Hi Friends,
Another analysis on gold. As always I keep everything simple. So we have multiple levels of buy and sell. Our immediate sell level is 2047-2049 which price has reacted to.
Below it we have level 27-29 as our demand level and also below it another one. in case market continues rallying up we have couple supply levels like area 61 and 73.
So we have to wait for the NEW YORK session in order to see the direction of the market.
*make sure to pay attention to the PPI news being published later today
Be honorable
Another analysis on gold. As always I keep everything simple. So we have multiple levels of buy and sell. Our immediate sell level is 2047-2049 which price has reacted to.
Below it we have level 27-29 as our demand level and also below it another one. in case market continues rallying up we have couple supply levels like area 61 and 73.
So we have to wait for the NEW YORK session in order to see the direction of the market.
*make sure to pay attention to the PPI news being published later today
Be honorable
評論:
22 min to ppi news
評論:
less than a min to news
評論:
let's go for level 61
評論:
getting close to level 61
評論:
There you 60 pips so far
評論:
Let's see if 61 changes the course to bearish
評論:
Close to 100 pips has been gained
評論:
There are reversal sign in lower time frame that's why price retracing upward
評論:
160 pips profit
評論:
Price back at 55 level, immediate demand would be 49
評論:
Price is going down toward demand level
評論:
Reacted to level 49 demand
評論:
Yesterday market moved from 49 to 56 which about 70 pips was gained
評論:
market is reacting to level 39 demand
評論:
Going up from level 39
評論:
let's see if goes down for level 27-29
評論:
didn't reach 27-29 level and moved up reacted to 43 level again
評論:
It couldn't get through level 43 again
評論:
Let's see if it reaches 27 level or not
評論:
we are at 27 level, waiting for buy confirmation
評論:
is moving up
評論:
But there needs to be a confirmation
評論:
level 17 was missed
