gold

Good morning, Since gold is coiling near minor 2330 support level, we suspect that upside pullback might be a bit higher:

Good morning, Although gold has returned back to lows around 2330 support area - we wouldn't hurry up with a new short position taking. The way how gold performs right now is not very typical for bearish market. So, retracement could continue:

Good morning, Patterns that we see on other markets, such as EUR, Dollar Index and 10-year bonds suggest that downside continuation on Gold could start earlier, prior it hits 2373 upside target, set yesterday.

Good morning, Golds starts the bounce that we've discussed in weekend, so we consider 2372-2375$ level as a possible upside target. Once it will be done, theoretically we should get chance for short entry as daily context remains bearish:

Good morning, Gold now has a lot of potential trading setups that could be formed in nearest 2-3 weeks. We start with monitoring of possible upside bounce from current level due to potential bullish intraday patterns and consider 2375-2387$ range as potential target:

Fundamentals This week is a reflection of the previous one, as we have more political events than economical. Last week was the opposite situation. Politicals events only called as "political". In fact they have direct relation to gold market performance. Additionally to the Fed minutes, that...

Good morning, Gold performance suggests solid bearish background, so we consider Double Top pattern on daily chart and watching for 2100$ level as potential downside target. This might be the real gift as our long-term view is bullish:

Good morning, Hawkish Fed minutes protocol pushes gold lower, which is not bad for DRPO "Sell" potential pattern on weekly chart. Meantime we're going to daily oversold level at 2350 where potentially some other patterns of smaller scale might be formed:

Good morning, Gold is too stubborn to suggest immediate downside retracement. Of course, we're keep watching for the same 2400$ and 2365$ support areas for potential long entry, but it seems that they have not too good chances:

Good morning, So, Raisi murder has triggered upside reaction on gold that destroyed daily butterfly pattern. Now price is overbought on daily chart and we watch for pullback to $2400 and/or 2370$ areas first:

Good morning, Gold is too overextended right now which makes dangerous any new purchases. So we have no choice but wait for proper entry point. We intend to watch over 2433$ level first for possible downside reaction:

Fundamentals The world is falling apart guys. I'm speaking not about some catastrophe but directly about falling on parts. Recent events very evidently show this - Fico incident, Putin visit to China, Iran-India agreement. All these moments point on starting fragmentation. This once again...

Good morning, We're keep watching for butterfly pattern on daily chart and would be happy if we get chances to enter around 2320 - 2340 intraday support levels:

Good morning, Our Gold target at 2390$ has been reached. So, now we have to change the scale and turn to larger time frame. the major question is whether gold will keep going higher or still will show some pullback:

Good morning, Gold accurately goes with our trading plan. Now we're watching for CPI release and keep an eye on 2380-2400 target area:

Good morning, Gold shows upside reaction from our first $2335 area. If it appears to be just short-term, the next level that we're watching for potential long entry is 2315$. * I"ve missed a bit in the video - not CPI, but PPI of course today.

Good morning, Gold keeps bullish context, so we intend to watch for 2345 and 2330 levels for potential long entry again:

Fundamentals As we've mentioned yesterday, there were no big events this week, especially gold specific events. But the progress of existed factors that are supportive for the Gold market and some political events tell that we're on the right course. It is amazing how very small event could...

Good morning, Gold has made the action that we've expected in previous 2 days. We consider 2372-2380$ as the nearest upside target.

Good morning, Gold shows light bullish sentiment, showing slow upside performance. Thus, we're keep watching for 2335 level as nearest upside target by far: