Gold with No Drama

Didn't happen but is now support. For how long, is the question because bears are still lurking around

been following your analysis.... made good profits

Daily is testing 4472 inside a range that failed breakout, same happen yesterday in H4, but only daily can really confirm.
We are at 4h mid point of one at the moment, at 50% move yesterday close, many confluences to go bearish not based in beliefs, but in a range there are no bias so caution...
A test have two faces of a coin, but if reject is expected go to 4250 like yesterday low of the range or mid point....
Personally i will not make trend trading in the incoming days and the reason is range...
Gone again... hopeful don't need come here again explain the diference between beliefs and trading.
Safe trades...

closing this one now at 4453

closing this one now at 69.64

i also took that

Gold Possible Movement
Gold is currently trading around 4435-4440 and showing a weak bullish retracement inside a broader bearish structure. Price is struggling below the 4430-4490 and respecting the descending trendline indicating sellers are still in control.
The recent move looks like a pullback after a lower low and unless price breaks and holds above 4500 the bias remains bearish. A rejection from the current area could trigger continuation toward 4250 and below aligning with the projected downside move.
Key Levels to Watch:
- Resistance: 4450-4490 and 4550
- Support: 4380 and 4240-4250
Above 4500 = Bullish Shift Possible
Below 4380 = Bearish Continuation

good morning

daily range by DeMark’s R1&S1
4460.90 - been tested by asia
4267.75

4425.10 is a middle of daily

imo, that’s enough to get the picture..,
or up.., to break 4460-85th area for 4600th and higher
or down.., under 4420th to 4230th(??!)

so, i do imagine two thousands pips move for today’s friday..,

happy trading

"out of topic"
crude
M30, this week


'd like to highlight how crude printed DPPs yesterday.., after.., you know what i mean

quite simple pattern.., just to choose "to fill" in direction up.., or down

SELL...green pips

Watching pa , very strong bull failed but standard bull set up still very intact and may waiting for action as on as support still. So bottom formation likely next weeks before try bounce again !!care

Close hegde ....back ro origin plan

Or close all if getting nasty...

Fryday with no red news, still good for potential break out, for now i am still selling

time arrives to find out what is right gold price

H4, VP.., this week


this VP chart shows it as 4423

I refuse to sell gold until it achieves a 4r close below 4350.

Have fun, target reached, it is sideway day, i dont care this, still looking for next week

4365

TP...done