Trade update for GOLD by Reece Marini

GOLD H1 The 1:1 (Blue) at 1166.00 has offered a solid trade with the market now 180 ticks below  this level. Taking profit in gold around current levels looks to be the best play …
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Trade update for GOLD by Reece Marini

GOLD M30 I have now moved my stop into breakeven and will look for a test of the overnight low. If a solid break is seen I will look to hold onto the trade for a test of the stops …
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GOLD: Sellers return at 1166.50, see why? by Reece Marini

GOLD M30 Sellers have returned on the 1:1 (Blue) at 1166.50, I mentioned the importance of this Elliott Wave/Gann level in my earlier post. As long as the market stays below the 1: …
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Trade update for Gold by Reece Marini

GOLD M15 I mentioned the importance of the 1:1 (Yellow) and 23.6 Fib that coincided at 117450/75.50 in yesterdays report. Gold tested this level and began to sell off almost immedi …
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Indices/Commodities Outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 2078 The S+P made a bit of a recovery today after holding on above the the 2060 Fibo support at 2061 (38.2% of 1973/2116), in trading to …
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Gold set to test lower levels on a break of 1130.00 by Reece Marini

GOLD Weekly Gold continues to trade on the heavy side with traders now pushing for large stops that are likely sitting below the 61.8 Fib at 1130.00, this level offered solid suppo …
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FX Charts Indices/Commodities Outlook

  INDICES/COMMODITIES S&P Futures 2071 The S+P dived to 2065 after the US jobs figures, almost reaching the 2060 Fibo support at 2061 (38.2% of 1973/2116) before a dead-ca …
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Indices/Commodities outlook – fx – forex – commodities – indices by FX Charts

  INDICES/COMMODITIES S&P Futures 2098 The S+P had a steadier session today and remains close to the 2100 pivot after a 2094/2103 range in waiting for the US jobs data lat …
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Trade idea: Looking to buy gold intraday by Reece Marini

GOLD M5 I am looking to buy gold on this recent 1:1 (Blue) correction with a tight stop at 1213.50. My target will be the days high at 1223.00. * A 1:1 refers to a current correcti …
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UBS: Further room for downside in Gold

Long liquidation in precious metals continued for a third straight week, with the exception of palladium. The latest CFTC data shows that gold net longs were down by 2.99moz as of …
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