So yesterday we have a fall.. and 1225 is currently a resistance ( based on failed reversal at 12 p.m NY) If we have a repeat of what happens so far in this week: Asian session will climb to resistance, then on london open it will ding dong for some ...

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I think the catalyst today is dollar index. it is still moving upwards right now...

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Learning from CT.. if you want to buy it back, better wait till 12 p.m N.Y....

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Where do you think it will stop.... ?

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Yupe... Together...., we stand a better chance of not being manipulated by market market or proffesional SL hunters....

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Exited short at 1225. Should have wait till 12 p.m NY but this is just wednesday.. will see....

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If there is any catalyst, it may be that dollar index is about to may or may not break up....

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Today may shed some light as to where gold is going this week. 1238 seems to hold really strong since yesterday, price just cant shoot though it. My guess is that there is heavy sell order queuing there. If this is true, there "may" be a push to the ...

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Okay then.... Let's watch gold zig zag dong dance now...

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CT... Do you think there is any possiblity we see a selloff today? Just feel strange with PA..?

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Now can only wait and see till NY opens

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Or maybe a better strategy is wait till today is over... if 1238 cannot be broken even in NY session, we may have a short opportunity there....

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Dont you think that if price cannot even break 1238 in the next 1 hour, we may see it quickly drop to 1230? If we guess the inability of price to reverse after 12 p,m NY yesterday is because there are a lot of pending sell order at 1238; then it ...

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@1238.05 The pace is quite bearish i will tend to think.. Will wait for London session for more conformation...

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There seems to be a lot pending sell order at 1238, everytime price reach there, it meets with resistance.....

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So there is a possibility of a retest of yesterday high? After yesterday test of support, it seems that the low holds, now the question remains whether the high will hold too ...?

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Here is what I think may happen today we gonna have a test of 1245-1250 region. tomorrow gonna sideways around that. If resistance holds on thrusday, then we may come back down to 1236 region or possibly break it... Let's see...

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Therefore If 1236 holds today, we may see upside today

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May go back up again. I close my short at 1241.25.. not so sure of the direction, still early in the week....Got small bottom out in M15... On the other hand, there willl still be many more clearer money making opportunity

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Thanks for your reply Hard to tell... But if 1245 is not broken, my bias is short till NY open... Or we might instead just see a sideways move

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