Gold daily plan and analysis

[Skoljkica]

Let's see what news will do.

1790.69 50% Month Support/Resistance
1797.79 100% Week Support/Resistance
If resistance down to 1726.26
If support my buy will be at 1810.46
1. target 1825.77
2. target 1851.48

 

[Skoljkica]

18.6.2021.

Sell at 1797.79/1795.83
TP1 1777.29
TP2 1724.26 (it is a big move, but realistic since it is Friday)
SL 1802.00
Let's see how will it play.

 

[ForexWarrior2020]

Nice sell opportunities last week. Interesting to see if it retraces this week

 

[Skoljkica]

Yes, there were nice sell opportunities last week.

1724.26 is still not reached so as long as price is below 1782.44/1795.65 I will sell.
Support lines/targets on the way are:
1797.66
1755.62
1741.08
1724.26

Above 1795.65 buy
Targets:
1817.03
1825.77

 

[Skoljkica]

22.6.2021.
Possible pullback up to 1782.44/1783.44 where I will reload short if reached.
Otherwise sell at 1776.32
Targets/support lines on the way:
1767.66
1762.84
1755.62
1735.88
1724.26

Above 1795.65 buy

Note: D1 is overstretched in sell, it fulfilled its monthly range.
If price reaches 1724.26 I will look for an opportunity to buy.

 

[Skoljkica]

23.6.2021.

D1 entered buy mode
H4 still in sell mode

Above 1784.17 buy.
Targets:
1790.69
1795.65

Below 1782.44 sell
Targets:
1774.27
1767.66
1755.62
1724.26

 

[Skoljkica]

24.6.2021.

I'm still selling Gold.
1782.44 (76.4% Fibo Week Resistance) is my sell entry, acting as a resistance this week.
Targets:
1774.27
1769.54
1755.62
1724.26

If price breaks 1782.44 upwards, it could go up to 1790.69

 

[Skoljkica]

Price is in the range 1786.20 (support line) and 1782.44 (resistance line)
Above it buy, below sell according to the plan.
First resistance line 1790.69, potential target 1823.64/1825.77 for buy.

 

[Skoljkica]

28.6.2021.

Selling pressure still there
My sell is at 1782.75- still targeting 1724.26 until the end of the month
Support lines on the way:
1775.70
1771.14
1764.62
1750.03
1742.70

 

[Skoljkica]

30.6.2021.
Last day of the month.
Will 1724.26 finally be reached? I think so.
Price shouldn't go above 1758.10 anymore (maybe one push as a SL eraser)