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Gold RIGHT NOW

  • #801
  • Sep 26, 2019 12:16pm Sep 26, 2019 12:16pm
Quoting Goat
I think we're back on the RD Express buds! {image}
Gold right now is not agreeing with you. We're bouncing around between 1505 and 1510 atm. I am looking to play that range for a while - selling the rally peaks and buying in the 1500-1505 level.
If in doubt, paddle out!
  • #802
  • Sep 26, 2019 2:36pm Sep 26, 2019 2:36pm
Quoting SurfsUp
{quote} Gold right now is not agreeing with you. We're bouncing around between 1505 and 1510 atm. I am looking to play that range for a while - selling the rally peaks and buying in the 1500-1505 level.
and right now XAU is challenging again the 1500 support for the third time in 24hrs....

Stop hunting?

Will it hold or break?

I have a 0.4L B@1500.

A gamble?
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #803
  • Sep 26, 2019 3:04pm Sep 26, 2019 3:04pm
Quoting Harry6
{quote} and right now XAU is challenging again the 1500 support for the third time in 24hrs.... Stop hunting? Will it hold or break? I have a 0.4L B@1500. A gamble?
Most likely hold, if they wanted to let it fall, the volume (smart money) wouldn't pop in the 2nd attempt to break it. As you can see all candles before the test candle, were low volume, aka only retail investors were in play.
  • #804
  • Sep 27, 2019 1:36am Sep 27, 2019 1:36am
Yikes! Anybody have news on this drop??
Attached Image
  • #805
  • Sep 27, 2019 1:38am Sep 27, 2019 1:38am
Quoting Goat
Yikes! Anybody have news on this drop?? {image}
Just a retest of the 1500
  • #806
  • Edited 2:14am Sep 27, 2019 1:42am | Edited 2:14am
Looks like more than that! Decent volume going off on that move...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 26 KB
  • #807
  • Sep 27, 2019 2:18am Sep 27, 2019 2:18am
It's the BOE. https://www.metalsmine.com/news/9510...lance-of-risks
  • #808
  • Sep 27, 2019 2:27am Sep 27, 2019 2:27am
Quoting Goat
Yikes! Anybody have news on this drop?? {image}
https://www.forexfactory.com/showthr...8#post12527448

SnP & DOW try to pop
It's better to be out wishing to be in... than to be in wishing to be out!
  • #809
  • Sep 27, 2019 2:32am Sep 27, 2019 2:32am
GOLD just reached a fib 786, but after correction it will properly target to 1.477. See attached chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.png Size: 49 KB
  • #810
  • Sep 27, 2019 3:15am Sep 27, 2019 3:15am
Quoting UnoWoo
GOLD just reached a fib 786, but after correction it will properly target to 1.477. See attached chart. {image}
Thanks for the fibs! Subscribed.
  • #811
  • Sep 27, 2019 3:22am Sep 27, 2019 3:22am
Quoting UnoWoo
GOLD just reached a fib 786, but after correction it will properly target to 1.477. See attached chart. {image}
Excellent chart. Looking forward to more of your levels here on Silver, Copper and other metals too.
  • #812
  • Sep 27, 2019 5:53am Sep 27, 2019 5:53am
https://www.forexfactory.com/showthr...5#post12527985
It's better to be out wishing to be in... than to be in wishing to be out!
  • #813
  • Sep 27, 2019 11:56am Sep 27, 2019 11:56am
Quoting Harry6
{quote} and right now XAU is challenging again the 1500 support for the third time in 24hrs.... Stop hunting? Will it hold or break? I have a 0.4L B@1500. A gamble?

Well, shit..........

I am out from 1500 position

and in for a ride lower...........
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #814
  • Sep 29, 2019 6:14pm Sep 29, 2019 6:14pm
Gold right now is off to a good start to the week, up from the open.

1M chart shows prices rose a few dollars already. That's important because a breach of the $1500 handle would be bearish.
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #815
  • Sep 30, 2019 7:52am Sep 30, 2019 7:52am
Gold right now is in the midst of a sell-off from a high of around 1500, now hanging around 1483 support level.
If in doubt, paddle out!
  • #816
  • Sep 30, 2019 10:07am Sep 30, 2019 10:07am
Still looking for that rally in gold right now. Haven't found the floor yet. Pushed through a lot of support levels so far today. Can 1480 hold?
If in doubt, paddle out!
  • #817
  • Sep 30, 2019 10:41am Sep 30, 2019 10:41am
Below the Ichi cloud and H & S pattern
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.JPG Size: 91 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #818
  • Sep 30, 2019 4:49pm Sep 30, 2019 4:49pm
Quoting SurfsUp
Still looking for that rally in gold right now. Haven't found the floor yet. Pushed through a lot of support levels so far today. Can 1480 hold?
Nope............
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #819
  • Oct 1, 2019 12:38pm Oct 1, 2019 12:38pm
To be honest, kinda confused atm... Gold dropped a little... Which might be a good thing/opportunity to buy some of it physically..
As always, I still believe it to be underpriced due to many factors that we already discussed... But for the daily... I must say... I would wait for the controlling market to rebound (which in my case is eurusd that I expect it to rebound for 100+ pips within a/this week) so the firmer picture would show... So longer term.. definitely buy for me, specially if you buy to hold/reserve... Not sure if I would enter any trade for the next few days.. Better safe than sorry... But after this "mess" gets through...
I believe we will have some good buy opportunities and I am thinking about posting the trading system... with witch we can harvest as much as possible... It should not be complicated but not "out of..." either Will keep you posted...

Any ideas welcome.
Can you afford to take that chance?
  • #820
  • Oct 2, 2019 2:32am Oct 2, 2019 2:32am
Well, XAU NOW a kind of bottom forming around 1470?????

Or still another bottomless hole????

And the ceiling resistance still around 1500?

We can only speculate. Nobody knows....
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
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