Gold broke through 1910 last Friday. Long-term bullish trend will start from here. * 1st resistance: 1935. 2nd resistance: 1985. * 1st support: 1910. 2nd support: 1900. * bull & bear boundary: 1985. We moved all our SL position of buying orders opened at 1845 up to 1879, expecting higher target.
If you could read the secret code of gold, money goes to you! Do not try to trade against the trendance. If 1910 could hold up, 1935 or even 2080 will be the trendance target.
After critical resistance position 1885 broke through, 1910 will be the next bullish target. As to the pattern of 4H and the Middle-east war, 1910 my be break through. As long as 1910 could hold up, 1935 or even 2080 may the long-term bullish target. We still hold some buying orders opened at 1845 last week for long-term profit. * 1st support: 1880-1885. * 1st...
Buying orders opened at 1845 are taking profit and will be closed most part from 1877-1884. * 1st resistance: 1877-1885. * 1st support: 1850. * Critical positions: 1850, 1885. (If 1885 breaks through, 1900-1905 will be the bullish target. I 1850 breaks through, 1825, 1800-1805 will be the bearish target)
Gold finished 5 bearish moves down from 1925 to 1810 on 4H pattern and is supported by weekly supporting area of 1800-1820. Gold will return to 4H resistance position at 1880. * 1st support: 1845. 2nd support: 1830-1835. * 1st resistance: 1860. 2nd resistance: 1875-1880.
Gold reached the short-term supporting area 1800-1820. Buying orders opened at 1820, 1816, and will take profit at 1830-1835, 1845-1850. Long-term bearish target will be still 1800-1805. * 1st resistance: 1830. 2nd resistance: 1845-1850. Critical position: 1860. * 1st support: 1820. 2nd support: 1800-1805.
Gold bearish target 1800-1820, which is the supporting area of week trend. * 1st support: 1820. 2nd support: 1800. * 1st resistance: 1855. 2nd support: 1860. No bearish chasing near 1800! Selling orders opened at 1879 will be taken profit around 1801-1821.
Gold is going to break out the triangle as from the middle position of 1925. Long-term trend is still bearish down to 1861, 1825. * 1st support: 1910. * 1st resistance: 1935, 2nd resistance: 1950.
Followed my strategy published yesterday, we opened buying orders precisely at 1938, and closed at 1950, 1952 which is the 3rd uptrend move on 4H chart. Another profitable day again! Gold is moving the 3rd bullish move on 4H chart and the 2nd move on 1D chart. Since it is weekend, we will not open new orders, but only keep small amount of buying orders opened at...
Gold finished 2 uptrend moves on 4H chart. Expecting the 3rd move, and 4, 5. * 1st resistance: 1950. 2nd resistance: 1955. * critical support: 1935-1938.
Gold is having the 2nd moves on 4H uptrend. We closed half of our buying orders opened at 1915, and keep half buying orders for higher target at 1950 and 1965 if 1945 could successfully break through. Another profitable trading day again!
Buying orders opened at 1922 successfully take profit at 1933. Keep orders opened at 1915 for 1940, 1945 with SL at 1919.
Gold is aimming higher after 1925 overpassed. * 1st resistance: 1930-1935. 2nd resistance: 1945. * 1st support: 1922. 2nd support: 1915.
We are still holding long-term bearish orders opened at 1983, 1954, targetting 1845, 1815. * Long-term bearish trend confirmed after 1915 broke down as I mentioned many times before. That's why we hold our selling order opened above 1915 for the final bearish target. * Selling orders could opened at the position whenever short-term bullish reached $14-$20...
* 1st resistance: 1945-1950. * 1st support: 1925. 2nd support: 1915. * critical positions: 1915, 1950.
Buying orders opened at the 1st support 1925 has been closed half at 1940. Others wait for 1945, 1949! * 1st resistance: 1949. * 1st support: 1925. * critical position: 1925, 1950. Another profitable day!
* 1st resistance: 1945-1950. * 1st support: 1925. 2nd support: 1915. * critical positions: 1915, 1950. * no bearish chasing if 1925 reached before NFP.
Gold is moving to the 1st bearish target 1925. All patterns of time phase except 1D are bearish. 4H is having the 2nd move down trend from 1950. * 1st resistance: 1940. 2nd resistance: 1945-1950. * 1st support: 1925. 2nd support: 1915. 1840, 1815 are expected if 1915 breaks down.