Gold on aggressive upside continuation

Technical analysis: Gold is showing increasing Buying presence on Monthly chart as it is virtually unchanged (the #1M candle at # +9.02% currently) as Price-action is on parabolic uptrend within April’s High’s and February Low’s. This has effectively constructed an series of green candles on Daily chart hence the Bullish values on Hourly 4 chart which was an ideal Buying opportunity for Short-term Traders however for Sellers, Gold is struggling to stage more serious correction. Personally I remain on Medium-term Buying set-up as Weekly chart (#1W) remains heavily Bullish (#1W chart on (# +3.27%)) indicating that the latest consolidation was simply another accumulation and distribution phase of Bull market.


My position: My Medium-term Buying orders (#3 Buying orders from / engaged at #3,052.80 benchmark breakout) each #3.5 Volume are currently on excellent Profit as I will look to close them as near as #3,152.80 benchmark. On the other hand, I am successfully Buying every dip lately and my last order was yesterday's session #3,110.80 Buy which was closed in Profit. Keep Buying every dip as I advised many times on my recent remarks.