when unemployemt and retail data come out (which is negative), gold didnt move up When inventory data come out (which is positive), gold move down and touch 1220... But didnt break it... Safe to say gold is reacting more to positive news than ...

Only Gold!

comparison of gold to dollar index

Only Gold!

If today is bullish, I would rather see price not breaking below 1225... If support can build there, i will long Asian session so far up 7 points. (This week: all asian sessions have been up or sideways..) If there is shooting star doji (after some ...

Only Gold!

So far long looks good.... i am waiting for entry on pullback....

Only Gold!

Morning CT... What is your PA meter for today... ? I think given inability of PA to break 1220 yesterday... today it will rise... A minimal risk entry would be if there is a doji with long leg testing the lower side..

Only Gold!

On another note, today's volume is not too much different from yesterday. Yet the price is more or less sideways. If price cannot break 1220 today, I think price may shoot up tomorrow, wrapping up this week move.

Only Gold!

Was away for a while... need to take care of my kid ... Quote : "PS: will await for consolidation around NY noon.. won't catch a falling knife.. maybe even wait for morning in New Delhi.. " I assume you are bullish then and are looking to ...

Only Gold!

not feeling safe with short... ?

Only Gold!

chart..

Only Gold!

test short at 1226.. TP: yesterday low. volume on H1 bar is higher than the afternoon spike but buying got absorbed...

Only Gold!

Sth about the afternoon spike up has drawn everybody attention.... Yeah.. may just wait till 12 p.m N.Y Not forgetting at 10 p.m. there is inventory data coming out also... May be a reversal there also...

Only Gold!

If after news it spike down, then i will just miss the train..

Only Gold!

Here is my strategy: If after unemployment claims come out and we have shooting star doji, i will short... Reason: SLs have been hunted, price ready to fall... That means i have half an hour after news release to decide... If on the other hand it ...

Only Gold!

Cut loss at 1225

Only Gold!

doing a scalp.. Sell at 1221.90 tp 1218.7

Only Gold!

make a bit ... lose a bit... make a bit... lost a bit.... then make a lot That should be the mantra...

Only Gold!

I will watch if there is resistance forming around London morning. IF got, maybe a good point to short... If no, will wait for surprise move created by trader's mistake..

Only Gold!

Never understimate proffesionals SLs hunter or market marker... If on the other hand support cannot be breached till tomorrow Asian session, we may see price bounced back, since there will be a lot short SLs to be hunted... And then maybe when they ...

Only Gold!

Good call Mika... What are the zones to watch out for today... ?

Only Gold!

CT... What's your view for today...?

Only Gold!