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- choubaka replied Dec 13, 2017
Last rate hike was June 14th and price wicked. After that the price came down from 1265 to 1202. That is definitely not up.
- choubaka replied May 18, 2016
Yeah I know the stats! But gold got really owned the last few years so it didn't pay much attention to the seasonal charts. I don't know if those U.S equities can stand on this cliff until november comes. I guess anything is possible. I am ready ...
- choubaka replied May 18, 2016
With the U.S equity indices looking so top heavy, I wonder when they eventually do drop drastically, how will this affect gold. My immediate thought would be that it is bullish commodities. I'm closely watching any moves that suggest this. Will ...
- choubaka replied May 10, 2016
I thought it broke out of its consolidation pattern for us to get a new trend but it got blocked at 1304$. I'm trying to figure out where will this be going in the next weeks (as I am a trend follower)
- choubaka replied Mar 8, 2016
Been a while since my last post here.. I'm quietly waiting on the sidelines for this pair to decide which way it's going. I'm still bull for the long term but I am too seeing consolidation before that. I could be wrong but I won't do nothing before ...
- choubaka replied Feb 29, 2016
In the long term, I remain bullish gold but.... the short term looks like a correction needs to be done. MACD crossed and RSI is slowly going down.
- choubaka replied Feb 22, 2016
I'm getting mixed signals from there 4H chart and daily chart. I'm not tok sure where this is heading...
- choubaka replied Feb 22, 2016
I didn't expect gold to drop like this. How much will it go down..? We are already at 1203 since last week high of 1239 !
- choubaka replied Feb 18, 2016
Sorry! I didn't see you last post! I am long since 1203 and I'm trailing the price.
- choubaka replied Feb 18, 2016
You're looking to short?
- choubaka replied Feb 18, 2016
Your pattern got broke to the upside with today PA. Maybe gold is going back to test it's previous high of 1260$
- choubaka replied Feb 18, 2016
What does this pattern suggest?
- choubaka replied Feb 10, 2016
Here we are above 1200.. it spiked to 1214!! It's kinda rare that gold is pushing higher fast this early in the new trading. session.
- choubaka replied Jan 27, 2016
Another little push higher today. I wonder where the next resistance is...
- choubaka replied Jan 26, 2016
Of course! My tp is there (breakeven) It has helped gold that generally speaking it's getting help from the whole global stock market because it kinda topped and is now in a downtrend. Just my thoughts though
- choubaka replied Jan 26, 2016
I am looking at the daily chart! Since early december XAU/USD has been making higher lows. RSI in both 14 and 30 timeframe turned bullish in the last week and MACD crossed to positive territory and hasn't let up since.
- choubaka replied Jan 25, 2016
Gold is making a good case for an uptrend right now. Let's see if it holds!!
- choubaka replied Nov 25, 2014
Wow what is happening.........?????
- Posts by Member Search: 'choubaka'