Forex Trader

Strongly bullish today, gold manage to brake 1208/10 and trying to brake 1220, previous high from December 01. We can see that gold bulls have ignored the ‘Swiss gold refrendum’ move down, and push the gold higher exactly from the previous up trendline! Bulls must brake 1220/25 if they wants to go higher toward 1240/50!

After incredible gold turnover on Monday, December 01. gold is trying to consolidate between 1210 and 1180. We can see that after the ‘Swiss gold referendum fall’, gold has formed the equidistant channel by hiting the support level at 1146/48, level I mentioned for several times here. That level showed us were the strong buyers are and 1178/80 we can see as an

As I see, this was the bigist gold turnover since September 18. 2013. Gold opened the day and start the week at 1154, fell down to the 1142 and return over 1148 in the first hour of trading, after wich 1148 become the strong support. When Europe began to trade gold immediately start to rise and catch 1178/80 resistance after

Did you expect this reversal on gold? Of course not, and that’s why I wrote last night on my gold analysis that I don’t recomend trading on gold, not today! As you can see, gold fails to attack 1130 even everthing was technicaly pointed that will happen last night. But, bulls was showed their strenght again at 1146/48 and push

As you can see, gold have problem with H4 down trendline and MA200 in the last couple of days, but every drop has returned to the starting position. Still looking bullish, but losing momentum and decline to 1180 is possible if bulls didn’t manage to brake trendline today. 1208/10 is first target and resistance for bulls on the way up. As

Third friday in a row gold rises. As I wrote in my analysis from Monday, 1208/10 could be the next target for this week and here we are, 1207.86 high for now.  I wrote yesterday that gold is looking bullish and point at this up trendline which one is pushed the gold up today. Gold is still looking bullish, but can

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

What a roller coaster on gold! Swiss referendum polls reaction brake the gold down but strong technical support hold that fall, after wich traders decided to ignore the news and push the gold up to the start. But, then came the FOMC minutes, after wich traders decided to brake the gold down again. One more tme, the strong support manage

Gold is looking bullish here as I mantioned at my previous gold analyis and still heading up. Steady for now and supported with 50.0 fibo return from the October 21. –> November 07. fall at 1292. On the way up H4/MA200 is holding for now at 1202/04, stronger resistance is at 1208/10. Could gold bulls try to attack that point? 61.8 fibo return

After amaizing Friday, what do we have on gold today? We can see that, there is no sharp decline back like last week and gold is preaty calm, despite the USD/JPY return. After Asian opening last night, gold was suported at 1182 level, the upper line of the 23.6 fibo return from the July 10. –> November 07. return. but

Last friday gold was sharply rebounded from the 4 year low level, and if that was ‘sharp’ how can we call this rebound today? Rocketed!? I was pointed earlyer today on my gold analysis that 1147/50 could be a minor support, but that level today has become a ‘lounch ramp’. What now? Gold hit strong weekly resistance with 1180 high of the