As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,436.80 entry point (optimal Target remains #2,400.80 psychological benchmark). My Selling order is running in decent Profit and will re-Sell Gold when / if #2,400.80 benchmark fails to hold." I have closed all my Selling orders (#2,436.80 - #2,412.80) on...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,436.80 entry point (optimal Target remains #2,400.80 psychological benchmark). My Selling order is running in decent Profit and will re-Sell Gold when / if #2,400.80 benchmark fails to hold." I have closed all my Selling orders (#2,436.80 - #2,412.80) on...
Fundamental analysis: Gold continued with relief rally as it didn't had intention to stop as Bottom was formed on #2,400.80 benchmark and Naturally #2,452.80 benchmark was tested. However regarding Traders willing to Buy Gold, this is very unpredictable market at the moment as Price-action can invalidate #2,452.80 benchmark easily and continue rising, or can...
Fundamental analysis: Gold continued with relief rally as it didn't had intention to stop as Bottom was formed on #2,400.80 benchmark and Naturally #2,452.80 benchmark was tested. However regarding Traders willing to Buy Gold, this is very unpredictable market at the moment as Price-action can invalidate #2,452.80 benchmark easily and continue rising, or can...
As discussed throughout my Friday's session commentary: "My position: Only factor which is keeping Bullish bias alive is DX taking strong hits and as soon as DX starts reversing on new Bullish Medium-term leg, Gold will deliver decline of current Inflated Price-action. However, Gold still remains very sensitive to every Bullish development where minor Bearish...
As discussed throughout my Friday's session commentary: "My position: Only factor which is keeping Bullish bias alive is DX taking strong hits and as soon as DX starts reversing on new Bullish Medium-term leg, Gold will deliver decline of current Inflated Price-action. However, Gold still remains very sensitive to every Bullish development where minor Bearish...
Technical analysis: Gold is approaching weekend break so no additional calculations can be added, especially since Price-action is about to deliver Double Top on Daily chart with an estimated Higher High’s Lower zone decimal below #2,350’s. This estimate is now aligned with the Bearish Technicals (even though Powell delivered dovish surprise) and Technical...
Technical analysis: Gold is approaching weekend break so no additional calculations can be added, especially since Price-action is about to deliver Double Top on Daily chart with an estimated Higher High’s Lower zone decimal below #2,350’s. This estimate is now aligned with the Bearish Technicals (even though Powell delivered dovish surprise) and Technical...
Gold's general commentary: As discussed, if Gold does not invalidate #2,452.80 - #2,500.80 psychological benchmarks in extension (Buying every Low's / less likely), I am expecting Gold to finish the Monthly fractal below #2,300.80 benchmark. Needless to mention, that would be Bearish for Gold’s Medium to Long-term (aligns with my Bearish expectations). On an...
Gold's general commentary: As discussed, if Gold does not invalidate #2,452.80 - #2,500.80 psychological benchmarks in extension (Buying every Low's / less likely), I am expecting Gold to finish the Monthly fractal below #2,300.80 benchmark. Needless to mention, that would be Bearish for Gold’s Medium to Long-term (aligns with my Bearish expectations). On an...
As discussed throughout my yesterday's session commentary: "My position: Therefore, I have engaged Selling order on #2,348.80 (entry point) with very strict Stop-loss, optimal Target remains #2,300.80 benchmark. Since Gold failed to extend the Buying sequence towards record High's, Buying should remain limited (however overall Bullish trend persists)." I have...
As discussed throughout my yesterday's session commentary: "My position: Therefore, I have engaged Selling order on #2,348.80 (entry point) with very strict Stop-loss, optimal Target remains #2,300.80 benchmark. Since Gold failed to extend the Buying sequence towards record High's, Buying should remain limited (however overall Bullish trend persists)." I have...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,361.80 entry point when market opened last night and closed my order on #2,340.80, delivering fine #21-point Profit. Since #2,338.80 - #2,342.80 represents Short-term Support, I will take no more Risk and await more comfortable re-Sell entry. I am more...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,361.80 entry point when market opened last night and closed my order on #2,340.80, delivering fine #21-point Profit. Since #2,338.80 - #2,342.80 represents Short-term Support, I will take no more Risk and await more comfortable re-Sell entry. I am more...
Technical analysis: As my Medium-term Selling outlook is in continuation, Gold made a strong Bearish takedown on the foundation of more positive (DX regarding) Fundamental announcements as Gold is losing value with every Hourly 1 chart’s candle. Price-action was close to reaching the Short-term Resistance of the Higher High’s Upper zone (mentioned in my latest...
Technical analysis: As my Medium-term Selling outlook is in continuation, Gold made a strong Bearish takedown on the foundation of more positive (DX regarding) Fundamental announcements as Gold is losing value with every Hourly 1 chart’s candle. Price-action was close to reaching the Short-term Resistance of the Higher High’s Upper zone (mentioned in my latest...
As discussed throughout my yesterday's session commentary: "My position: As Gold is isolated within Neutral Rectangle on smaller charts, I am not hesitating to utilize the sequence to it's maximum and await final #2,300.80 benchmark break which may extend the Selling sequence all the way towards Daily chart's #MA50. My new Selling order is active as I will...
As discussed throughout my yesterday's session commentary: "My position: As Gold is isolated within Neutral Rectangle on smaller charts, I am not hesitating to utilize the sequence to it's maximum and await final #2,300.80 benchmark break which may extend the Selling sequence all the way towards Daily chart's #MA50. My new Selling order is active as I will...