Gold broke over 4160, we focus at 4185-90

Gold

DXY high for today 99.56. Just checking if everybody is alright

Gold

DXY to face main resistance 99.55-60...EU/GU support equivalent to that.. If price would break above then we're going to 99.90

Gold

Again another rejection toward 4100, hoping you're enjoying it

Gold

GU showing much weakness even weaker than the DXY, that's preventing it from reaching 1.3200-10 weekly resistance while EU will try to go to 1.1620s-1.1640s range. Still we focus at DXY 98.95-00 wherever EU would be. Let's see if there will be ...

Gold

As expected for yesterday Gold got hit from the highs toward 4100 but bulls managed to protect 4080 and raise it again.. Today same range 4100-4160, bears will have to take it back to below 4080, bulls will try to tackle up to 4190 of weekly. ~4160 ...

Gold

DXY held by weekly support 99.10-15 that's just little higher than the monthly that I still see it coming 98.95-00 but just matter of timing.

Gold

It's true that Gold is trying to create an uptrend on daily since it broke above 4050 but it's already exhausted on daily and weekly highs 4150-4190 so play your cards wisely, a retracement is non negotiably coming coming...

Gold

Crucial Gold range for daily 4100-4160 and weekly 4080-4190. These price levels lows and highs to play for sell at highs buy at lows. Bears main target is ending the week below 4080 Set your TP/SL according to these levels.

Gold

All depends where you sell, on what time frame.

Gold

On an other important remark, though I can understand that many here don't own a lot of savings money or money they can afford to loose to trade FX with but if you're not "at least" opening mini lots to standard lot size trades then you're just ...

Gold

Many on ff contradicted me pastly and maybe in the future they'll continue that why I'm always a ? Well, simple answer is LOGIC... Opposite to what many traders here follow in their main strategies. The very majority here have ...

Gold

Folks, EU/GU are subject to downtrend movement on long-term but I'm not convinced that will start before DXY retrace to 98.95-00 with possibility of 98.55-60 but will stick to the first at least until month end. Mark that first price level to what ...

Gold

Also... Sell

Gold

Still on spot for this today too

Gold

Quick conclusion.. Any buy as higher as above 4080 is good on long term, the higher levels talked about above are long term sells...

Gold

I increase the higher resistance levels for EU to 1.1590s and GU stays around 1.3200-10

Gold

EU/GU moved as expected but Gold again.. WOW broke way higher than 4080..by this can't see new targets than 4125-30 and up to 4155-60. Bears will have to get it back down to below 4080 by day end and we talk later...

Gold

Trailing stop.

Gold