Indecision as Contrasting Events Add to Confusion..
2345 Is Going to be the Zone.
If Respected
Then 2230 Zone or 2265 Zone could be tested in Coming Weeks..
If Broken
Then 2395 Zone could be tested in Coming Weeks..
3 Possible Scenarios Planned Out..
A - Green
B - Yellow
C - Red
In terms of Probability
B>C>A
This Looks More Likely.
Share Your Thoughts in Comments section.
If Respected
Then 2230 Zone or 2265 Zone could be tested in Coming Weeks..
If Broken
Then 2395 Zone could be tested in Coming Weeks..
3 Possible Scenarios Planned Out..
A - Green
B - Yellow
C - Red
In terms of Probability
B>C>A
This Looks More Likely.
Share Your Thoughts in Comments section.
Комментарий:
By the Way..
Just for Sake of Retrospective Analysis.
Gold Bounced exactly from 2278..
Marked in last weekly analysis. Cheers 😊🙏
Just for Sake of Retrospective Analysis.
Gold Bounced exactly from 2278..
Marked in last weekly analysis. Cheers 😊🙏
Комментарий:
Even Softening Labour Market and Dovish Powell couldn't trigger a Rally in Gold.
The small Spike also witnessed Profit booking.
Which clears that Gold Buyers are loosing Interest.
So Better to look for some shorting opportunities as mentioned..
B or C
The small Spike also witnessed Profit booking.
Which clears that Gold Buyers are loosing Interest.
So Better to look for some shorting opportunities as mentioned..
B or C
Комментарий:
Gold preparing for 2345?
Комментарий:
Till the time it's above 2290.
2345 Likely.
2345 Likely.
Комментарий:
SC above 2335
Комментарий:
Remember I had mentioned 2320 as important level..
Observe if Gold takes support around the zone or breaks it
Observe if Gold takes support around the zone or breaks it
Комментарий:
A little error in level on my side.
It's 2310 and not 2320.
It's 2310 and not 2320.
Комментарий:
Pyramiding the Probe around 2315 2310.
Комментарий:
Waiting for clarity..
More Bullishness above 2325 only
More Bullishness above 2325 only
Комментарий:
For now, I'm out of longs
Комментарий:
Probability of C>B If Gold starts trading below 2325 in coming sessions.
Комментарий:
2325
2310
Trending move on either side break..
Interesting, repeatedly tested the 2310 zone, failed to break..
Possible upside..?
2310
Trending move on either side break..
Interesting, repeatedly tested the 2310 zone, failed to break..
Possible upside..?
Комментарий:
Repeatedly being bought, the 2310 zone.
More Bullishness possible above 2325
More Bullishness possible above 2325
Комментарий:
2350 opening up
Комментарий:
Extreme indecision!
Waiting for price action around 2300.
For more clarity.
Waiting for price action around 2300.
For more clarity.
Комментарий:
SC above 2320
Комментарий:
1st 2330
2nd 2355
TP
2nd 2355
TP
Комментарий:
2330 done.
Deadly drop
2355 out of window.
Look for sell on rise..
C>B as of writing
Deadly drop
2355 out of window.
Look for sell on rise..
C>B as of writing
Комментарий:
Unless gold trades above 2330
Комментарий:
2230 could be tested coming week if gold sustains below 2330
Комментарий:
There has been a tectonic shift in the Volume Profile.
Institutional Shorts could have entered at 2330.
Institutional Shorts could have entered at 2330.
Комментарий:
Please do note that I keep learning and some of the learnings could be flawed.
Do not take trades right away.
Only if it resonates with your analysis
Do not take trades right away.
Only if it resonates with your analysis
Комментарий:
Like I said.
A flawed learning. 😌🙏
Although the levels are correct.
A flawed learning. 😌🙏
Although the levels are correct.
Комментарий:
2355 is possible.
Комментарий:
TP3
2365
2365
Комментарий:
TP4
2372
2372
Комментарий:
2355 done
Комментарий:
2365
2372
Both Done
2372
Both Done
Комментарий:
2395
Last Target
I expect Selling pressure from this level
Last Target
I expect Selling pressure from this level
Комментарий:
If Gold rallies beyond 2395, Then Scenario A will be in Play. With next target being 2417.
Комментарий:
If gold starts trading below 2370 and sustains below it, we may be in for some decent fall in coming weeks..
Комментарий:
2372 Decent selling as of end of week from the last week's mentioned level.
2320..