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- Uneek replied Feb 25, 2013
Gold 4hr. Sliding parallel that was previously support has now potentially turned into resistance.
- Uneek replied Feb 18, 2013
It's been a while seen we have had a fork to look at since Beeb's departure from ff and this is about as good as I can contribute.
- Uneek replied Jan 28, 2013
Let me say that this place won't be the same without you. All the best on your new venture and see you there!
- Uneek replied Dec 21, 2012
Well when I said manipulated I was actually refering to the price and not literally the handle. Either way I am just speculating. What XT said about patterns rarely being textbook is a point worth remembering. BTW Merry Christmas and Happy Holidays ...
- Uneek replied Dec 20, 2012
Generally the handle should form in the upper half of the cup ie. above 1660 so either the pattern is no longer valid or the handle is being manipulated.
- Uneek replied Dec 20, 2012
From what I can see you have held on to your longs in the hopes that gold will soon move back up. Unfortunately I don't really see that happening too soon. Gold has taken out all of the supports on my charts and all that is left are potential areas ...
- Uneek replied Dec 20, 2012
If you are looking to go long then I would wait for gold to settle and find support which at the moment it hasn't. If you are looking to go short, you might be a bit too late as we could be near a bottom. So my suggestion would be to sit on the side ...
- Uneek replied Dec 20, 2012
Yeah I must have missed that disclaimer cause the font was so small.
- Uneek replied Dec 20, 2012
Seriously? That's the kind of call you are going to make without any justification and a 50 dollar range? Such calls should be kept to yourself. There are many who are new to gold and might get wiped out just because they took your advise. What a ...
- Uneek replied Dec 19, 2012
Having spent 10 years in the metals production industry, I would have to agree that market prices dropping to the same levels as mining cost is a bit far fetched. Given that gold mining and refining is not exactly the easiest thing to do not to ...
- Uneek replied Nov 7, 2012
The lines that make up the fork are potential future areas of support or resistance. Normally other tools or indicators are used in conjunction with forks to form a prediction. Which tools to use are subjective as its really a matter of what works ...
- Uneek replied Nov 5, 2012
I reckon that the pitchfork you have drawn there is a bit premature as it does not have sufficient validation to be convincing. I think you will find an up trending fork following the slope of your red trend line to be more suitable. You would ...
- Uneek replied Nov 4, 2012
Short for Andrew's Pitchforks.
- Uneek replied Nov 2, 2012
Had the same spike on my broker too but not on FXCM data feeds which I use for charting.
- Uneek replied Nov 2, 2012
Wish I could tell you but I have no idea . . . .
- Uneek replied Nov 2, 2012
Not everybody is bullish on gold. I doubt one report can speak for all gold traders. Also have to consider that many are long term bullish but short term neutral. 1690 is the 38.2% fib retracement level for May's low to Oct's high and I guess many ...
- Uneek replied Nov 2, 2012
Time to invest in a telescope.
- Uneek replied Oct 27, 2012
Thanks for pointing it out. Couldn't help it, the noob in me still gets all excited when GC and SI start moving like that so much so I failed to take note of the time frame.
- Uneek replied Oct 27, 2012
I was hoping that GC & SI would break out from the down trending channel esp. when Beeb pointed out the spike in volume. Unfortunately it looks like we ended the day with indecision with SI just peeking through the top of the channel. However we ...
- Uneek replied Oct 26, 2012
Love the new indicator