Gold daily plan and analysis

[Skoljkica]

10.6.2021.

Price found support at 1877.01, let's see how big pullback will be, maybe up to 1891.35?
I still expect 1872.85 to be reached, maybe even 1862.67 where buy accumulation should start.

 

[Skoljkica]

Protective sell SL hit, 1872.85 acted as a support.
Opened buy at 1883.42 with TP 1901.46

 

[Skoljkica]

14.6.2021.

Strong selling pressure still continues.
If price breaks 1857.13 and finds it as a resistance sell down to 1830.97
Price could be in a consolidation between 1857.13 and 1851.48

 

[Skoljkica]

15.6.2021.

H4 entered buy mode yesterday after finding strong support at 1851.48/1845.18
I expect D1 to enter buy mode tomorrow as well.

Today price could go up to 1880.78 or 1892.49 where it will fulfill its daily range.
Buy entries: 1857.13/1862.98/1864.15/1868.48

 

[TheNewbieTrader]

Should see some upside today I think.

 

[Skoljkica]

Should see some upside today I think.

Do you have any plan, where could price go, what is your target, SL?

 

[Skoljkica]

Let's see can news push price even higher than 1892.49.
I'm expecting 1905.16

Note: still need to watch carefully how price acts at 1880.78/1892.49 if reached

 

[Mila2710]

But not today.

 

[Skoljkica]

17.6.2021.

Selling pressure is still strong.
If selling continues, my sell is at 1802.87
Targets:
1797.79 which is support/resistance line
If resistance my target is 1726.26, maybe until Friday, let's see.
If 1797.79 is support possible up to 1838.81 or 1851.48

 

[Skoljkica]

Possible pullback up to 1818.30 as a better sell entry.