4H chart shows a new pattern which the bearish is stronger than bullish in short-term. * 1st resistance: 1990-1995. 2nd resistance: 2005. * 1st support: 1970. 2nd support: 1950-1955. * 1970-1975 is the critical position for bullish trend.
Selling order at 2009 closed at 1990 yesterday. 4H chart shows an triangle pattern shaking up and down for 7 days, and will be broken out today. In long-term pattern, gold finished 4 waves bullish move, but still short of the 5th bullish move with a higher top. * 1st resistance: 2008. * 1st support: 1980. * 1980 is the critical short-term position for bullish trend.
4H chart shows an triangle pattern shaking up and down for 6 days, and will be break out today or tomorrow. 1990 is the critical middle position. * 1st resistance: 2009. * 1st support: 1978.
* 1st resistance: 1985. 2nd resistance: 1990-1995. * 1st support: 1970-1975. 2nd support: 1950. 3rd support: 1915-1920.
* 1st resistance: 2004. 2nd resistance: 2010. * 1st support: 1975. * 4 waves of long-term bullish trend finished. But still short of the 5th wave.
* 1st resistance: 1990-1995. 2nd resistance: 2005. * 1st support: 1970. 2nd support: 1950. 3rd support: 1920. * 4 waves of long-term bullish trend finished. But still short of the 5th wave.
* 1st resistance: 2060. 2nd resistance: 2065-2070. * 1st support: 2030. 2nd support: 2020. * Long-term bull & bear boundary:1970. * 4 waves of bullish trend is shaping.
* 1st support: 2006. 2nd support: 1996. * 1st resistance: 2040. 2nd resistance: 2050.
* 1st resistance: 2040. 2nd resistance: 2050. * 1st support: 2001. 2nd support: 1991. * Long-term bull & bear boundary:1950.
* 1st resistance: 1990. 2nd resistance: 2000. * 1st support: 1975. 2nd support: 1970. * Long-term bull & bear boundary:1930-1935.
Gold may break through 1975, but no chasing when approaching the 2nd resistance 1990.
* 1st resistance: 1965. Bull & bear boundary:1975. * 1st support: 1945. 2nd support: 1920-1925. * Long-term bull & bear boundary:1890.
* 1st resistance: 1965. Bull & bear boundary:1970. * 1st support: 1945. * TP of buying orders at 1945-1950 yesterday: 1965. Keep only less of buying orders if 1970 breaks through. SL: 1945.
* Gold broken through the 1st support down to the 2nd support which is MA60 of 4H. * 1st resistance: 1970-1975. 2nd resistance: 2000. * There's a possibility down to 1910 if the 2nd support could not hold up!
* 1st support: 1960-1965. 2nd support: 1945-1950. * 1st resistance: 1980. 2nd resistance: 2005. * Long-term bull & bear boundary: 1910. Rules to follow in daily trading: * Bull & bear boundary is critical for trading. We suggest $2-$5 beyond for SL. If the boundary postion breaks, most probably the trendance will be reversed. * 1st or 2nd supporting position is...
Rules to follow in daily trading: * Bull & bear boundary is critical for trading. We suggest $2 beyond for SL. If the boundary postion breaks, most probably the trendance will be reversed. * 1st or 2nd supporting position is for buying entry or TP (partial or total) of selling orders. * 1st or 2nd pressure position is for selling entry or TP (partial or total) of...
* 1st support: 1980. 2nd support: 1950-1955. * 1st resistance: 2010. 2nd resistance: 2030. * Long-term bull & bear boundary: 1890.
* 1st support: 1940-1945. 2nd support: 1920. * 1st resistance: 1990. 2nd resistance: 2010. * Long-term bull & bear boundary: 1890.