As discussed throughout my yesterday's session commentary: "My position: I just Bought #3,345.80 Support potential reversal and my third set of Buying orders are running in excellent Profit calling for #3,357.80 Resistance test extension. This is my last set of orders ahead of CPI numbers today. I will Trade after the news. Gold is Trading in Neutral Rectangle and Price-action will pick a side soon / until then, Neutral Rectangle will always offer Trading opportunities inside."
I have engaged another set of Buying orders after #3,345.80 set of Buying order hitting their Target on #3,357.80, and I have waited for another push to the downside where I can re-Buy Gold and opportunity appeared on #3,343.80 where I went full force set of Buying orders, closing all on #3,350.80 (Profit was already excellent since I had #14, #10.00 Lot Buying Volumes engaged). I am utilizing Neutral Rectangle nicely as advised that I will within my recent remarks. Well done if you followed!
Technical analysis: Gold is delivering decent Neutral Rectangle action but such may be already over due DX once again in continuation of Selling sequence which may add Buying pressure on Gold. Only if #3,339.80 gets invalidated (less likely), I will contemplate Selling the market as at the moment / Hourly 1 chart’s reveals only Buying opportunities. I didn't expect today’s E.U. session movements to be relevant, as I await full Buying confirmation on U.S. session. Current Support zone test is so far unsuccessful.
My position: Indeed I had Selling signals and pointers on my instruments however Selling current Bearish bias on DX can only backfire, therefore I have engaged set of Buying orders on #3,353.80 which are running currently in Profit and will only continue Buying throughout yesterday's session with both Swing and Scalp orders from my key entry points. #3,377.80 is Resistance to monitor if #3,367.80 gives away to the upside.
I have engaged another set of Buying orders after #3,345.80 set of Buying order hitting their Target on #3,357.80, and I have waited for another push to the downside where I can re-Buy Gold and opportunity appeared on #3,343.80 where I went full force set of Buying orders, closing all on #3,350.80 (Profit was already excellent since I had #14, #10.00 Lot Buying Volumes engaged). I am utilizing Neutral Rectangle nicely as advised that I will within my recent remarks. Well done if you followed!
Technical analysis: Gold is delivering decent Neutral Rectangle action but such may be already over due DX once again in continuation of Selling sequence which may add Buying pressure on Gold. Only if #3,339.80 gets invalidated (less likely), I will contemplate Selling the market as at the moment / Hourly 1 chart’s reveals only Buying opportunities. I didn't expect today’s E.U. session movements to be relevant, as I await full Buying confirmation on U.S. session. Current Support zone test is so far unsuccessful.
My position: Indeed I had Selling signals and pointers on my instruments however Selling current Bearish bias on DX can only backfire, therefore I have engaged set of Buying orders on #3,353.80 which are running currently in Profit and will only continue Buying throughout yesterday's session with both Swing and Scalp orders from my key entry points. #3,377.80 is Resistance to monitor if #3,367.80 gives away to the upside.
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.