Gold – Put the news on the side, what do we have technicaly?
My previous article wasn’t analysis on gold, I just wanted to show you how looks like ‘the up/down ride’ on the smaller time frame M15, coused by the news. I never do my analysis on small charts like that. What do we have technicaly after that ride we can see here at H4 chart. 1178/80 is shown as very strong support what I was mentioned several times, but it looks like gold is stuck here around 1292 level, 50.0 fibo of the October 21. –> November 07. fall, where the resistance/suport are changing roles. Based on this, gold is still looking bullish, aiming 1203/05 and 1208/10 stronger resitance. The second one was previous support from September 2014. Could bulls finaly manage to catch that level, let’s see. How do you see this traders?
Here we are, 1208! 🙂
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Yap, expected! 😉
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mario kako vidis DAX ? daily graf ,hvala
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News again. 🙂 US Home sales!
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Yap, like I said this morning, traders are so nervous and they are recting on everything. It doesn’t matter that the news they see don’t change anything. 🙂
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