Gold with zero drama! | Page 2 | Metals Mine

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Gold with zero drama!

  • #21
  • Jun 5, 9:25am (8 hr ago) Jun 5, 9:25am (8 hr ago)
4345 first support & 4150 major support
Positive pips to All
  • #22
  • Jun 5, 11:46am (5 hr ago) Jun 5, 11:46am (5 hr ago)
Well I missed the whole move after the NFP, but no regrets, I spent a quality time with the family and kids in the pool.

Currently PA is in no man land for me, closest support for me is 4279, IF pa gets their i might attempt a long
  • #23
  • Jun 5, 12:26pm (5 hr ago) Jun 5, 12:26pm (5 hr ago)
Friendly reminder to everyone, I would not recommend holding shorts over the weekend, there are indications that a peace deal between US & Iran might be signed in the weekend.

If this happens, gold will rally and probably the market will open with a gap.
  • #24
  • Jun 5, 1:16pm (4 hr ago) Jun 5, 1:16pm (4 hr ago)
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mannnnan
  • #25
  • Last Post: Jun 5, 3:38pm (1 hr 55 min ago) Jun 5, 3:38pm (1 hr 55 min ago)
Alright market is closing, time to analyse and strategise for next week.

Gold is overall bearish, no signs of oversold on weekly and daily while 4hr is slightly oversold, no signs of exhaustions on 1 hr and 30 mins, unless we receive a huge news in the weekend (scale of a peace deal), the probability is continuation of the bearish momentum, I mark 4279 as the first support.

Im flat for the weekend.

Wish everyone a restful weekend, enjoy it
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