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  • #17,081
  • Oct 6, 2014 7:34am Oct 6, 2014 7:34am
Quoting honeybadger
{quote} Has your friend CT ever shared a trend line of a strategy on this thread. lol. And pardon seasoned trader ? Who CT ? He is an investror because he has no other way out. And Seasons aren't an original thought. It's been said a lot of time numerous traders on this thread before. And it's right about time a handful of fake "seasoned traders" understand that being a newbie and having a opinion isn't a bad thing. Because if you are seasoned and forget about what your opinions were when you were noob. Then you haven't grown with time you are still...
ok
you win
feel better!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,082
  • Oct 6, 2014 7:37am Oct 6, 2014 7:37am
Quoting PatrickNgau
{quote} & when was wedding season in south Asia?
Mate, lets focus on trades, lets focus on business.

----------

I got some more shorts above 1300. I have loads of longs too. I started trading VVSA few weeks back, the longs and shorts shuffle and increase / decrease a lot on daily basis. So, not been sharing my positions daily and I won't do that a lot in future either.
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Hello World!
  • #17,083
  • Oct 6, 2014 7:58am Oct 6, 2014 7:58am
Let's just get back to analytical & productive discussions, shall we?

What's the next target for Gold Down Trend?
My target for this $1178-79 area which was the lowest level back in December 2013.

Possible target if Trend Reversal does happen?
I have strong believe on Pivot levels; especially for Gold. I think mid/long term reversal could only happen if D1 Candle closes above Monthly Pivot level of $1234. Anything lower than that will just be retracements of the current down trend.

Cheers.
  • #17,084
  • Oct 6, 2014 8:11am Oct 6, 2014 8:11am
Quoting wibie g
Let's just get back to analytical & productive discussions, shall we? What's the next target for Gold Down Trend? My target for this $1178-79 area which was the lowest level back in December 2013. Possible target if Trend Reversal does happen? I have strong believe on Pivot levels; especially for Gold. I think mid/long term reversal could only happen if D1 Candle closes above Monthly Pivot level of $1234. Anything lower than that will just be retracements of the current down trend. Cheers.
Yes buddy, we should.

I suggest lesser gossip and everyone should share a call / view based on some technical analysis..

Lets make this a zero gossip zone.. only technical / fundamental stuff to be posted..
Hello World!
  • #17,085
  • Oct 6, 2014 8:16am Oct 6, 2014 8:16am
Quoting mostafa54
On the daily chart, the price is behaving like a bear inside a down sloping channel and a harmonic pattern is in sight simultaneously. Till October 9th its time will be fulfilled and we are expecting a growth if it got stabilized around $1200 area. on the other hand, we are expecting a drop by having the price stabilized below the channel in $1190 area. http://analysis2014.blogspot.com/ {image}

i second your opinion.. this is the same chart i was about to post..

imo if it closes above the daily pivot level today i.e 1199-1200 i think that might just be the cherry.. the boost the bulls need for some sort of a revival.. however according to the downward trendline i pointed out, i believe that if we close above 1195ish level today we might just be set for a re test against the levels 1230-1245.. 1240 has been strong lately so ill keep it to that.. but any long term bull rallies like CT has been directing towards seem really hard to me RIGHT now.. but yes hoping that this immense dollar strength eases out over the next few weeks it really is likely to cross 1300s by mid or end of december.. as for now ill be going with keeping a few longs open after seeing how the price reacted around the 1183 area
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  • #17,086
  • Oct 6, 2014 8:22am Oct 6, 2014 8:22am
guys dont be so happy with this bounce,this is monday,main movement of the week is ahead......as I said in my previous posts,this kind of bounce will happen here and there,30-50$ range of short covering rally,

nothing can go down or up forever,look at GU,EU,NU,AU recent move,correction must happen,A good trader is who understands timing of this events.

1180 will be broken soon but not before a retrace I think.cause usd index is so much overbought,
until 1180 holding bounce is expected to 1243 to 1300,crosing 1350 will break the down trend,which is not possible after a weekly close under 1200 since 2011
If

I am a bull of gold but I changed my mind recently as I realize nothing can happen without the central bankers plan,
there plan is to suppress gold as much as they can,weaken there local currency vs USD, and keep china,russia in control over gold,oil.
as a technical trader I always say what the chart say to me,all are saying short term correction in gold can happen,then resume the downtrend.
all I need a 40$ correction more from here,

as the chart saying a retest of triangle trend line is on the table,USd index can retest the 84.50 level,that means gold will go up for short time if 1180 holds for a little time before larger downtrend starts,silver gave us a signal earlier.lets see what happens,
Its all about making profits,with a minimum risk,but risk management is so important.

