Gold's general overview: Gold was close to
the important #1,895.80 Hourly 1 Resistance
test (Xau-Usd numbers on my focus), as
Price-action was rejected on #1,784.80 -
#1,788.80 configuration, which shows how
slow to recover Gold has become (not taking
Fundamental Buying pressure into account
fueled by Stimulus expectations) and didn't
even engaged full scale recovery / even
though that Bond notes lost the gained
ground. If there wasn't Bearish Bond notes
developments, Gold would be significantly
tower. Stock markets reversing again despite
Thursday's late session dip, DX is Trading
near it's Weekly Resistance - reveals an
Bearish sentiment Gold is Trading on. Even
though my Medium-term outlook remains
Bullish based on fractal analysis of candles,
Yolume and RSI with the period April #14 -
#28 - I am expecting a Short-term pullback
towards the Hourly 4 Support zone first
(#1,765.80 - #1,768.80) as the Hourly
setting was too Oversold approaching the
levels of December #27. I am looking closely
at today's U.S. data to monitor DX
movements, and would instantly Sell the
market on normal market conditions / but as trend has to continue trading within Bollinger bands,
Tuyên bố miễn trừ trách nhiệm: Quan điểm được trình bày hoàn toàn là của tác giả và không đại diện cho quan điểm chính thức của Followme. Followme không chịu trách nhiệm về tính chính xác, đầy đủ hoặc độ tin cậy của thông tin được cung cấp và không chịu trách nhiệm cho bất kỳ hành động nào được thực hiện dựa trên nội dung, trừ khi được nêu rõ bằng văn bản.