BlueSec
PremiumI am shorting the gold at 2624, with SL at 2630 for now, TP at 2617. will take all out..
Gold is grinding higher all night long.. Gave us the opportinity to short!! Targetting 2608 and 2597..
I am looking to take a short around 2588 area. Hopefully it will get there before falling to 2560..
I am watching out for 2561 area for next long entry if it were to fall down to the level.
There is a probability of reaching buy level at around 2576 area. I don't like the move that happened during overnight session, it;s weak and we may see spike down to the 2576 level before going higher. I also don't like that fact that it may be choppy during US session open and I would say still until after the US open..
Few levels to watch out for a bounce!! long side - 2550 and 2543 short side - 2566
Most likely the price will come down to 2570 area!!! I am not taking any trade during this time!!!
There are few opportunities for selling gold if it get's there in the next few hours... Ignore if it's after few hours, close to FOMC. 2582 & 2587
We had a real nice bounce at the 2570 area earlier today.. The next area I will be watching for a bounce is at 2560.
Finally, it broke down.. I am going long at 2560.. Hopefully, it will pick up my longs!!!
Next sell level is at 2587 area. There is FOMC tomorrow, price is little jumpy and erratic.. I would be extra careful!!
There are couple of long levels I will be watching closely!! 2570 & 2559.. Currently, 2578 level is holding.. There is also a possibility that it may not break below 2578, and goes higher from here!! Gold is due for a little pullback, but not until this weeks FOMC. I will try to look for selling opportunity only after the FOMC meeting..
Gold is grinding higher.. there is a possibility of reaching the 2596 area!!
Look like it may not get down to 2570 today!! I am going long here at 2578 with a tight SL. If I stopped out, I may get back in again around 2570 area!!
I am looking to short the gold at this level.. I think it's due for a little pullback, hopefully before the market opens!!
Levels to watch out a bounce throught the day today!! Hoping to get to these level by market open..
I am hoping for a little pull back before heading higher!! A little more push higher can take the price down...