The majority is in a dilemma of whether or not the US central bank is ready to pause on rate hikes. An insight could shape the narrative in the Gold markets, as inflation and recession prospects counteract the demand for the yellow metal. On Friday, we witnessed the mini-crash in prices of gold which was a result of the Federal Reserve Governor Christopher Waller's comment on more monetary tightening despite evidence of a steady drop in inflation figures. Higher interest rates tend to benefit the dollar and weigh on gold. Going in to the new week, is the Gold on track to a new record peak? This video, illustrates a detail technical explanation on what we shall be looking out for in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
交易开始:
The new week has started on a bullish note as price action breaks out of our key level at the
2
,000 level hereby respecting the bullish trendline identified in the video. A miss of the breakout will require some patience for either a retest of structure or a trend continuation pattern to join the potential uptrend.
Good morning
2
,000 level hereby respecting the bullish trendline identified in the video. A miss of the breakout will require some patience for either a retest of structure or a trend continuation pattern to join the potential uptrend. Good morning
交易开始:
15-minute outlook
交易开始:
Fall out from our live session
交易开始:
Secure the sell position
交易开始:
交易开始:
Another sell position triggered at the breakdown of the 1,996 level, secure all sell positions.
交易开始:
交易开始:
Price action takes out the sell position and has since found higher lows to reveal a bullish momentum and this could be the beginning of another phase of bullish momentum as the price climbs above the key level at the
2
,000 level.
Good morning
2
,000 level. Good morning
交易开始:
Fall out from our live session
交易开始:
We just witnessed a shake-out, as both the previous buy and sell position was taken out. And with the resumption of buying pressure, we are using the
2
,000 level to guide trading activities. Buying opportunity is now above the 2,007 level.
2
,000 level to guide trading activities. Buying opportunity is now above the 2,007 level.
交易开始:
Price action takes out the buy position to trigger a sell at the breakdown of our key level. Secure the sell position as we look forward to another breakdown of structure.
Good morning
Good morning
交易开始:
Secure sell position
交易开始:
buying pressure resumes
交易开始:
We remain patient as the need to see how price action reacts to the potential sell window around the trendline in other to decide what our next line of action will be. Update coming up soon
交易开始:
5 minute timeframe outlook of price action within the sell window
交易结束：到达止损:
The resumption of buying pressure above the 1,992 level and the bearish trendline appear to have negated the bearish expection as price action gradually approaches the key level at the 2,000 level. A breakout/retest of the key level will welcome buying opportunities.
Good morning
Good morning
评论:
However, selling opportunities below the
1
,992 level still remains a possibility
1
,992 level still remains a possibility
交易开始:
Just as discussed during our live session; Secure buy position as we look forward to more opportunities as price action continues above the key level at the 2,000 level
交易开始:
Secure all sell positions as the sell stop order below the 2,000 level was triggered.
Good morning
Good morning
交易开始:
Update
Trade smart. Trade consciously
