Gold's general overview: Gold was close to
the important #1,895.80 Hourly 1 Resistance
test (Xau-Usd numbers on my focus), as
Price-action was rejected on #1,784.80 -
#1,788.80 configuration, which shows how
slow to recover Gold has become (not taking
Fundamental Buying pressure into account
fueled by Stimulus expectations) and didn't
even engaged full scale recovery / even
though that Bond notes lost the gained
ground. If there wasn't Bearish Bond notes
developments, Gold would be significantly
tower. Stock markets reversing again despite
Thursday's late session dip, DX is Trading
near it's Weekly Resistance - reveals an
Bearish sentiment Gold is Trading on. Even
though my Medium-term outlook remains
Bullish based on fractal analysis of candles,
Yolume and RSI with the period April #14 -
#28 - I am expecting a Short-term pullback
towards the Hourly 4 Support zone first
(#1,765.80 - #1,768.80) as the Hourly
setting was too Oversold approaching the
levels of December #27. I am looking closely
at today's U.S. data to monitor DX
movements, and would instantly Sell the
market on normal market conditions / but as trend has to continue trading within Bollinger bands,
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