As discussed throughout yesterday's session: "My position: I am expecting Gold to give #1,927.80 - #1,930.80 Higher Low’s (delivered currently) and stabilizing Oversold Williams% levels, and then engage the Medium-term decline of course with the special touch and attention on DX chart. That suggests as well that Gold may be pricing a Top here shortly (temporary or...
As discussed throughout yesterday's session: "My position: I am expecting Gold to give #1,927.80 - #1,930.80 Higher Low’s (delivered currently) and stabilizing Oversold Williams% levels, and then engage the Medium-term decline of course with the special touch and attention on DX chart. That suggests as well that Gold may be pricing a Top here shortly (temporary or...
As discussed throughout my commentary on Friday's session: "My position: I have tried my luck with #1,927.80 entry point Selling order (very strict Risk management of #6 points) Targeting #1,900.80 benchmark." Technical analysis: As expected, Gold gradually got back into Hourly 1 chart’s Neutral Rectangle (sign of ranging market) and currently touching the...
As discussed throughout my commentary on Friday's session: "My position: I have tried my luck with #1,927.80 entry point Selling order (very strict Risk management of #6 points) Targeting #1,900.80 benchmark." Technical analysis: As expected, Gold gradually got back into Hourly 1 chart’s Neutral Rectangle (sign of ranging market) and currently touching the...
Fundamental analysis: Bears have the upper hand as Fed favors Higher Rates for longer period. Gold altered #4-session Buying spree despite struggling to get past #1,922.80 - #1,925.80 Support zone. Benchmark Rates are unchanged however Fed signaled one more Rate hike and pushed back Rate cuts which allowed DX to shine. There are many more Bearish catalysts around...
Fundamental analysis: Bears have the upper hand as Fed favors Higher Rates for longer period. Gold altered #4-session Buying spree despite struggling to get past #1,922.80 - #1,925.80 Support zone. Benchmark Rates are unchanged however Fed signaled one more Rate hike and pushed back Rate cuts which allowed DX to shine. There are many more Bearish catalysts around...
As discussed throughout my morning's commentary: "My #1,930.80 order triggered #1,942.80 Stop-loss however I have re-Sold again with #1,942.80 first re-Sell and #1,937.80 second re-Sell point, both Targets running in excellent Profits." I have closed both of my Selling orders taken from #1,942.80 and #1,937.80 entry points (#1,915.80 closing point few minutes...
As discussed throughout my morning's commentary: "My #1,930.80 order triggered #1,942.80 Stop-loss however I have re-Sold again with #1,942.80 first re-Sell and #1,937.80 second re-Sell point, both Targets running in excellent Profits." I have closed both of my Selling orders taken from #1,942.80 and #1,937.80 entry points (#1,915.80 closing point few minutes...
As discussed throughout my yesterday's session commentary: "My position: As I do expect hawkish stance tonight, my #1,930.80 entry point Selling order is active as I will add more Selling orders ahead of Fed's event tonight. I do expect DX to skyrocket and #1,900.80 benchmark test on Gold ahead." My #1,930.80 order triggered #1,942.80 Stop-loss however I have...
As discussed throughout my yesterday's session commentary: "My position: As I do expect hawkish stance tonight, my #1,930.80 entry point Selling order is active as I will add more Selling orders ahead of Fed's event tonight. I do expect DX to skyrocket and #1,900.80 benchmark test on Gold ahead." My #1,930.80 order triggered #1,942.80 Stop-loss however I have...
Fundamental analysis: Price-action is on non-stop rise since #1,900.80 benchmark rejection and was soaring progressively. Personally Buying motion should ease sessions ago and sooner or later more serious correction should follow. Hourly 4 chart is widely Overbought as Hourly 1 chart first delivers Triple Top which is invalidated instantly followed with current...
Fundamental analysis: Price-action is on non-stop rise since #1,900.80 benchmark rejection and was soaring progressively. Personally Buying motion should ease sessions ago and sooner or later more serious correction should follow. Hourly 4 chart is widely Overbought as Hourly 1 chart first delivers Triple Top which is invalidated instantly followed with current...
Gold's general commentary: Very unfair Price-action where Gold extends rebound all the way from #1,900.80 forced Bottom, poking the key Technical Resistance zone of #1,934.80 - #1,937.80. DX was soaring for #9-consecutive weeks however it had no after-effect on Gold. Although the Price-action is on relief rally, Buyers should remain cautious due the continuous DX...
Gold's general commentary: Very unfair Price-action where Gold extends rebound all the way from #1,900.80 forced Bottom, poking the key Technical Resistance zone of #1,934.80 - #1,937.80. DX was soaring for #9-consecutive weeks however it had no after-effect on Gold. Although the Price-action is on relief rally, Buyers should remain cautious due the continuous DX...
Gold's general commentary: Gold almost touched the #1,900.80 benchmark with a session Low's Trading near, not delivering the necessary Lower Low's Upper zone extension break that the Hourly 4 chart's Descending Channel required in order to stay valid. This of course is not my Technicals to blame / it is outside factor which occasionally moves the Price-action....
Gold's general commentary: Gold almost touched the #1,900.80 benchmark with a session Low's Trading near, not delivering the necessary Lower Low's Upper zone extension break that the Hourly 4 chart's Descending Channel required in order to stay valid. This of course is not my Technicals to blame / it is outside factor which occasionally moves the Price-action....
Technical analysis: Interesting Technical fractal rarely seen currently reproducing on Hourly 4 chart. Death Cross is in motion after just #8 sessions of Golden Cross. This phenomenon is rarely seen on Gold charts. Regardless I am ready with my piercing Selling orders to pursue #1,892.80 first Lower Low's Upper zone fractal followed with #1.882.80 Lower Low's...
Technical analysis: Interesting Technical fractal rarely seen currently reproducing on Hourly 4 chart. Death Cross is in motion after just #8 sessions of Golden Cross. This phenomenon is rarely seen on Gold charts. Regardless I am ready with my piercing Selling orders to pursue #1,892.80 first Lower Low's Upper zone fractal followed with #1.882.80 Lower Low's...