Gold

Quoting muzamil9

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{quote} I think tomorrow's candle will take out today's candle high, and then gold will move down toward 4100. Brother, do you agree with my view?

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Quoting ChiForex

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WOW that spike was too fast for me to enter manually..missed my 4365 by a little anyways still holding a sell from 4348. In this way market finding support around 4320...don't think 4310-15 will hold much..let's see

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Quoting ChiForex

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Quoting ChiForex

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Ok folks..I'll tell you how I see the big picture for today, we have resistances to sell starting at ~4345 then ~4365 and ~4390 should top it if reached while 4310 support...sustainable movement below will speed weakness. So TP1 4310-15 TP2 4265 TP3 4235, reaching to TP3 will later on confirm slide continuation and very bearish structure... I talked before about 4230s...read my previous posts...Let's see how it goes.. Good Luck

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Quoting ChiForex

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{quote} It may seem greedy that I've not exited at TP2 4265 but I can't stop seeing 4232 so TP is at 4235 for now with trailing stop in mind

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Quoting ChiForex

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Gold is going down folks for this week and month, targetting first 4300. There's lot of resistance starting from 4540-50 then 4570-85, while on the downside a base below 4490-95 will be the start of the fall. This view stays sharp unless Gold rises to 4620s and bases above 4640. While a penetration of 4230s will speed weakness... You have the whole big picture now. Enjoy...

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Quoting alireza8088

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Hello dear friends ! The two areas 4180-4185 and the area 4150-4155 are the areas where the price reacts to these two areas and grows upwards, and the first target can be 4195-4205-4215, and finally 4230 is the point where the price can reach !

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Quoting ChiForex

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For today, I'll be cautious folks as we entered a tricky crucial support zone like btw speeding weakness below 4230s then more clear below 4190-95 and bouncing back up for deeper retracement. Also it's very important to monitor price action if the slide continues without retracement might mean a bounce later, again especially with CPI today. Good luck

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Quoting alireza8088

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Counterparts and complements in the financial market ! In the world we live in, everything is based on symmetry and counterpoint ! You have two eyes, two ears, two arms and legs, and ... in your body ! So every body, whether animate or inanimate, has its counterpart ! The same principle exists in society, right-wing and left-wing! It doesn't matter whether you have left or right-wing beliefs, the important thing is that these two principles are necessary for the balance of society ! Just as there is God, there is also Satan! And you cannot deny...

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Quoting alireza8088

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Hello dear friends ! The two areas 4180-4185 and the area 4150-4155 are the areas where the price reacts to these two areas and grows upwards, and the first target can be 4195-4205-4215, and finally 4230 is the point where the price can reach !

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Quoting ChiForex

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Sell Gold 4275-80 TP 4190-95 There's a possibility of targeting up to 4310. Be careful of US CPI crucial news today. Below 4190-95 will continue the fall to 4130s

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