Only Gold!

Time to go 1300 again as this is extremely strong support and likely to hold....

Who knows, it has been supported well at this current level, However 1170 could be on the radar
What to look for?

Shorted gold at 1175 on the nice retracement we got before London session

And on the radar it was, now the question remains, retracement or reversal?

I would close that position if it were me, but who the hell am I, major technical level next likely move is to the upside

Also big rejection candle on the 4hr but bear in mind the created during the asian session

shorts incoming on gold, we should get a good trade within a day or two.

fresh look at #GOLD (Daily chart) after consolidation at the price level (M30 1225.31) and attempts to break through the trading price zone, the price will still tend in the direction of growth to the level (H1 1272.24)

https://thumbs2.imgbox.com/35/47/ajY8fBV1_t.jpg

maybe or not ?

Buy gold for 1254 target

Gold looks good for south starting from tomorrow.

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1301.71-1298.31 and it is going to the target zone №2 1317.01-1315.31. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1281.53-1279.83. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation:

It’s recommended to try to have a long position near the control resistance zone 1281.53-1279.83 (187 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.
The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

Target zone:

Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone – the half from the target zone
Resistance zone – the quarter of the target zone

Review GOLD 01.02.2018



Medium-termtrend: Bullish
The bull market is continuing. The price has already reached the target zone №1 1317.01-1315.31 and it has been fixed upper the zone. The probability of reaching the target zone №2 1335.71-1332.31is about 70%. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone1309.26-1307.56. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation:
It’s recommended to wait until the price will go to the resistance zone 1317.01-1315.31or to the control resistance zone 1309.26-1307.56 (187 points from current maximum) and we should try to have a long position near the zones with using the pattern «Head&Shoulders» at least on timeframe M15.
Thecontrolresistancezone and the resistance zoneareconstructedfromthecurrentmaximum. If this maximum changes by n pointsthe zones should also be shifted n points up.The risk/reward ratio for every order should be at least 1/3.
All zones are constructed on the basis of data from the CME futures market.

Target zone:
Internal border – Maintenance margin size in points
External border – Initial margin in points

Control resistance zone ¬¬– the half from the target zone
Resistance zone – the quarter of the target zone

If you still hold then good.

On monthly there's massive trendline ,tested last few months. Target unknown but 1500 maybe

Possible to see a move higher at this current range of the price on Gold

Hello Everyone,

I hope I have a view by late London morning, would share if any by then.

Went Long U/J, view for Gold is Short.

As visible in TE.