DislikedHave to check but not really concerned about the 30's maybe 35.000
and 40.Ignored
I was refering to mondays day trade and a heads up to where she might be going intraday.
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
DislikedHave to check but not really concerned about the 30's maybe 35.000
and 40.Ignored
DislikedI hear ya on getting to the otherside of $35.
I was refering to mondays day trade and a heads up to where she might be going intraday.Ignored
DislikedI hear ya on getting to the otherside of $35.
I was refering to mondays day trade and a heads up to where she might be going intraday.Ignored
DislikedI would agree with that assessment.
"Home prices ALWAYS go up!" - Pretty much everyone
"Gold is a STUPID investment" - Dave Ramsey, before gold doubled
"We can print away our problems!" - Keynesians everywhere
"Fool me once, shame on you. Fool me twice... ...You... You can't get fooled again!" - GW Bush
LOLIgnored
Dislikedbecause the majority of people in this world are stupid!
SOOOO EASY!
Jeeese we even give away secrets daily in here, but no, "I'm shorting, with a 100 USD account and 50 posts and no analyisis
.....Ignored
DislikedI got a feeling we might see gold do something like this. The 2 highlighted bottoms were what I'd call "too easy" and have a good chance of being tested again. Once taken out, price can resume upwards.
This is not a call to go short here, but rather a heads up for a possible buy, down in that area. 1563 should be a safe place to place a stop.Ignored
DislikedAnything is possible, but last weeks move was REALLY strong closing at the highs of the week. Take a look at the chart I posted a page back. Any sell off past the 50% retrace (1645 for /GC & 159.20 for GLD) is extremely suspicious and to me would signal that there are actually more sellers than buyers.Ignored
DislikedAnything is possible, but last weeks move was REALLY strong closing at the highs of the week. Take a look at the chart I posted a page back. Any sell off past the 50% retrace (1645 for /GC & 159.20 for GLD) is extremely suspicious and to me would signal that there are actually more sellers than buyers.Ignored
DislikedA move to 1633 would test the break and that is a very common thing that happens.Ignored
DislikedUncomplicated answer: Fibs measure buying/selling strength. Less retrace means more power, more retrace means less power.
Complicated answer: So at the 50% Fib you could buy and place a PT at last weeks highs and a SL at last weeks lows correct? 1:1 risk reward. Why would any sellers step in below 50% if their risk:reward becomes less than 1:1? The answer to why they open new positions below 50% is that they believe price will continue PAST last weeks lows. The same goes for why people would buy at the 38.2% retrace...they believe it will go PAST...Ignored
DislikedI have my doubts about this theory, man. I'm all for trying to understand the market and its participants, but I see prices retrace past 50% all the time and then reverse. Hell, just look at the last 5 months in this gold market. I count 6 retracements that went past 50% that reversed shortly after. See chart.Ignored