Gold takes out an important 61.8 fib, now what? by Reece Marini

GOLD H4 Gold has been trading heavily over the last several weeks even after initially finding solid buying interest on the 61.8 Fib at 1198.86. Gold has now taken out a large numb …
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Indices/Commodities Outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 2107 The S+P had a wild ride on Friday, initially heading sharply lower on the back of concerns over where Greece is heading, reaching th …
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20 Feb: Indices/Commodities outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 2095 The S+P made yet another all time high today (2099) although there is little to add from a technical perspective. The S+P  looks h …
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Intraday players selling GOLD, see why? by Reece Marini

GOLD H4 I mentioned yesterday that there were likely a large number of stops sitting just below the 50 Fib at 1216.50, see here. These stops were taken out during the NY session wi …
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GOLD: Smart money selling into 1224.00/25 resistance

GOLD M5 The 1:1 (Light blue) and 38.2 fib that coincided at 1224.00 that I had mentioned in my previous post, has attracted solid selling from intraday players. Some profit taking …
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GOLD: Bears looking to target stops below 1216.50 by Reece Marini

GOLD H4 Medium term bears are looking to target a large number of stops that are likely sitting just below the 50 fib at 1216.50, this support level has seen some buying over the l …
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Indices/Commodities Outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 2084 Relief at a Russian/Ukraine ceasefire and some soft US data, hinting at a delay in any impending rate rise, has helped the S+P head …
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2 Feb. Indices/Commodities weekly outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 1989 Equities ended a volatile Friday session with some substantial losses seen in the final hour of trade as investors erred on the side …
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GOLD: Bullish move to continue by Reece Marini

GOLD Daily The bulls have taken out a number of stops that were sitting above the 1:1 (White) and the market has now closed strongly above the 61.8 fib at 1263.60, this was an indi …
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Indices/Commodities Outlook by FX Charts

  INDICES/COMMODITIES S&P Futures 2020 After testing 2047, the S&P has headed lower as the choppy trade continues. With the momentum indicators not giving any real hel …
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