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Opening set of Buy orders
GOLD
, 1D
Long
GOLD: Opening set of Buy orders

E.U. session opening delivered weak response to yesterday's Buying sequence and the Hourly 4 #MA200 (#1,717.80) have been clearly broken and that gave the green light for the second mini Bullish leg towards #1,732.80. As mentioned yesterday that would be a Higher High and only after hitting the Higher High - the Price-action will reveal Gold's underlying trend....

Currently on Sidelines
XAUUSD
, 1D
XAUUSD: Currently on Sidelines

Yesterday I witnessed (once again) how Fundamentals (reports) can momentarily distort Technical trends, as a seemingly Bullish Hourly 4 Chart candle (E.U. opening) closed in huge losses as an disastrous #2nd event was out of the ordinary and this kind of sequence didn’t occurred for more than #9 Years (since #2011 - ADP Nonfarm Employment and ISM PMI) didn't had...

Currently on Sidelines
GOLD
, 1D
GOLD: Currently on Sidelines

Yesterday I witnessed (once again) how Fundamentals (reports) can momentarily distort Technical trends, as a seemingly Bullish Hourly 4 Chart candle (E.U. opening) closed in huge losses as an disastrous #2nd event was out of the ordinary and this kind of sequence didn’t occurred for more than #9 Years (since #2011 - ADP Nonfarm Employment and ISM PMI) didn't had...

Engaging set of Buys / Bullish Gold
XAUUSD
, 1D
Long
XAUUSD: Engaging set of Buys / Bullish Gold

With DX testing Monthly Support again (# -0.29% at the moment) and Gold on Channel Up, the only confirmation I needed to completely justify the Bullish continuation on Medium-term on Daily chart was, as I already mentioned - Stock markets breaking above the Higher Low trendline and adding Buying pressure on Gold - it is lagging at the moment but I don't doubt that...

Engaging set of Buys / Bullish Gold
GOLD
, 1D
Long
GOLD: Engaging set of Buys / Bullish Gold

With DX testing Monthly Support again (# -0.29% at the moment) and Gold on Channel Up, the only confirmation I needed to completely justify the Bullish continuation on Medium-term on Daily chart was, as I already mentioned - Stock markets breaking above the Higher Low trendline and adding Buying pressure on Gold - it is lagging at the moment but I don't doubt that...

Still not worth to enter the market / Sidelines
XAUUSD
, 1D
XAUUSD: Still not worth to enter the market / Sidelines

No big updates so far today as the Price-action is pulling back on an Hourly basis having been rejected just above the Hourly 4 #MA50 Support, as expected. As I've mentioned previously, Gold (Xau-Usd spot prices on my focus), is basically Neutral on all charts within roughly a #1,730.80 - #1,750.80 Rectangle and scalpers of the Bollinger Bands are getting the most...

Still not worth to enter the market / Sidelines
GOLD
, 1D
GOLD: Still not worth to enter the market / Sidelines

No big updates so far today as the Price-action is pulling back on an Hourly basis having been rejected just above the Hourly 4 #MA50 Support, as expected. As I've mentioned previously, Gold (Xau-Usd spot prices on my focus), is basically Neutral on all charts within roughly a #1,730.80 - #1,750.80 Rectangle and scalpers of the Bollinger Bands are getting the most...

Sidelines / Bullish Gold
XAUUSD
, 1D
XAUUSD: Sidelines / Bullish Gold

Strong display of the underlying Bullish trend as despite the strong daily dip on DX (# -0.35%), Gold is Trading sideways within roughly #1,730.80 - #1,750.80 zone (Xau-Usd spot prices on my reports). For me, this Technical setup (with Bullish Gap fill on E.U. opening) is a no call decision since - Gold is surely Bullish on Medium-term, but I cannot rule out the...

Sidelines / Bullish Gold
GOLD
, 1D
GOLD: Sidelines / Bullish Gold

Strong display of the underlying Bullish trend as despite the strong daily dip on DX (# -0.35%), Gold is Trading sideways within roughly #1,730.80 - #1,750.80 zone (Xau-Usd spot prices on my reports). For me, this Technical setup (with Bullish Gap fill on E.U. opening) is a no call decision since - Gold is surely Bullish on Medium-term, but I cannot rule out the...

