Please Do Not PM Me With Coding Enquiries
Spot gold EA from OG gold system 8 replies
Gold Miner - Gold future support and resistance level trade 7 replies
DislikedWell Deepak, we are nearer the bottom of the range than the top, so what you say is valid. I'd just like to see price break above the 1650 level. I'm not trading much while we are in this area and when I do, I'm tending towards keeping my position sizes small. It's a difficult market at the momentIgnored
DislikedHi Guys, I have just enter long on gold. Will keep you posted on the tradeIgnored
DislikedHi Gumrai, I entered on the retrace of the bullish weekly pin bar. looking to add to the position as we speak. It is going to be an interesting day. Cheers Pipin.Ignored
DislikedAnd we are dead! Nobody believed, heh? Gumrai, at least you kept your cool! Good Luck!Ignored
DislikedAlthough this is nothing to do with PA, I will repeat a post that I made in another thread. "Regarding Gold, it is possible that you will see further major falls in Gold price. There is an action group that alleges that the London Bullion Market Association has been selling Gold based on the fractional reserve basis. Because most people/organisations that that buy Gold do not take physical delivery, this has allowed the LBMA to sell more Gold than they actually have access to. LBMA is not an exchange that deals in futures or derivatives, it is...Ignored
DislikedOne of the problems that I have with trading is that when there is a huge move, a little voice in my head keeps telling me "Surely it's gonna turn soon" {image}Ignored
DislikedGOLD is showing signs for going back up, at least for now. {image} {image}Ignored
DislikedYes it is now. Since I made the previous post, bulls have pushed higher than the extremes of the last few candles which nullifies my previous analysis. Now looking for new signs of bullish weakness before jumping in in the direction of the trend. But still at S/R level. {image}Ignored
DislikedWell, note my words: The scenario is going to be like this: The Price will turn back in an arch, somewhat like the "Italian boot". It will either reach a new Low, or the retrace will Close Higher. Then, there will be a few smaller arches, like a ball bouncing. Then, we will see if they shoot up?! {image}Ignored