{"id":119466,"date":"2018-01-12T10:25:51","date_gmt":"2018-01-12T15:25:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=119466"},"modified":"2018-06-01T15:46:44","modified_gmt":"2018-06-01T15:46:44","slug":"gold-reached-the-full-atr-projection","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/gold-reached-the-full-atr-projection\/","title":{"rendered":"GOLD Reached the Full ATR Projection"},"content":{"rendered":"<div id=\"inves-1253830637\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 12, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/gold-reached-the-full-atr-projection\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2018-01-12GOLD.jpg\" \/><\/a><\/p>\n<p>Gold has reached the full ATR projection boosted by the positive EUR flow and weaker USD. According to Admiral Correlation Matrix, we see a very positive correaltion between EUR\/USD and Gold on last 500 H1 bars. At this point we could see a retracement from the top 1333.40 and if the price breaks 1326.70 to the downside, next target might be 1320 zone. However, if the price breaks above 1334 then we could see 1341 before next retracement happens. Today is Friday so watch out for profit taking.<\/p>\n<p>W L3 &#8211; Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n<p>W H3 &#8211; Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n<p>W H4 &#8211; Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>\n<p>D H4 &#8211; Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p><div id=\"inves-3793946789\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>\n<p>D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n<p>POC &#8211; Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\" rel=\"nofollow noopener\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p>Sign up for <a href=\"https:\/\/admiralmarkets.com\/education\/webinars\" target=\"_blank\" rel=\"noopener\">Live Trading Webinars<\/a> with Nenad Kerkez T<\/p>\n<p>Connect with <a href=\"http:\/\/www.facebook.com\/tarantulafx\" rel=\"nofollow\">Nenad Kerkez T<\/a> on Facebook for latest market update<\/p>\n<p>Read the <a href=\"https:\/\/admiralmarkets.com\/analytics\/traders-blog\/camarilla-template-explained-analysis-in-2018\" target=\"_blank\" rel=\"noopener\">Camarilla trading blog<\/a><\/p>\n<p><a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/gold-reached-the-full-atr-projection\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/AM-Gold-banner-EN-1440x440.jpg\" alt=\"Gold Instrument\" \/><\/a><\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/gold-reached-the-full-atr-projection\" target=\"_blank\" rel=\"noopener\">GOLD Reached the Full ATR Projection<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\" \/>\n<p><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" width=\"141\" height=\"87\" align=\"left\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets Gold has reached the full ATR projection boosted by the positive EUR flow and weaker USD. According to Admiral Correlation Matrix, we see a very positive correaltion between EUR\/USD and Gold on last 500 H1 bars. At this point we could see a retracement from the top 1333.40 and if the price [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-119466","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=119466"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119466\/revisions"}],"predecessor-version":[{"id":119474,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119466\/revisions\/119474"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=119466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=119466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=119466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}