Justien

Justien Updated 

Wait for butterfly pattern create for long opportunity. If 85 touch, will look for 78.

Justien Updated 

See a cup and handle pattern at 1780 area. Wish 1780 is a bottom, and trend end after it reach 1829

Justien Updated 

If 23 didnt hold, will wait for 18-16 to enter long position

Justien Updated 

18 14 to determine direction. if 14 didnt hold, will target 04 for buy. Shorted at 1821 and put SL at entry so it's a risk free trade to let it run by it's own

Justien Updated 

Gold price is suffering due to a significant amount of cash out from Gold ETF over this week. It's ranging at bottom of 198x level, however, managed to get great support at 1810 and 1805. Trading strategy in mind are: 1) Below 1810, Short and target 1797 2) Above 1819, Long and target 1829 In between, will need to monitor the market structure and sentiment....

Justien Updated 

The bearish momentum is not over yet. Will probably make reference to VIX to judge a long opportunity.

Justien Updated 

Friday movement didn’t manage to fill up the gap of 1870 / 1869. It showed the buyer in control and willing to buy at price above 1870, and there is not momentum from seller end to push the price down further. After 3 failed attempts unable to breakthrough 1850, it appeared to seller that there is not much space for short at 6x price level. The battlefield may...