No problem at all bro! Also GU 6337 short is on now, just below strong level.

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boring no event day probably that's what it's gonna be.

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On gold generally cause we ran out of monthly resistances, what I did was I calculated the Pivot and S/R levels on my own. Here are the levels. R5 2084 R4 1914.666667 R3 1745.333333 R2 1660.666667 R1 1581.333333 quarter pivot 1496.666667 S1 ...

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yeah, cause it's an area of technical confluence and also MR1. image

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looking @ H4 EU we are into the wedge formation, however the H4 red long-tailed candle kinda looks as though we are to print some price above 4500, before this pattern finds a resolution. image

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man this is insane, PA is playing ping-pong, I got out bot EU / GU and will wait for high/low to be printed and then enter a trade. GU 6270-6280 looks like a tentative buy-zone.

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ill try for 6440

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GU looks like reversing now.

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gold is short only until at least 1670, then it might find support and close attention on DJI, if it dives from current levels, it's a good idea to get in long gold.

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same deal on EU short sell @ 4437 SL previous high. On H1 EU it's a tall wick.

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Now Ive setup a pending sell order on GU @ 6343 TP @ 6270. PA is deceptive and seems the dollar found some support.

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image Heres the DJI chart, to answer the question about gold. There is an inverse correlation between two markets, and currently it's very strong. Once the line is confirmed as resistance and DJI starts to accelerate downwards I expect gold to ...

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image The way I see it on GU, we eigher crack below 50 now and hit target on shorts, or rally towards 6440 only to get rejected and reach 6250-70 area anyway. So either way it's short only.

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EU looks like a decent long, once it clear 4467 TP @ forecasted high @ 4550 approx, SL I'd say 20 or so.

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GU high low for today 25/08/2011 1.6447 1.6270 EU calculating. EU high low for today 25/08/2011 1.4546 1.4400

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GU bought some @ current price, expecting a pullback today, also calculation HIGH/LOW on GU, will post shortly!

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yeah 6350 is a decent target on shorts, as noted before, besides this whole down move was forecasted before in advance by the D1 formations.

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GBP CAD very nice short, targets @ 6060 current price is 6210.

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yeah, that's true, still dollar is gaining ground. and H8 GU long wicked candle points to more downside to come. image

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Man I sold more of this GU SOB, now awaiting a strong down move.

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