Technical analysis: Gold is approaching weekend break so no additional calculations can be added, especially since Price-action is about to deliver Double Top on Daily chart with an estimated Higher High’s Lower zone decimal below #2,350’s. This estimate is now aligned with the Bearish Technicals (even though Powell delivered dovish surprise) and Technical...
Technical analysis: Gold is approaching weekend break so no additional calculations can be added, especially since Price-action is about to deliver Double Top on Daily chart with an estimated Higher High’s Lower zone decimal below #2,350’s. This estimate is now aligned with the Bearish Technicals (even though Powell delivered dovish surprise) and Technical...
Gold's general commentary: As discussed, if Gold does not invalidate #2,452.80 - #2,500.80 psychological benchmarks in extension (Buying every Low's / less likely), I am expecting Gold to finish the Monthly fractal below #2,300.80 benchmark. Needless to mention, that would be Bearish for Gold’s Medium to Long-term (aligns with my Bearish expectations). On an...
Gold's general commentary: As discussed, if Gold does not invalidate #2,452.80 - #2,500.80 psychological benchmarks in extension (Buying every Low's / less likely), I am expecting Gold to finish the Monthly fractal below #2,300.80 benchmark. Needless to mention, that would be Bearish for Gold’s Medium to Long-term (aligns with my Bearish expectations). On an...
As discussed throughout my yesterday's session commentary: "My position: Therefore, I have engaged Selling order on #2,348.80 (entry point) with very strict Stop-loss, optimal Target remains #2,300.80 benchmark. Since Gold failed to extend the Buying sequence towards record High's, Buying should remain limited (however overall Bullish trend persists)." I have...
As discussed throughout my yesterday's session commentary: "My position: Therefore, I have engaged Selling order on #2,348.80 (entry point) with very strict Stop-loss, optimal Target remains #2,300.80 benchmark. Since Gold failed to extend the Buying sequence towards record High's, Buying should remain limited (however overall Bullish trend persists)." I have...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,361.80 entry point when market opened last night and closed my order on #2,340.80, delivering fine #21-point Profit. Since #2,338.80 - #2,342.80 represents Short-term Support, I will take no more Risk and await more comfortable re-Sell entry. I am more...
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,361.80 entry point when market opened last night and closed my order on #2,340.80, delivering fine #21-point Profit. Since #2,338.80 - #2,342.80 represents Short-term Support, I will take no more Risk and await more comfortable re-Sell entry. I am more...
Technical analysis: As my Medium-term Selling outlook is in continuation, Gold made a strong Bearish takedown on the foundation of more positive (DX regarding) Fundamental announcements as Gold is losing value with every Hourly 1 chart’s candle. Price-action was close to reaching the Short-term Resistance of the Higher High’s Upper zone (mentioned in my latest...
Technical analysis: As my Medium-term Selling outlook is in continuation, Gold made a strong Bearish takedown on the foundation of more positive (DX regarding) Fundamental announcements as Gold is losing value with every Hourly 1 chart’s candle. Price-action was close to reaching the Short-term Resistance of the Higher High’s Upper zone (mentioned in my latest...
As discussed throughout my yesterday's session commentary: "My position: As Gold is isolated within Neutral Rectangle on smaller charts, I am not hesitating to utilize the sequence to it's maximum and await final #2,300.80 benchmark break which may extend the Selling sequence all the way towards Daily chart's #MA50. My new Selling order is active as I will...
As discussed throughout my yesterday's session commentary: "My position: As Gold is isolated within Neutral Rectangle on smaller charts, I am not hesitating to utilize the sequence to it's maximum and await final #2,300.80 benchmark break which may extend the Selling sequence all the way towards Daily chart's #MA50. My new Selling order is active as I will...
As discussed throughout my yesterday's session commentary: "My position: I am holding my Selling order with #2,322.80 entry point, however I have adjusted my Target and now #2,292.80 represents my optimal Target for the sequence" I have engaged another order with #2,320.80 entry point which is still running in decent Profit (will await final / eventual #2,300.80...
As discussed throughout my yesterday's session commentary: "My position: I am holding my Selling order with #2,322.80 entry point, however I have adjusted my Target and now #2,292.80 represents my optimal Target for the sequence" I have engaged another order with #2,320.80 entry point which is still running in decent Profit (will await final / eventual #2,300.80...
As discussed throughout my yesterday's session commentary: "My position: As stated above, my first (original) Selling order is still active (#2,322.80 entry point) with #2,300.80 benchmark as optimal Target. I do expect it to be realized within the session." Technical analysis: Gold bounced back well enough on the #2,310.80 - #2,312.80 first Support level...
As discussed throughout my yesterday's session commentary: "My position: As stated above, my first (original) Selling order is still active (#2,322.80 entry point) with #2,300.80 benchmark as optimal Target. I do expect it to be realized within the session." Technical analysis: Gold bounced back well enough on the #2,310.80 - #2,312.80 first Support level...
As discussed throughout my yesterday's session commentary: "My position: I have guessed NFP outcome nicely (downside surprise) however I was on sidelines throughout the session. I am contemplating Selling the market within #2,321.80 - #2,331.80 zone towards #2,300.80 benchmark. I have Sold Gold with #2,322.80 entry point (optimal Target remains #2,300.80...
As discussed throughout my yesterday's session commentary: "My position: I have guessed NFP outcome nicely (downside surprise) however I was on sidelines throughout the session. I am contemplating Selling the market within #2,321.80 - #2,331.80 zone towards #2,300.80 benchmark. I have Sold Gold with #2,322.80 entry point (optimal Target remains #2,300.80...