Hello Parveen, you were right, we are going up. Gold confusing the heck out of me today, although I saw today's data being favourable for Gold - I just can't believe despite everything else this week we aren't going down again.

Gold

This is exactly my plan, too touch main resistance one last time, and then overbought AF, and plummet towards 1825, at least.

Gold

nice one janus! I like the fact that swap can accumy positively when holding shorts and that gap, I hope it gets filled next week, they say March have been 25 years historically bad for Gold? Let's see I am placing a short at 1946, TP 1940

Gold

Thank you Verma!!

Gold

Thank you! Looks like it almost touched 1850? Have we reached the peak? Possibly. ISM will tell Hoping we drop from here

Gold

yes I am glad, not a bad day after all, chuffed with you reaching 1% more than you goal, well done. I am watching Gold, but skeptical as you say about Longs... I think it is gonna drop hard, maybe... As ALL the Treasury Notes are over 4% today ...

Gold

Have added short @ 1838, TP 1835

Gold

welcome back legends! Maybe one more spike upwards until finally exhausted and then the drop? Let's see.. A classic song below, just replace the word "rock" with "drop" url

Gold

Thanks Aahmad for all your insight, and rest well!

Gold

Gold can be so deceiving, it seems we are going up, but for how long until the rally fizzles out? We haven't touched 1800 yet, but moreover, the Death Cross on Daily and Weekly didn't do much then, or is it still in play?... H'mm... Love to see how ...

Gold

I am with you, entered at 1825, TP 1820

Gold

Also, you sold, but the US CB confidence data was bad, so now we have to see if 1825 will hold as resistance, thinking of selling at 1824 now after sufficient confirmation

Gold

That would be real bad! :o :o

Gold

should've left it in/held are we finally going to meet 1800 today? I wonder, ranging tightly; Friday's ISM will be a biggy.

Gold

same here! After strong US data, and with bearish bias intact, I hope we see a nice drop soon...

Gold

YEs, we have some retracement, maybe the NY session open will drag it down lower, but the Home Sales data might be bad, countering this maybe... slightly...

Gold

That is very interesting! I am fearing this, so I am keeping sells out, but placed sell stop just below key support levels, such as 1814 to 1812 (TP), and then below that 1810 to 1800 (TP), and lastly one at 1798, with no TP set.

Gold

Looking forward to this outcome, and hopefully wrap up nicely for the weekend. I suspect a bounce off 1800 at the lowest, but if through then we are going to 1780? the 200-SMA and main trend setter...

Gold

yes! And if doesn't, then it should spike up before the end of the day, people taking profits before the weekend and all that. Plus it will eventually become oversold, maybe even a bullish divergence, that's also if news doesn't come in soft for USD! ...

Gold

so far so good, although it is really tight still and testing 1820. It could hold...

Gold