again I expect an aggressive rise within the #MA50 belt on Hourly 4 chart, near my Target. Note that this Volatility is related to the turbulence on the Stock markets, and DX Trading on...