Gold has surged since morning because of it's rebalance base on current market conditions, I still see gold to sell except it will continue buying while dollar buys continue then I will know it's demand for gold safe heaven
Vix index which is the fear guage is actually below 16 today and that shows the Reason for golds rally, but nevertheless I still stand in support of save heaven untill a drop below 14 level
Gold is reacting just above 4340.038 as I marked, in the 5min timeframe let's just wait and see gold move if it will continue buys or reverse to sells
Gold reversed for sells at that 4340.08 price level. I'm expecting it to drop down to 4308.14 price level for a rebound to continue its rally.
Alright. Technically I'm expecting the week to close bullish forming a swing low that signifies it is ready to continue the rally next week.
Gold is still pushing very strong could it be that gold demand has also increased or it's Just a recovery
I'm expecting the rally to continue tomorrow from the 4300 price region. And I'm quite positive next week will be a strong rally on Gold.
Gold has started showing some signs to fall asleep there is high volatility in the market since the NY session is fully open
The signs has become a bearish correction sells to compensate the buys today.