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Nothing Is Certain In The Universe
  • #17,087
  • Oct 6, 2014 8:29am Oct 6, 2014 8:29am
I posted a small peakout on M15, this is eventually going to drag the price down, either from 1202-05 levels or from current levels.

During the peakout and then drag-down process during next few days, we will have a clear view where this is going.

On a broad level, my view remains bullish since last week, OF COURSE there was a fall not in line with my view, yet, my view remains same.

I would like to hedge a little, of course in a super safe way around 1195-1205 levels.


Quoting haider13
{quote} i second your opinion.. this is the same chart i was about to post.. imo if it closes above the daily pivot level today i.e 1199-1200 i think that might just be the cherry.. the boost the bulls need for some sort of a revival.. however according to the downward trendline i pointed out, i believe that if we close above 1195ish level today we might just be set for a re test against the levels 1230-1245.. 1240 has been strong lately so ill keep it to that.. but any long term bull rallies like CT has been directing towards seem really hard to...
Hello World!
  • #17,088
  • Oct 6, 2014 8:33am Oct 6, 2014 8:33am
i am thinking around 1202, 1203 & 1206.
  • #17,089
  • Oct 6, 2014 8:36am Oct 6, 2014 8:36am
Quoting PatrickNgau
i am thinking around 1202, 1203 & 1206.
hey buddy, I suggest you post at least one analysis and then you can post your views on the basis of the same.

Merely posting views without any analysis won't help anybody here but shall be considered as newbie noise.
Hello World!
  • #17,090
  • Oct 6, 2014 8:50am Oct 6, 2014 8:50am
To brighten things up here this is where i think gold is going
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  • #17,091
  • Oct 6, 2014 8:53am Oct 6, 2014 8:53am
Quoting rythmrig
To brighten things up here this is where i think gold is going {image}
hey buddy, I suggest you post at least one analysis and then you can post your views on the basis of the same.
  • #17,092
  • Oct 6, 2014 9:17am Oct 6, 2014 9:17am
is there any one who can confirm this news.... http://kingworldnews.com/kingworldne..._to_Spike.html
  • #17,093
  • Oct 6, 2014 9:25am Oct 6, 2014 9:25am
Quoting PatrickNgau
{quote} hey buddy, I suggest you post at least one analysis and then you can post your views on the basis of the same.
Light posts like that are fine once in a while. Traders are stressed, such things help..
Hello World!
  • #17,094
  • Oct 6, 2014 9:28am Oct 6, 2014 9:28am
Quoting Rashidtrade
is there any one who can confirm this news.... http://kingworldnews.com/kingworldne..._to_Spike.html

hahaaaaaa, it was for 3 years ago,
concentrate on your trade not such a ...
  • #17,095
  • Oct 6, 2014 9:29am Oct 6, 2014 9:29am
lol
  • #17,096
  • Oct 6, 2014 9:30am Oct 6, 2014 9:30am
Quoting Rashidtrade
is there any one who can confirm this news.... http://kingworldnews.com/kingworldne..._to_Spike.html
IMHO, Gold is going through multi-year bearish phase. Past year, seasons failed to perform. Most likely seasons won't perform great this year either. With that said, Gold is least likely to be bullish on monthly chart in the next few years. It may climb $100 from the bottom in an year and then fall $150-200.

Due to these reasons, I've taken deep interest in hedging and trades lately in order to safeguard my seasonal investments.
Hello World!
  • #17,097
  • Oct 6, 2014 9:31am Oct 6, 2014 9:31am
Quoting Rashidtrade
is there any one who can confirm this news.... http://kingworldnews.com/kingworldne..._to_Spike.html
I myself cant really confirm this, but we should respect it, i have found there are many groups, or peoples, calling themselves experienced traders, financial experts, or even ex-CIA agent, etc..one example there is a guy from money morning, Dr. Kent Moors who have revealed good points about palladium, crude oil as new gold standard, Alibaba IPO, Chinese tanks smuggling golds off the book, the horrifying future about ISIS & how the western oil company's will benefits from it, well..for me, they are reliable sources.
  • #17,098
  • Oct 6, 2014 9:31am Oct 6, 2014 9:31am
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  • #17,099
  • Oct 6, 2014 9:31am Oct 6, 2014 9:31am
Quoting Arshamv
{quote} hahaaaaaa, it was for 3 years ago, concentrate on your trade not such a ...
Gosh!! I didn't check the date.. Thanks for the post mate..
Hello World!
  • #17,100
  • Oct 6, 2014 9:32am Oct 6, 2014 9:32am
Quoting Rashidtrade
lol
he is also brightening the things up,right
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