Hello Friends, I'm back with another gold analysis.
Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008.
*Note that level 37 was tested yesterday and it would be second time being tested if price gets there.
Today's news will give energy to the market for next move so as always do your own assessment and analysis before taking any trades
*Be honorable
Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008.
*Note that level 37 was tested yesterday and it would be second time being tested if price gets there.
Today's news will give energy to the market for next move so as always do your own assessment and analysis before taking any trades
*Be honorable
Komen:
Price is breaking through level 30 supply
Komen:
market is expecting us session for a direction
Komen:
another trial to break resistance
Komen:
reacted to 37 and went down
Komen:
200 pips from level 37
Komen:
Sell from level 37-13, wowwwww
Komen:
Aggressive sellers still in the market
Komen:
There you guys reversal from level 12
Komen:
60 pips so far
Komen:
Going for 2008 level
Komen:
look for level 23-24 for a sell
Komen:
market missed 2008 level and jumped up
Komen:
reaction to 23 level 60 pips in profit
Komen:
beautiful movement to downside from 24 level
Komen:
100 pips from 24 - 14 has been gained
Komen:
next level for a short trade would be around 31
Komen:
reacted to area 31-34 going down
Komen:
31 to 25 = 60 pips so far
Komen:
beautiful reaction to level 37 , 80 pips in profit
Komen:
going for level 47
Komen:
from 47 to 30 170 pips has been gained
