TOPICS: Intro: 00:00-05:28 What I do and focus on in the gold market.
05:29-10:16 Brief TA View from daily, 4hour and 30 minute charts
10:18-11:26 Gold is a tiny market...
(Video 11:26-minutes)
About Gold Next Week #
A weekly 3-10-minute forecast video on Gold price for the coming week. I'll also follow up with charts throughout the week as price action develops patterns and pivot reversals points.
System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some Market Data.
Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade.
Best Regards OmarDjurhuus
Bình luận
⋅
Update! Asia session had gold price blasting out the gate overnight. We'll see if London session has same bullish entusiasme this morning.
Bearish Reversal points to look for today, might be @ 1828-1839
We'll see...
Bình luận
⋅
Update! London and US session came fresh from the Holidays and took over where Asia session left of. I eyed $1839 as reversal point, price pushed a bit higher, but seem to have lost steam.
Could see the correction I mentioned in my video start to develop next few days. Targets to the down side: $1875 , $1856 or $1836 but we'll see.
Bình luận
⋅
Update!
As I stated in my video - I saw #Gold push a bit higher the first couple of days in week 1 and then drop. Yesterday Gold saw bearish pressure and is continuing down side pessure in London session also. Could see a short term pull back, but selling is going to pick up again as expected.