XauUsd Rate from A New Break at 1494 Resistance.
24/12/2019 Update on the Gold Market - XauUsd Rate from A New Break Higher at 1494 Resistance Level.
Current Spot Price 1498 - Gold Price is set to rate higher towards 1509 - at 61% percent of the H4 Bar Chart Higher -
I believe before any further Consolidation will take place.
Current Mode - Uptrend. 1498 to 1509 at Take Profit Level.
Current Spot Price 1498 - Gold Price is set to rate higher towards 1509 - at 61% percent of the H4 Bar Chart Higher -
I believe before any further Consolidation will take place.
Current Mode - Uptrend. 1498 to 1509 at Take Profit Level.
Trade active:
24/12/2019 Gold Rate - Profit Target - Updated to 1519 -
1509 in error.
1509 in error.
Trade active:
25/12/2019 - As mentioned previously A Break above 1481 & 1483 set the Gold Rate up for Continuation Higher Trend - Extension towards 1519
Is at 61% percent bar on the H4 Chart High.
Is at 61% percent bar on the H4 Chart High.
Trade active:
26/12/2019 Gold Rate - Update On Gold - Target High Locked-In at 1519
At 1512 - 1512 looks like the Gold Rate High for now High st at 1519 - Possible Downtrend in motion towards 1471 after 1519 resistance level
Is at 61% on the h4 chart low to the lower end of Pricing - Possible Lower Targets if 1471 is broken below this level.
At 1512 - 1512 looks like the Gold Rate High for now High st at 1519 - Possible Downtrend in motion towards 1471 after 1519 resistance level
Is at 61% on the h4 chart low to the lower end of Pricing - Possible Lower Targets if 1471 is broken below this level.
Comment:
27/12/2019 At 1512 - 1512 looks like the Gold Rate - All Time High for this Current Range.
Possible Downtrend in motion towards 1471 after 1512 or 1519 resistance level
1471 Is at 61% on the h4 chart low to the lower end of Pricing - Possible Lower Targets if 1471 is broken below this level include 1377 & 1350
Gold Rate - Downtrend Mode.
Possible Downtrend in motion towards 1471 after 1512 or 1519 resistance level
1471 Is at 61% on the h4 chart low to the lower end of Pricing - Possible Lower Targets if 1471 is broken below this level include 1377 & 1350
Gold Rate - Downtrend Mode.
Order cancelled:
Original EurUsd Entry Now Cancelled towards 1.1519 Target High.
Current Spot Price 1.1513 May act as A Resistance Level against Any Further Rising in Price for a while. Gold Rate Trading Now Cancelled.
Current Spot Price 1.1513 May act as A Resistance Level against Any Further Rising in Price for a while. Gold Rate Trading Now Cancelled.
Comment:
Original Gold Entry Now Cancelled towards 1.1519 Target High.
Current Spot Price 1.1513 May act as A Resistance Level against Any Further Rising in Price for a while. Gold Rate Trading Now Cancelled.
Current Spot Price 1.1513 May act as A Resistance Level against Any Further Rising in Price for a while. Gold Rate Trading Now Cancelled.
Trade active:
30/12/2019 Gol Rate - Not Updated as yet - but considering a downtrend move towards 1454
Once 1519 is establish.
Once 1519 is establish.
Trade active:
31/12/2019 Early Morning - Gold Rate at 1525
Acts as Resistance Level & Signals A New Reversal Trend is on the way
Support Level Lower will include 1468 & 1451
As Lower Level
Downtrend Mode.
Acts as Resistance Level & Signals A New Reversal Trend is on the way
Support Level Lower will include 1468 & 1451
As Lower Level
Downtrend Mode.
Gold at Reversal Trend from break above 1481 -1483 - Target Higher 1519 -
Is at 61% bar on the h4 chart - Before probable Consolidation Phase - If we are still calling or waiting for the Downtrend Phase to materialise.