GOLD NEXT WEEK #01

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.

Topics
- Market sentiment
- Gold Shares, EFT's A-z
- $Dollar
- US10Year T-note

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

Commento:

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...

Commento:

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.

Commento:

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.

Have a great weekend...