As long as 1223 holds intraday gold is ready for 1240-1247.
If not then a correction to 1214. Keep in mind if 1223 is broken downward by 1$ then gold is to reach 1214, if not today then Monday, but 1214 become target anyway.
So watch for up move anywhere above 1223 or break it and go down.
If not then a correction to 1214. Keep in mind if 1223 is broken downward by 1$ then gold is to reach 1214, if not today then Monday, but 1214 become target anyway.
So watch for up move anywhere above 1223 or break it and go down.
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If gold come closer to 1223 it is reasonable to long with stop just 1222.
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Since gold broke pivotal sentiment level upward, I do think 1230 will be broken upward as well and gate to 1240ish will be open.
Friday can be a Flyday, who knows.
Friday can be a Flyday, who knows.
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If Price hit 1231.6 then it is a confirmed break and Gold targets both 1240 and 1254 confirmed targets ( not intraday ).
I did some profit taking yesterday and I have only
1200,1206,1208 3 big entries left. Other entries that I said before are closed.
Good Luck.
I did some profit taking yesterday and I have only
1200,1206,1208 3 big entries left. Other entries that I said before are closed.
Good Luck.
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Per my rules 1230 is broken and Gold targets 1240.
Can it happen today don't know, and doesn't matter.
Can it happen today don't know, and doesn't matter.
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Gold will be a sell on Monday. Which is normal after 30+ dollar rally we need correction. But don't forget 1240 is a target so when gold come down we will add to our winners ( our long positions )