Closing my set of Buys with excellent Profits
XAUUSD
, 1D
XAUUSD: Closing my set of Buys with excellent Profits

I have closed my set of Buys with excellent Profits and regarding month May, I am on #11 Profits and only #1 SL hit - my monthly Profit is huge. Regarding the previous Position, was from #1,719 to #1,736.20. Early U.S. session opening delivered just what I was expecting as it is most likely a call for testing the Hourly 4 chart #1,755.80 extension on...

Closing my set of Buys with excellent Profits
GOLD
, 1D
GOLD: Closing my set of Buys with excellent Profits

I have closed my set of Buys with excellent Profits and regarding month May, I am on #11 Profits and only #1 SL hit - my monthly Profit is huge. Regarding the previous Position, was from #1,719 to #1,736.20. Early U.S. session opening delivered just what I was expecting as it is most likely a call for testing the Hourly 4 chart #1,755.80 extension on...

Keeping my set of Buys
XAUUSD
, 1D
Long
XAUUSD: Keeping my set of Buys

As expected the #1,710’s Support Zone (spot prices on my reports) has accumulated the necessary Buying force, initially to stop the downtrend (Gold pressured by Stock markets) and make Gold trade sideways on Hourly 4 chart. With the Daily and Weekly charts all with Williams% levels near the critical bottom point, it is obvious that there has to be an attempt to...

Keeping my set of Buys
GOLD
, 1D
Long
GOLD: Keeping my set of Buys

As expected the #1,710’s Support Zone (spot prices on my reports) has accumulated the necessary Buying force, initially to stop the downtrend (Gold pressured by Stock markets) and make Gold trade sideways on Hourly 4 chart. With the Daily and Weekly charts all with Williams% levels near the critical bottom point, it is obvious that there has to be an attempt to...

Engaging set of Buys
XAUUSD
, 1D
Long
XAUUSD: Engaging set of Buys

The Price-action (Xau-Usd spot prices on my reports) was under Selling pressure yesterday and got lower on each Hourly 4 candle but on a slow pace which was an indicator that the decline is over. However, I needed to see the Hourly 4 #MA200 broken and closing above it to confirm a reversal. Like I said yesterday with the Daily chart neutral, I believe Gold is well...

Engaging set of Buys
GOLD
, 1D
Long
GOLD: Engaging set of Buys

The Price-action (Xau-Usd spot prices on my reports) was under Selling pressure yesterday and got lower on each Hourly 4 candle but on a slow pace which was an indicator that the decline is over. However, I needed to see the Hourly 4 #MA200 broken and closing above it to confirm a reversal. Like I said yesterday with the Daily chart neutral, I believe Gold is well...

Probable Buy opportunity
XAUUSD
, 1D
Long
XAUUSD: Probable Buy opportunity

The current strong decline on the #1,709.80 Higher Low came as no surprise as it is next to the Weekly market Bottom (February 20th) and #2018 High. If Gold closes today's Daily candle on #1,702.80 - #1,712.80 I will have a clear rejection with significant potential to retest the #1,736.80 Top. What is highly important to note is that I can spot Bullish...

Probable Buy opportunity
GOLD
, 1D
Long
GOLD: Probable Buy opportunity

The current strong decline on the #1,709.80 Higher Low came as no surprise as it is next to the Weekly market Bottom (February 20th) and #2018 High. If Gold closes today's Daily candle on #1,702.80 - #1,712.80 I will have a clear rejection with significant potential to retest the #1,736.80 Top. What is highly important to note is that I can spot Bullish...

Closing my set of Sells with excellent Profits / Intra-day
XAUUSD
, 1D
XAUUSD: Closing my set of Sells with excellent Profits / Intra-day

My final Target (#1,710.80) has been met earlier than I expected as Gold broken all Supports and stepped in deep Oversold territory. At the moment, regarding month May, I am on comfortable #10 Profits and only #1 SL hit. Congratulations to my Traders, and Traders who had patience to engage Sell positions and had trust in my calls all the way from Gold’s recent...

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