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Gold with No Drama

That is never true with Gold, no matter what the fundamental (world) situation.

Gold with No Drama

I am going to disagree with with this as there is a huge imbalance around 4100. I think Gold is headed down there now and will get there in the not to distant future.

Gold with No Drama

all markets closed for Good Friday.

Gold with No Drama

Something interesting to look at and speculate about... For those who like head and shoulders patterns, there's kind of one on the 4 hour chart. image The target when price breaks the neckline, which it did today, is usually the distance that the ...

Gold with No Drama

Buy and hold over the weekend. High chance of a big gap up when market opens next week! (not financial advice).

Gold with No Drama

Gold almost always attempts to fill these kind of wicks.

Gold with No Drama

It looks like Trump may hit Iran this weekend. Looking for a gap up next week.

Gold with No Drama

We need approx 4332.50 to close the gap...

Gold with No Drama

Gold almost always goes back to hit missed pivots. Tuesday's missed pivot is around 4435.88 So this is a realistic target for today.

Gold with No Drama

In a Commitment of Traders (COT) report, a change in the long position indicates the difference between the number of long contracts held by a specific trader category (like commercials or non-commercials) in the current week compared to the ...

Gold

With the latest COT report, more longs have been added in one week than I have ever seen. My guess is that gold will be headed up to an ATH very soon, maybe this week. image

Gold

I expect Gold to eventually come down during London session to the pre Asia low area around 3050 before making another big run up Friday.

Gold

Shanghai session is 11:00 PM till 3:00 AM EST. Then London open starts.

Gold

If 2700 breaks, 2701 is next...

Gold

The COT data shows the big boys have been loading up on longs and now we have the most big boy longs of all time. image My opinion is that we are headed to all time highs over 2500 soon, probably this week.

Gold

A lot of chatter that Israel will strike back Iran in the next hours. Rumors always drive Gold up.

Gold

The drama is just beginning and Gold going down big is highly improbable in my opinion. Up is much more likely -- and there is lots of liquidity up.

Gold

Besides potential escalation of war in the Middle East which will probably drive Gold up... Gold almost always attempts to fill a wick, so I'm thinking an attempt will be made on last week's weekly wick (so more up movement). Gold challenged a 40 yr ...

Gold