#XAU/USD# ...from Bay472

#XAU/USD#

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#XAU/USD# Aggressive volatility came as no surprise as candles are arriving strongly and distorting technical trends. Regarding fundamental side, Stimulus new are still there to be price on the market once they are. I cannot rule out the 1,927.80 test. With high chances of major move revelation. Good luck guys

Bay472

#XAU/USD# 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,

Bay472

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,

Bay472