Gold might continue to consolidate before next trending move.
Range is Huge.
Even Consolidation may provide decent Trading opportunities.
2330 is again going to be the crucial zone
Below 2330,
2275 zone could be tested
If 2330 is respected, 2390 zone could be tested.
Rest Of the Analysis on Daily Basis
Range is Huge.
Even Consolidation may provide decent Trading opportunities.
2330 is again going to be the crucial zone
Below 2330,
2275 zone could be tested
If 2330 is respected, 2390 zone could be tested.
Rest Of the Analysis on Daily Basis
Komen:
Some Bearish Price action Upfront..
2275 looks likely below 2320
If 2275 not Respected, then 2245 could be tested..
2275 looks likely below 2320
If 2275 not Respected, then 2245 could be tested..
Komen:
Below 2320
2300
2275
2245
Possible Targets
2300
2275
2245
Possible Targets
Komen:
SC only above 2345
Komen:
Gold has taken support around 2320.
Above 2345 zone,
2365
2385 could be tested
Above 2345 zone,
2365
2385 could be tested
Komen:
As mentioned gold couldn't break 2345.
So Most likely downside break possible
So Most likely downside break possible
Komen:
Gold happens to keep making higher highs as part of retracement.
2345
2325
Trending move on either side break.
In between is going to be no trading zone
2345
2325
Trending move on either side break.
In between is going to be no trading zone
Komen:
Some Change in Sentiment I guess..
Gold might be preparing for another rally.
2315 zone could provide decent support.
Only below 2305 some bearishness could prevail.
Note that this is just a view and not a trading recommendation
Gold might be preparing for another rally.
2315 zone could provide decent support.
Only below 2305 some bearishness could prevail.
Note that this is just a view and not a trading recommendation
Komen:
2310-2315
Komen:
SC above 2340 opening 2375
Komen:
Unless gold tests 2304 in which case 2330 zone will become value area to sell
Komen:
So sell on rise it is till gold is below 2335 2330
Komen:
2260
2240 opened up
2240 opened up
Komen:
Most likely from 2260 some buying is expected
Komen:
2255
2230 possible zones that could be tested.
2230 possible zones that could be tested.
Komen:
unless gold trades above 2353
Gold will be under bears control..
Shorts will cover like crazy above 2353
Gold will be under bears control..
Shorts will cover like crazy above 2353
Komen:
Below 2285 zone
2250 zone could remain a possibility on day of NFP.
2250 zone could remain a possibility on day of NFP.
Komen:
2285 zone tested
Komen:
Head and shoulder formed
Komen:
Upon completion, Breakdown possible
Komen:
Gold may continue to consolidate before next trending move during NFP..
Komen:
Stage looking set for 2250?
Komen:
2335 on upside
2290 on downside
Trending move on either side break.
2355 or
2250
Could be tested.
2290 on downside
Trending move on either side break.
2355 or
2250
Could be tested.
Komen:
Correction* 2280 Not 2290
Komen:
Data Cold! Wil wait for Bullish Trade above 2355
Komen:
Below that I won't mind Shorting Gold Yet again at Decent levels
Komen:
As mentioned, didn't break 2280.
Weekly Analysis Coming weekend
Weekly Analysis Coming weekend
2385 zone +-5 And not 2390