#GOLD
GOLD NEXT WEEK LEVELS:
$3250-70 TO $3410-3420
SUP NOW AT $ 3300 FOLLOWED BY $3200
RES NOW AT ATH OF $3360 FOLLOWED BY CHANNEL RES AT $3450
ALL EVENTS IN GOLD NEXT WEEK WILL BE NEWS BASED
WHEN SOME STABILITY ON TRADE WAR COMES, GOLD WILL START TO FALL RAPIDLY
#GOLD
GOLD NEXT WEEK LEVELS:
$3080-3100 TO $3250-3280
SUPPORT NOW AT $3200 FOLLOWED BY 21 EMA WHICH
IS LONG LONG WAY DOWN AT $3060
RESISTANCE NOW AT LAST WEEK HIGH OF $3245 FOLLOWED BY $3300
EXPECT LOTS OF VOLATILITY WITH WILD SWINGS ON BOTH SIDES
4.RESISTANCE NOW AT ATH OF $2260 FOLLOWED BY
CHANNEL RESISTANCE AT $3450'S LEVEL
5.ALL EVENTS IN GOLD NEXT WEEK WILL BE NEWS BASED
6.WHENEVER SOME STABILITY ON TRADE WAR NEWS COMES,
GOLD WILL START TO FALL RAPIDLY LIKE IT DID BETWEEN
3RD TO 8TH APRIL.
#GOLD
1. GOLD IS REACHING NEW HIGHS EVERYDAY
ON TRADE WAR NEWS.
2.SHORT TERM IS VERY OVERBOUGHT NOW.
3. SUPPORT NOW AT $ 3300 FOLLOWED BY $3200
21 EMA IS LONG LONG WAY DOWNAT $3130 WHICH
EXPOSES GOLD TO A VERY FAST DECLINE
WHENEVER IT WILL START.
#GOLD
GOLD NEXT WEEK LEVELS:
$2970-80 TO $3080-90
SUPPORT NOW AT $3016 FOLLOWED BY $3000 FOLLOWED BY CHANNEL SUP AT $2980
RESIST AT $3050 FOLLOWED BY $3100
SELLING IS ON HUGE VOLUME WHICH INDICATED FURTHER MID TERM DOWNSIDE BUT A SMALL BRIEF BOUNCE CAN'T BE RULED OUT
#GOLD
1. GOLD CORRECTED TO 50 EMA THIS WEEK FOLLOWED BY
A STRONG RALLY
2.WEEKLY HIGH CLOSE MEANS MORE UPSIDE NEXT WEEK
3.SHORT TERM IS NOW VERY OVERBOUGHT
4. GOLD PRICE WILL BE DICTATED NOW BY PROGRESS IN TRADE WAR
& TARIFFS.
#GOLD
1. GOLD MADE ATH FOLLOWED BY STEEP FALL ON HEAVY VOLUME DUE TO
MARKET SELL OFF ON TARIFF NEWS.
2. SUPPORT NOW AT $3016 FOLLOWED BY $3000 FOLLOWED BY
CHANNEL SUPPORT AT $2980
3.RESISTANCE AT $3050 FOLLOWED BY $3100
#GOLD
GOLD NEXT WEEK LEVELS:
$2840-50 TO $2940-50
SHORT TERM IS VERY VERY OVERBOUGHT
SUPPORT NOW AT $2860 FOLLOWED BY 21 EMA AT $2822
RESISTANCE NOW AT $2930 FOLLOWED BY BY $3000 LEVEL
GOLD'S MOVE WILL NOW LARGLELY DEPEND ON TRUMP'S POLICIES
5. SUPPORT NOW AT $2860 FOLLOWED BY 21 EMA AT $2822
6.RESISTANCE NOW AT $2930 FOLLOWED BY BY $3000 LEVEL
7. GOLD'S MOVE WILL NOW LARGLELY DEPEND ON TRUMP'S POLICIES
8.PLEASE NOTE THAT SHORT TERM IS VERY VERY OVERBOUGHT
#GOLD
1. GOLD CONTINUED IT'S BULLISH MOVE THIS WEEK
BUT WEEKLY CLOSE WAS ON NEGATIVE SIDE
2.DAILY CHART NOW SHOWS A DAILY BEARISH SWING
3.SHORT TERM IS VERY VERY OVERBOUGHT
4.ALSO,GOLD IS NOW VERY CLOSE TO PSCHYCOLOGICAL LEVEL OF $3000
WHICH CAN ACT AS RESISTANCE
#GOLD
GOLD NEXT WEEK LEVELS:
$2730-40 TO $2810-20
RESISTANCE NOW AT ATH OF $2790 FOLLOWED BY PSHYCOLOGICAL LEVELS
OF $2850 & $2900
SUPPORT NOW AT $2740(THURS LOW) FOLLOWED BY 2720(DEC HIGH)
NEXT WEEK FOMC SO EXPECT LOTS OF VOLATILITY
#GOLD
GOLD NEXT WEEK LEVELS:
$2670-75 TO $2730-35
RESISTANCE NOW AT $2720(DEC HIGH) FOLLOWED BY$2750
SUPPORT NOW AT $2690 FOLLOWED BY $2770 AREA(21EMA)
NEXT WEEK MAIN EVENT IS INAGURATION DAY
5.CLOSE NEAR WEEKLY HIGH MEANS POTENTIAL UPSIDE TO START THE WEEK
6.BUT SHORT TERM IS VERY OVERBOUGHT & FOMC THIS WEEK
SO WE MAY SEE SOME SELLING ALSO NEXT WEEK AFTER THE RISE
#GOLD
1. GOLD HAD ANOTHER +VE WEEK AFTER THE BREAKOUON 13TH JAN.
2.RESISTANCE NOW AT ATH OF $2790 FOLLOWED BY PSHYCOLOGICAL LEVELS
OF $2850 & $2900
3. SUPPORT NOW AT $2740(THURS LOW) FOLLOWED BY 2720(DEC HIGH)
4. NEXT WEEK FOMC SO EXPECT LOTS OF VOLATILITY