youngenxx_

youngenxx_

Potential bullish rally to the up side on GJ from a correction.

youngenxx_

XAUUSD is very much likely to have a sell off because of the current resistance its very much reacting off before going long for the bullish rally. Follow to keep up with more helpful insight ;)

youngenxx_

XAUUSD has the possibility of making its way to the previous weekly low. It is currently within last weeks weekly range which is more than 18 ounces, giving it plenty of space for price to move around as consolidation if there is no economical impact to push it either direction rapidly. BE SURE TO FOLLOW FOR MORE HELPFULL INSIGHT ;)

youngenxx_

On my last publish on the gold buy I mentioned that we were going to go long on GOLD. The market is currently respecting that analysis. The update is that XAUUSD might reach the Green Zone being approached and pass it to head to the Blue Zone drawn at 1949. FOLLOW FOR MORE GREATE MARKET INSIGHT ;)

youngenxx_

XAUUSD has reached strong support which price is currently consolidating off. With the CPI data release for the dollar coming up, anticipation on market direction would be more obvious. Capitalising on the Bulls side would be beneficial for a profitable Rally. FOLLOW TO KEEP UP WITH HELPFUL INSIGHT ;)

youngenxx_

GJ has the possibility to buy from the 30th of August to reach the previous daily highs since the market came from a major bearish retracement that rejected on the 50% mark on the daily timeframe. On the lower timeframes, we have miner structure that we could look out for on the way up to notice any type of reactions for if we in the case of changing direction or...

youngenxx_

GJ looks like it will have a short sell till Mondays daily low while still in the active weekly range.

youngenxx_

Price has found support which is currently being protected as the weekly low at 1885.A retracement could form before the market could carry on to the down side and potentially reach 1849,ONLY if price closes below the support on the daily and 4 hour timeframe.

youngenxx_

A possible retracement before price sets to go for another week bearish.