Another manipulation.

Gold with No Drama

If 4200 dont hold i see gold at 3960 support .From this support we start the big bullish to 5600 last time

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USOil spike higher gold drops.

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That demand,supply zone its important at 4450-4500 to 4520 to accumulate there for a bigger picture bullish ,otherwise i don't see more bullish momentum.

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As the oil price increase ,the inflation increase and central banks selling gold and buy the dollar.When there is a low inflation Fed cut rates and central banks buying gold(meaning the dollar loosing the value),they spend more then afford and ...

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Watch closely 4555 and 4593 red lines if we form a double top at 4590-4595 and reject here we might go deeper to 4230-4360. The gold needs to consolidate at supply,demand area 4460-4500-4520 if we want a bullish to 4800-4900 target as you will see ...

Gold with No Drama

Gap up at $ gap down at gold will be lets see .

Gold with No Drama

Next 2 weeks .Well the market either holds the supply zone 4460-4500 before we bullish to 4800-5000 .Or either we gone go lower to 4200 .Until now we don't have yet a bullish momentum we only have a bullish reaction to the upside to 4740. Keep an ...

Gold with No Drama

Be careful here at this support if we form second leg meaning a double bottom for a bigger bullish.

Gold with No Drama

My next 4205 last support if this is broken we should see lower prices.If we hold we should expect a move towards to 4800-5000

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I see sellers step in at 5730-5740 and 5660 .We have a nice red candle rejected to the downside at 1 hour chart .Be careful with the buying. The gold bearish still there . We need to see a double confirmation bottom at 4 hour chart to prove we are ...

Gold with No Drama

If the 4660 break under im expecting lower today and monday to 4260-4460 before we start bullish for real .

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Marked with new resistance 4664 .We need to hold over 4664 to continue bullish if not we will continue deeper bearish.

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4550 should hold if this support breaks .

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Dont see any impulse from buyers .Told you few days ago with the buying .If you dont see any impulse from buyers at 4600 keep selling to 4400 .The best way wait until the market settled until Friday with one hour before reset . If we loose ...

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As long we don't hold 4860 i will keep selling .Marking 2 resistance area 4862 and 4987 with yellow line.

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You wanna see a big rejection after a big drop and we don't see that meaning buyers are not here at 4800 . Buyers are between those yellow line any big rejection will prove that .Thats way i said is risky yet to buy it .

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Look at this staircase can trigger a huge sell tomorrow if USD-Jpy dont hold 160 price .If this holds 160 next is 180-200 target .Its all about BOJ they take action or not .

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Only buy if i see the price drop between these 2 yellow line .You guys good luck .

Gold with No Drama

Wait for the market to calm down until Monday

Gold with No Drama