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Only Gold!

  • #1,141
  • Sep 12, 2013 10:32am Sep 12, 2013 10:32am
Quoting openyoureyes
{quote} most prof. trade in 2-3 months maybe very nice, hope I can find trades like this more often

good job!
im short from now on
btw do you use: http://www.investing.com/commodities/gold-technical ??
do you think its usefull ?
  • #1,142
  • Sep 12, 2013 10:40am Sep 12, 2013 10:40am
Quoting paka89
{quote} good job! im short from now on btw do you use: http://www.investing.com/commodities/gold-technical ?? do you think its usefull ?
That's brave. Good luck.
I have no clue what I'm talking about.
  • #1,143
  • Sep 12, 2013 10:46am Sep 12, 2013 10:46am
Quoting Boy Wonder
{quote} That's brave. Good luck.
W1 XAUUSD aka showmethemoney (last weeks closing chart)
if this week closes like this = bearish confirmed,
further down until support...

*also need no risk (no syria)

edit: image
Attached Image (click to enlarge)
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  • #1,144
  • Sep 12, 2013 10:50am Sep 12, 2013 10:50am
My long term view remains LONG as explained & proven on Page 15 of this thread.

I'll call it a day now.
Hello World!
  • #1,145
  • Sep 12, 2013 10:52am Sep 12, 2013 10:52am
I share the same long term view,
but for short, medium term I expect further decline in XAUUSD...

a test of 1180-1200 and double buttom reversal to long term bullish..

I'll buy around mid october,
until than, for short term I will sell from local highs (daily, 4h)

attached : 1W XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: Dee8ZBA.png Size: 55 KB
  • #1,146
  • Sep 13, 2013 2:11pm Sep 13, 2013 2:11pm
GOLD WEEKLY CHART
Attached Image (click to enlarge)
Click to Enlarge Name: goldweekly.png Size: 49 KB
  • #1,147
  • Sep 13, 2013 11:20pm Sep 13, 2013 11:20pm
I expect the bounce to continue for about another 4-5 days & then the fall should carry on for some while.

I'm very hopeful that the bottom at 1180 shall sustain.
Hello World!
  • #1,148
  • Sep 15, 2013 9:47am Sep 15, 2013 9:47am
Where will be the direction of Gold on oppening?
Watch market as a layman, Do have a opposit trade what ur mind suggest ;-)
  • #1,149
  • Sep 15, 2013 8:39pm Sep 15, 2013 8:39pm
after lawrence summers withdraw, gold should be up between sept 2013 - jan 2014 , target 1600 or higher....
  • #1,150
  • Sep 16, 2013 10:51pm Sep 16, 2013 10:51pm
Bounce ain't taking place, hardly little retrace, expect this to go sideways or maybe hit SLs of sellers above & then the fall should continue.

Won't trade for another few weeks, been taking hits one after another.
Hello World!
  • #1,151
  • Sep 17, 2013 12:45pm Sep 17, 2013 12:45pm
I'll be waiting for 1178 to long this, remember tomorrow FOMC!! I'm still sure FOMC will break all the way
long term? of course long gold.
gold is still the only safe haven
  • #1,152
  • Sep 17, 2013 10:59pm Sep 17, 2013 10:59pm
Quoting lugy
I'll be waiting for 1178 to long this, remember tomorrow FOMC!! I'm still sure FOMC will break all the way long term? of course long gold. gold is still the only safe haven
The fall is supposed to continue, if it goes up or sideways that shall only be to hit the SLs of sellers.

In the long run, Gold was, is & will remain safe haven, however, one bad year in ten or one bad month in an year can wipe profits for any long term investor. Making tons of money off Gold requires tons of patience & tons of precision.
Hello World!
  • #1,153
  • Sep 17, 2013 11:00pm Sep 17, 2013 11:00pm
+ 250 pips short Gold!
Attached Image (click to enlarge)
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  • #1,154
  • Sep 17, 2013 11:06pm Sep 17, 2013 11:06pm
Quoting kaka_ht
+ 250 pips short Gold! {image}
I lost a lot lately but I'm glad to see someone is making money.
Hello World!
  • #1,155
  • Sep 17, 2013 11:08pm Sep 17, 2013 11:08pm
So Gold should continue to drop?
  • #1,156
  • Edited 3:11pm Sep 18, 2013 8:22am | Edited 3:11pm
Just Gold{ Sell below 1310, SL 1325, TP 1290-80-71, If Market goes above 1300, it might go for 1307-25-60} FOMC Statment will once hit 1380 in just 1hour after the annoucment if you have good margin you may have a good profit today,,,,,,,, Happy Trading
Watch market as a layman, Do have a opposit trade what ur mind suggest ;-)
  • #1,157
  • Sep 18, 2013 1:10pm Sep 18, 2013 1:10pm
so glad I closed my short this morning!!
"The market can remain irrational longer than you can remain solvent"
  • #1,158
  • Sep 18, 2013 1:15pm Sep 18, 2013 1:15pm
Quoting ClockTrader
{quote} I lost a lot lately but I'm glad to see someone is making money.

Gold fluctuate like hell.. After fomc...
Gold is my pleasure.
  • #1,159
  • Sep 21, 2013 4:30am Sep 21, 2013 4:30am
Dear Clock Trader,

I think your clock is still valid but just shifted to a week delay due to fed crap.

Here is my gold chart analysis...
Attached Image (click to enlarge)
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  • #1,160
  • Sep 22, 2013 9:55pm Sep 22, 2013 9:55pm
Quoting SStars
Dear Clock Trader, I think your clock is still valid but just shifted to a week delay due to fed crap. Here is my gold chart analysis... {image}
Well, my view remains short for another 10 days. I'm not trading at all right now. Its chaos. I would suggest buying when festival season called "Navratras" start here in India in about 10 - 12 days. I am very hopeful that the bottom 1180 shall sustain. Maybe it bottoms out around 1225 - 1250, fingers crossed.
Hello World!
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