Gold finds support & turns around promptly. Not surprising.

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https://www.tradingview.com/x/kUJnEApZ/

You can see on the 15M chart where Gold found support recently.

(I had this all mapped out recently and forgot all about it).

Retracing now for possible buy entry.

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ملاحظة

Higher TimeFrame Buy Demand Zones: CHART BELOW.
15M was a Bounce only. Further to fall.

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ملاحظة

See here on the Daily why the Gold Price is about to really fall over. It bounced off the 21EMA key level on Daily, what I noticed was a reluctance for my sell orders to go through. This is falling further.

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تم فتح الصفقة

TRADE: SELL XAUUSD @ CURRENT LEVELS & ABOVE 2608
STOP LOSS: 2625.
Analysis: Gold price has dipped under the 21EMA on Daily chart today. It initally bounced off these levels but has since fallen under the 21EMA. VWAP average price is still quite a bit underneath current price, so expected to fall some more.

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ملاحظة

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ملاحظة

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تم فتح الصفقة

Gold finding support for a BUY order around 2446-2647 @ current levels.
I bought in around 2646.
Tight Stop: 2642 (under 15M order block)

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ملاحظة

The support level of 2646 is the 200EMA on 15M chart for Gold

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ملاحظة

2646-2647 should read