just to celebrate gold's new ATH here's a 5min spot chart instead of my normal GC one. Circled are two perfect two-bar entries for longs.....
beeb
beeb
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
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DislikedLittle dip to 1634 bought, looking for 1644. 10 USD swing for your short termers.
Look for breakout if the PA holds above 1640Ignored
DislikedIf you want to be Happy at Christmass;
Buy Gold NOW.
Adjust MM during to late September.
1,550.00 is gone. Done & Dusted.
1,600 may be challenged again but that will be naught more than an opportunity.
BIgnored
DislikedWhat reversal are you looking for?
One would be wise to follow the trend here.
.Ignored
Disliked
I hope(thread rule not to write this but still...) you can guide me here with some advice on how to identify strength in a trend.
ThanksIgnored
DislikedYou were perfectly right here. It did move down but just $4 or something. Counter-trend trades are more stressful and short lived. Wonder how you can maintain a constant look on the trend. Every time Gold moves too much on one side I start looking at the reversal. Been the reason for most my losses in Gold in all these years. When the trend starts my account moves to a gain of 20% and then comes back to 5% .
I hope(thread rule not to write this but still...) you can guide me here with some advice on how to identify strength in a trend.
Thanks...Ignored
DislikedThe fall in Wall Street today was -2.2% dow jones and nasdaq -2.8, right?
Spain country risk was the highest today.
was all that, the reason of the GOLD BUMP today?Ignored
DislikedLittle dip to 1634 bought, looking for 1644. 10 USD swing for your short termers.
Look for breakout if the PA holds above 1640Ignored