For me Gold will wait for any Iran news. If they sign a deal or say the final draft looks good it will go to 4650. If they say like always no deal without uranium in Iran or Iran controlling the strait it will break out to the downside. Be patient and carefull! Trade safe guys they are playing with us! {image}
Ignored
Given latest development, I don't see peace deal anytime soon ...but as always there will be tweet or press conference saying the deal is near to manipulate the market which has been going on quite some time now
{quote} I know right? I wonder what's behind that move. Does anybody have any idea?
Ignored
It was a H 4 zone from yesterday's NY session that had to be tapped it's also Friday so Friday manipulation in Asian overlap to London. Close to 300 pips in 6 minutes or something
Fundamentally speaking, US 10 Year Yields are poised to the downside on the (Daily) Aswell as the US DXY. VIX On the 4H Has begun slowly showing signs of an increase in Gold and SP500 is beginning to show signs of a bearish reversal, so if we were to talk through fundamentals, Gold is poised for a bullish move to the upside. Technically speaking, 4511.25 is My Minor Bullish Correction (Can become Major) with the invalidation at 4488.23 And the Biggest Possible Bullish Reversal point is at 4540.58 with an invalidation at 4453.60. (Note that all my Key-Levels Are All In Effect Even When Level Is Broken Until Invalidation.)
