Gold daily plan and analysis

[Skoljkica]

D1 entered sell mode, but there is still room for up movement.
I have a pending sell at 1881.08.
If price retests it and can't hold, my targets are 1871.33 and 1865.88 (there is nice cluster support)

If price is finding 1880.56 as a support, I will look for sell at 1890.79, 1895.68 1902.63 and 1909.18

I also see a possibility for 1839.89 to be reached until the end of the week.

 

[Skoljkica]

Yesterday and on the market opening 1880.56 acted as a resistance and almost reached my first target 1871.33
Now I see it as a support which could push price up to 1890.79/1902.63/1909.18 which are my targets for sell.

 

[Skoljkica]

If price can't break 1883.98, daily resistance, I expect selling pressure to start.
Otherwise, first plan stays.

 

[Skoljkica]

1909.18 on the way.
My sell stays there, with TP 1887.32

 

[Skoljkica]

27.5.
Still shorting.

I'm looking to short at 1898.16
Still hunting 1887.32

Note: price has a space to go up to 1902.63/1906.51/1909.18, resistance points where I will also sell if there's an opportunity.

TP1 1887.32
TP2 1861.38 until the end of the week.

SL tight

 

[Skoljkica]

Good day to all.

My short is at 1894.28, possible more up to 1895.68, price shouldn't break it anymore (except one push to erase SLs).
1. target 1885.27
2. target 1880.56
3. target 1871.33
and possible 1861.38

 

[Forexathome]

Great to see your trading in action. I don’t trade gold personally but awesome to see someone knowing their market.

 

[ForexWarrior2020]

You are all welcome to discuss and write your analysis and predictions here.

Perfect thanks im going to look into getting in this pair soon

 

[Skoljkica]

31.5.
Bank holidays everywhere, last day of the month.
I'm not going to trade, just prepare myself for tomorrow and next month.

 

[Skoljkica]

Great to see your trading in action. I don’t trade gold personally but awesome to see someone knowing their market.

Thank you.