Gold didn't managed to recover #3,400.80 benchmark

As discussed throughout my yesterday's session commentary: "My position: I spotted that many Traders Sold Gold throughout yesterday's session which was a mistake personally as Gold will remain strong on each next session due global Fundamentals. Firstly I have Bought #3,385.80 Bottom with #4 orders. First one I have closed near #3,400.80 benchmark, second two I have closed at #3,407.80 since Profit was already great and left final runner which I closed on #3,424.80 / expecting #3,434.80 final destination which was delivered. I will keep Buying every dip on Gold as long as #3,400.80 benchmark holds as an Support from my key re-Buy points."


Technical analysis: Price-action came even closer to my projected #3,357.80 Support fractal. As expected the #3,400.80 - #3,405.80 structure acted effectively as an Resistance zone as it was places within last MA periods. Daily chart is again marginally Bearish on its vast majority, only Supported now by the #3,352.80 - #3,357.80 which is interval level, and if Support zone gets invalidated, #3,342.80 Support in extension will be set in motion (Daily chart suggests an even Lower Support base towards #MA50 which is reasonable configuration to expect considering the wide frame on my Volume formula).


My position: I have Bought Gold many times above #3,400.80 benchmark however as it got invalidated, I Bought #3,390.80 again late U.S. session and closed my set of Buying orders on #3,395.80 nearby extension. I left one runner (#3,390.80 entry point) with Stop on breakeven expecting Asian session to recover #3,400.80 benchmark, however it was closed on break-even as Gold extended Selling sequence. I will continue Selling every High's on Gold and if #3,357.80 gives away, expect #3,352.80 and #3,342.80 contact points to be met.