Gold selling seems exhausted. Buyers are coming in

Panjang

Emas Semerta / Dolar A.S. (FX:XAUUSD)

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FX:XAUUSD Emas Semerta / Dolar A.S.

Last year in May I published a level I am interested in on Gold. We have been flirting around it for some time. I am adding. Blue is a buy zone.

Gold: Approaching Demanded Level (XAUUSD)

Komen:

My intra-day view on the chart is bearish tone, but a buyer of dips.

The current price action leads me to believe something like this will happen. Support could however be deeper than indicated.

Komen:

long active at 1183

Komen:

Great rebound off 1183. Now above first level resistance. A break above ¨bullish break¨will be very healthy. I reiterate, I am long from 1183 with a substantial amount of leverage and am also long NUGT (triple leverage gold miner ETF).

Komen:

Market timing 101

Targets - 1260, 1300

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