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- jordiHK replied May 11, 2023
Gold is clearly still in an uptrend, while price doesn't break the 2000 level. This price has a psychological weight. Later on, zone 1977-79. After this, we could start to talk about a possible downtrend started. Did we touch the peak with 2080? ...
Gold
- jordiHK replied May 11, 2023
Hi Isabella. Your projections are uptrend, breaking all history max. But your mind still projecting downtrend channel for 2023, taking reference from last high 2079. Could you explain yourself ? Thanks
Gold
- jordiHK replied May 11, 2023
Level 2022 now getting weaker after several tests. So easier to break, then lower 2014-15 not so strong, and lower 1999-2001 the strongest, with a psychologic importance. North side 2035-37 no too strong, 2045-47 strong and then we go to a wide zone ...
Gold
- jordiHK replied May 11, 2023
Closed sell 2035,10 at 2025,69... But I did a fat finger mistake. I set the buy limit at 2020 instead of 2022...
. So I didn't take... Well now waiting for news. Let's see PPI. Could reach north level again 2045-47 or go down until 2000. Will ...Gold
- jordiHK replied May 10, 2023
Yesterday was a good day, with nice wins. Hopefully today can keep the trend. Still keep opened sell position from 2035,10 and moved SL to BE. Trade safe
Gold
- jordiHK replied May 10, 2023
I just opened a sell position at 2035.10. Expecting face down to test 2022 again. Simple chart. Just sell order at 2045-47, and buy order at 2022, until before US news. Today have news from BOE interest rates, and later US jobs claims + PPI. From my ...
Gold
- jordiHK replied May 10, 2023
It will help CPI data or not. Now as I mentioned 2026-29 zone is getting even stronger. Under it have some 2022-24 zone with previous nice volume. So, not easy to go all the way, in short time, unless CPI helps a lot. I think is going to touch ...
Gold
- jordiHK replied May 9, 2023
Also level 2026-29 is quite strong. I have a sell position at 2036,40 and I'm doubting if close it or not.
Gold
- jordiHK replied May 9, 2023
Agree with all S/R you mentioned. Did you find 2043-45 in any of your Fibo levels?
Gold
- jordiHK replied May 9, 2023
Looks like a crocodile zone at 2029, and still have 2030-33 zone as resistance if 2029 is broken. Same as 2021 now became a strong Support. Maybe we must wait till US.
Gold
- jordiHK replied May 9, 2023
I moved SL to BE once fall to 2025, then moved up again...
. I will keep waitingGold
- jordiHK replied May 8, 2023
BE hunted by spread. Waiting for Europe opening. Looks like 2020-17 level is a strong support.
Gold
- jordiHK replied May 8, 2023
Today also, we have not important news, just Chinese import/exports in an hour, and some UK index data. So, since yesterday we got into an accumulation zone, I cannot see huge moves today due to economic news. But let's see if the market behaves ...
Gold
- jordiHK replied May 8, 2023
I'm holding a Sell position at 2026,4 from yesterday. I moved the SL to BE. Let's see if bears can break this support between 2021 and 2017. Then we would move back to 2000 level.
Gold
- jordiHK replied May 3, 2023
I closed my 2 Sell positions before, facing the news Sell 2010,10 ->2012 Sell 2018 -> 2012 I still think it will move down, directly or after a spike reaching 2031-2032 and later falling. But I will stay expecting.
Gold