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  • #96,701
  • Jun 14, 5:07pm (22 hr ago) Jun 14, 5:07pm (22 hr ago)
Today, we'll wait to sell Gold as high as possible due to fundamental reasons as you know seems the unnecessary disgrace deal btw the US and the iranian regime would be signed.
Looking to sell at 4330-35 for TP 4245-65. SL is as always at a base above the sell price, though 4360-70 is a resistance zone too. Above there is a no play zone until 4400-20.
On the downside, if bears can break and base below 4240 that'll mix the big picture towards possible deeper fall.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #96,702
  • Jun 14, 5:36pm (21 hr ago) Jun 14, 5:36pm (21 hr ago)
Quoting ChiForex
Today, we'll wait to sell Gold as high as possible due to fundamental reasons as you know seems the unnecessary disgrace deal btw the US and the iranian regime would be signed. Looking to sell at 4330-35 for TP 4245-65. SL is as always at a base above the sell price, though 4360-70 is a resistance zone too. Above there is a no play zone until 4400-20. On the downside, if bears can break and base below 4240 that'll mix the big picture towards possible deeper fall.
For buyers, I'll focus at the 4240s for TP 4290-00 SL a base below the buy price.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #96,703
  • Jun 15, 4:17am (11 hr ago) Jun 15, 4:17am (11 hr ago)
Quoting ChiForex
Today, we'll wait to sell Gold as high as possible due to fundamental reasons as you know seems the unnecessary disgrace deal btw the US and the iranian regime would be signed. Looking to sell at 4330-35 for TP 4245-65. SL is as always at a base above the sell price, though 4360-70 is a resistance zone too. Above there is a no play zone until 4400-20. On the downside, if bears can break and base below 4240 that'll mix the big picture towards possible deeper fall.
I'll watch today's daily candle first. Then, starting Tuesday, it'll be one kill, one shot. For now, the market looks bullish to me and could move up to 4363, then 4475. I don't have any selling plan at the moment. Once the market reaches 4363, I'll see what kind of structure forms and then decide the next move.
  • #96,704
  • Jun 15, 1:08pm (2 hr 13 min ago) Jun 15, 1:08pm (2 hr 13 min ago)
Quoting ChiForex
Today, we'll wait to sell Gold as high as possible due to fundamental reasons as you know seems the unnecessary disgrace deal btw the US and the iranian regime would be signed. Looking to sell at 4330-35 for TP 4245-65. SL is as always at a base above the sell price, though 4360-70 is a resistance zone too. Above there is a no play zone until 4400-20. On the downside, if bears can break and base below 4240 that'll mix the big picture towards possible deeper fall.
Folks..as expected after 4330-35 held well, later on 4360-70 held too.
Keep on holding your sell orders as next daily candle wouldn't have a higher resistance and we might get a neutral to bearish daily close today, that can be followed by a retrace down tomorrow.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #96,705
  • Last Post: Jun 15, 1:12pm (2 hr 10 min ago) Jun 15, 1:12pm (2 hr 10 min ago)
Quoting muzamil9
{quote} I'll watch today's daily candle first. Then, starting Tuesday, it'll be one kill, one shot. For now, the market looks bullish to me and could move up to 4363, then 4475. I don't have any selling plan at the moment. Once the market reaches 4363, I'll see what kind of structure forms and then decide the next move.
Dude instead of watching!! you could have sold since early trading hours today at my said 4330-35 and earned ~30 pips then sold again at my 4360-70 and earned way more or even still held it for a deeper retrace later.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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