That down move to break 1777 seems to have been a false break. Time to see some Dec-Jan bullishness perhaps?

Gold

That definitely looks like a push down to break the 1777 support that has been holding for the past day or two. I'm expecting price to continue lower and keep up with the momentum down. Failure to hold onto 1762 support level will ensure we see 1725 ...

Gold

Like I said, it's coiling up now. I didn't say it's breaking out now. It's going to have the liquidity coming in to break really soon.

Gold

Gold is coiling up again. Ready to rear its ugly head. Get ready for a breakout move soon.

Gold

Looks like we have some decent price action for buyers to get into next week. At this point we have the previous consolidation range support around 1784 to break into and then we'll have to hunt 1798 > 1808 > 1813 levels again. I'm still eyeing that ...

Gold

Well, I won't say they're exhausted considering we've formed quite a few lower lows. But I feel that if you look at the daily, gold should give some form of retracement. But I find that I always repeat this about gold and go nowhere because gold ...

Gold

Gold is always sus... Yet I guess the volatility is why people love it.

Gold

Yeah I am also expecting seasonal bullishness for gold but not with the current price action. Going to just sit around and wait until I see something good to jump in on. I see you go for a rather large position for a quick scalp in markets, feels ...

Gold

Looking forward to your cookies, as long as they aren't browser cookies

Gold

Looks like gold wants to see that 1762 level after all. Watch out for any knife through butter price action, we might end up even lower. Daily is approaching oversold territory slowly, I'm not sure if we have any wings to tap into 1726 but it is a ...

Gold

Well, sorry you felt that way. I don't really understand what he is trying to refer to with that analogy anyway but I don't think there is a need to feel bothered. There are hundreds, if not thousands of ways to be profitable. If he is profitable ...

Darkangels pips hunter

Well from what I've noticed, he generally looks at points of reversals to trade off of. I do not understand the concept of 123 or wolf waves or whatever other names there are. I only stick to price action. But based on 4H and daily for GBPJPY, I do ...

Darkangels pips hunter

Looks like NZDUSD is showing some bullish price action breakout on the 4H chart with a retracement happening right now. Daily also looks good for a bounce back.

NZD/USD

Jerome Powell decided that he is finally in the hawkish bandwagon. USD had a sharp spike after his speech with all USD related pairs falling against USD. Gold has broken past 1784 and into 1775. Next support level lies at 1762. Still looking for ...

Gold

Based on 4H chart, 1784 is still holding up. Will like to see prices close below 1784 for another leg down or close above 1811 for another leg up. Breaking 1784 will probably give us another test of 1726 region again. However, there has not been any ...

Gold

Looks like we have some strong rejection at 1807. Friday being Friday. Going to just sit out and enjoy the weekend. No point catching tails that may not bear fruits.

Gold

Hourly candle smacked straight into 1807.91 which was a line of resistance and support that has seen tests back in August throughout September and October. It is starting to look a little overbought on smaller time frames but sometimes gold just ...

Gold

We broke out of 1795, current hourly candle making a decent push out of 1798 region and breaking back into 1800. 38.2 retracement currently lies at 1816.17, but I don't really see much there to hold it down. We could be starting to form a high of ...

Gold

1798 region now turning into resistance once again. With the discovery of a new variant of COVID, I would be expecting gold to be going up but it seems that market expectations are still eyeing FED tapering. Buyers are definitely starting to come in ...

Gold

Gold has a tendency to consolidate for a bit after such big moves. 4H price action has shown some buyers coming back in but effectively would prefer to see a close above 1796 first and price not closing below 1783. I've been managing to take some ...

Gold