DislikedMy personal view on Gold... {image} Will look for long at 1230 area.Ignored
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DislikedMy personal view on Gold... {image} Will look for long at 1230 area.Ignored
Disliked{quote} Chart update, still looks on track to 1267, though we might get a little bit of profit taking at 1244. {image}Ignored
Disliked{quote} And we did get the profit taking, could retrace all the way back to 1219/1220.Ignored
DislikedHave U missed the boat? Wondering whether to jump in now or wait for correction?Ignored
DislikedHave U missed the boat? Wondering whether to jump in now or wait for correction?Ignored
DislikedHave U missed the boat? Wondering whether to jump in now or wait for correction?Ignored
Disliked{quote} I've got this news: Reports said very heavy volume at the time of the price drop was recorded in gold futures–4,000 contracts in one second’s time, which could have been a big “fund” trader taking a long futures trade off the table. The price of February Comex gold was trading at $1,245.40 an ounce at 10:13 a.m. eastern standard time Monday morning, and then within one minute fell to a low of $1,212.60.Ignored
Disliked... You'd have to know what price the contracts were bought to calculate the PL. I meant a single gold fund was the source of the dump versus a broader sentiment sell off, which could be a bank or anyone with a large ETF holding, not a hedge fund specifically.Ignored
DislikedLook at D1 chart... there is a descending cable and 1 pin bar with a shooting star coming up... There is a H&S on H1... I think we are going down... {image}Ignored
Disliked{quote} I can see Gold levels going way below 1190. I think it'll go down to 1120 or even lower. I'm simply trying to follow the recent trend. There would be a reversal, but, don't think its there yet. It seems Gold will remain erratic and irrational before it peaks out sooner than later.Ignored