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- Shaggy_rock replied Feb 17, 2012
Trading is psychology, don't trade against until you see strength of the opposing trend. Which is step two. The first step is what you call "rejection", I call it weakness. A third step before you may enter, could or should be a test of the s/r ...
- Shaggy_rock replied Feb 11, 2012
Some crucial levels 26 (reaction low) could flip gold back down, there are sellers that brought it further down from there. If going above 34 and staying there we are in another range (to top high) For now and until level 26, there should be only ...
- Shaggy_rock replied Feb 4, 2012
All usd based pairs recovered quickly, oil hit a major resistance the day before and heads up, sure we get retests. But anyway why did gold drop further. which fundamentals are you talking about then. If you look at how price moved between 44 and ...
- Shaggy_rock replied Feb 2, 2012
1760 hit so i'm out, many possible supports now tho, 51 -47 seems interesting, 40 - 30 if sellers are strong, trade safe
- Shaggy_rock replied Jan 29, 2012
horizontal levels to watch and possible scenario
- Shaggy_rock replied Jan 29, 2012
how I see gold, I think the orange channel is about to expand, but could already find resistance in the blue box, maybe taking a little breath and retrace to break it and testing those red lines above. Let's see what goes first. Cheers S.
- Shaggy_rock replied Nov 4, 2011
You want to buy? You just said it's full of bearish butterflies? Well for me i just got behind my screen, didn't get much out of this exept my second sell target taken at 50 For now i only see down trended channels, price is still in it, but i ...
- Shaggy_rock replied Nov 3, 2011
Hi and welcome, I hope you are covered, but relax, the 1760 - 70 ish area is hard to breach. Looking for a nice sell right now, altough this type of pattern is hard to bring down. so i need double confirmation, target is 1750 - 40. ultimate target ...
- Shaggy_rock replied Oct 30, 2011
I think i'll be looking for short signals, to me price has reached a supply zone. Althought it broke my up channel, I think i can see some kind of divergence on higher timeframes. Maybe price - time moved too fast? I'll just be trading the ...
- Shaggy_rock replied Oct 18, 2011
here is one, shows in pips not percentage, whatever..
- Shaggy_rock replied Oct 16, 2011
That is a possibility, 38 retrace was or is hard to break, but atm i think bulls are currently in control, i try to catch the 1720 zone, and see what happens there.
- Shaggy_rock replied Oct 14, 2011
All went as planned, next i see bearish divergence on 5M. 1H timeframe kinda looks like head - shoulder - head, needs confirmation.
- Shaggy_rock replied Oct 13, 2011
Deviate from the previous one hour fractal. I'd say, pullback first to regain strength or continue to the southside. This leading trendline has not yet been broken, let's wait and see i'd love to see it going back to 167x - 168x ish.
- Shaggy_rock replied Sep 28, 2011
if price closes under 1633.50 it will give another good hit down hourly down fractal break
- Shaggy_rock replied Sep 25, 2011
thank you for the link lilpip, biggest sell off for gold in one day, huge volume, sais enough. however we can discuss about the duration of this movement. the end of the month is near and could turn the table i also spot quite a bit of support ...
- Shaggy_rock replied Jan 4, 2011
4H chart, equidistant channel, lower line on an ascending triangle pattern. Gold is expected to go 1500? Still, USD is gaining strength..
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