I strongly think that there will be a concluded brexit deal before Dec. 31. Bastards will dump GU prior moving it up. I see 1.322x and 1.277x as interesting area to buy.

Sell LMT triggered at 1847.

Gold behaved as anticipated. We got a LL (1825). Next move should be a LH around 1847 (23.6 Fib) up to 1861 (I doubt this level but ECB...). Then down to my original target 1764. FYI, I cleared my trade at 1833. I've a Sell LMT at 1847. GL!

I think GOLD has reached the top of the month. It is sitting around 50% fib from Daily and 23.6 level in H4. Max extension 1884. ST and MT Outlooks should be SELL in my view. Hence I sold it at 1871 with STL at 1885. Targeting the low of previous ...

Maybe TL from 2001? 90.3x?

Are you sure that is the trend? All this down movement are inside that huge daily green bar.

LT/MT view: UJ direction is LONG. We are currently in a retrace. UJ tried many times to break 50% Fib and failed miserably. We had a strong rejection in March 2020. The end of risks and uncertainties (only factors supporting the sell outlook) will ...

NU main direction is still intact, still south. Price retraced above 61.8 fib. Price should close below 61.8 fib level to maintain south direction. As well, 2 TLs might help and reject the possible break up. The current price give a good opportunity ...

Just my view: There is no direct correlation between RBA rate decision and Gold; however, there is a correlation in relation to all CBs. RBA decision to cut rate won't be limited to RBA, but all other CBs will go through the same pattern and cut ...

I think Gold is going to retrace to make a HL. As long as Price is above 1873, go long is valid. If price goes below 1873, stay sidelines because market is undecided on direction. The later has more probability to happen via US Election. GL!

[quote=Fadhl;13236114]Main direction of Gold is LONG. We got a retrace. Gold reached 50% Fib. Expect a little bounce then a continuous of the retrace up to 1860. Between 1860 and 1872, it's a cheap ticket to go long for MT. We have risk in play with ...

ST view. Took a short at 1.1700. TPs are on the chart.

So far Gold behaved as expected; we got a small bounce and a LL is underway. Watching 1860 for possible reverse.

Main direction of Gold is LONG. We got a retrace. Gold reached 50% Fib. Expect a little bounce then a continuous of the retrace up to 1860. Between 1860 and 1872, it's a cheap ticket to go long for MT. We have risk in play with Covid obliging EUROPE ...

Gold is still undecided. The blue box is where all the fights are happening between buyers and sellers. May be next week? Have a great weekend Everyone!

Sorry I looked at it again. Wave 5.1 is not completed yet. It should be like that: It's a modified EW. Mainly a wave is confirmed when we have HH or LL at close (be aware not an extension). The blue horizontal lines determine when a wave is in play ...

May be this might be useful!