Before the news, gold will probably shoot up. If not then I will stay out. I marked my entry, stop loss and take profit. After the price reaches 2010, I will cut half of my position and roll the stops. Cheers
Gold sell idea. Entry: 2046.30 Stop loss: 2052.50 Take profit: 2020.00 Explanation: Given the outcomes of the Wednesday's Fed and Friday's NFP, Dollar set the bullish sentiment for the month of February. I'll be looking for shorts for the whole month ahead, starting with Monday 2046.30 sell limit. Reason for entry: Retracement from Friday to create a new...
Reentry on gold Same bias. Stop loss 2064 Entry 2054 Take profit 1986
Short Meltdown Incoming!!! Entry positioned in London High, which turns out to be NY session Fibonacci point, also alligns with classic Fib retracement Golden zone. Stop loss above daily high. Profit target from 2020s and lower. From my fundamental part of analysis, my take is that Fed won't cut the rates and that press conference as Fed statement might be very...
Sellin gold now with my short bias to break 2000s today. Entry: 2017.50. Stop loss 2024.00. Take profit 1998.00. Enjoy!
This is my view on gold. Firstly, Asian session raiding NY lows into 2015, then rebound through LDN session to 2033-2034. Finally we ride down from 2024 to our target 2000.
I am placing a sell limit on Gold at 2023.00 with stops at 2028.50. My take profit is 2000.00. I think the Gold will eventually hit 1998 this week and then decline further.
Next move analysis on Gold. I'll be taking a short position at 2028.60, stop loss 2035.00 and my take profit 2015.00. I expect for Gold to drop even further below 2010s.