Forex Trader

And, it seams that they don’t expect the rate hike tomorow!? The gold has finaly move from 1100 level, where the precious metal has find a decent buyers in the last 6 days. Started the day at 1104, the gold is reached high for now at 1118.60, the previous support from August and begining of September. It seams that that level could

Sure you’re remember my gold analysis/predictions and my predicted possible target for the bulls, yes it happened just like I say it would. After gold was hit at daily MA100 and 1163/68 level, that was it for this time. You have notice for sure that, the gold didn’t react on the US dollar breakdown on Monday and that was the first sign

Gold can’t catch the breath, the selling pressure is huge. You can see at my chart, that monthly MA100 at 1215 has blocked the gold on every attempt to recovery in the last 5 months. On the way down, 1131, the low from November 2014. which is low of the last 5 years as well, is the last support before furder decline toward 1080 >

It looks like that gold finally found the buyers at 1147 level, but there is no stronger move up from this level for now. Yesterday’s low at 1148 and today’s at 1147 could be support and low for now, but despite US dollar weaknes, the gold is calm and don’t react as usual. I wrote for several times that gold moves

I wrote in my analysis from June 30. that gold doesn’t show any signs of recovery and slowly falling each day. Today, the pressure is at 1162 level, previous support from June 05. This is support, but is it possible for turnover at all, bearish momentum and sellers pressure is huge. After the FOMC metting when FED decided not to hike,

Gold doesn’t show any emotions for events in Greece, on the contrary. Price surged on Sunday night to 1187 and then went back, even lower from Friday’s closing. There is no sign of the buyers at all, but the price is currently lying on the support level and trend line at 1168/70. Could this level help gold to bounce? Brake could lead the

With 1174 low today, gold has erased all gain from ‘FOMC day’. Surprise or not, I wrote in my gold analysis from June 18., that 1204/05 is not easy level to pass true. There was to much technical resistances and gold is not favorable investment for weeks. This is third month in a row that gold is moving around $1180.

Gold buyers are finally woke up and showed interest in precious metal today. From low of the day at 1183, gold reached 1203.44 high today for now, brake true the daily MA100 at 1200. This level is previous resistance from June 01., daily MA200 is placed at 1207, down trend line at 1211. Is this enough for one day or gold bulls

1170/80 was solid support for several times at gold, but it looks like that gold buyers are retreated to lower levels!? If this support breaks, 1132/42 could be serious test for gold, the previous support from November 2014. and March 2015. If sellers reached that target, it will be the third attempt to breakthrough. In that case, the gold could strongly bounce

Gold didin’t move much in the last couple of days, as you see in my chat 1190 is the level where gold find the buyers in the last 6 days, but on the way up 1200/05 is the place where sellers are waits for now, the previous support from end of the May. First stronger support is  up trendline, 1178/80 is