Gold Mining - Using Each Trading Day's Trend | Page 193 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #3,841
  • Dec 7, 2020 9:45am Dec 7, 2020 9:45am
Quoting BiteFX
{quote} Still bullish...we fly Alive. Sote !
Still rocking it alive...
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  • #3,842
  • Dec 8, 2020 2:42am Dec 8, 2020 2:42am
CHART UPDATE
Counter bullish trend short 1866 Small lot size
Bullish trend Long 1849/50/55 Normal lot size
Stay Alive
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  • #3,843
  • Dec 8, 2020 9:38am Dec 8, 2020 9:38am
LEVELS UPDATE
Gold eyeing 1900 first and then 1928 next... Let's fly alive.
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  • #3,844
  • Dec 9, 2020 3:47am Dec 9, 2020 3:47am
Quoting BiteFX
LEVELS UPDATE Gold eyeing 1900 first and then 1928 next... Let's fly alive.
LEVELS UPDATE
1856 acted support today, so for the coming sessions we might see 1872/76 to be in serious trouble when bulls get there.
We still flying alive...
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  • #3,845
  • Dec 9, 2020 7:27am Dec 9, 2020 7:27am
CHART UPDATE
Bears are mounting up pressure, but the bulls are resilient to keep the move on.
1848 comes to play but a break below 1838 and a sustained move below it will invalidate the bullish bias to bearish bias.

Am still Alive
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  • #3,846
  • Dec 9, 2020 9:00am Dec 9, 2020 9:00am
Quoting BiteFX
CHART UPDATE Bears are mounting up pressure, but the bulls are resilient to keep the move on. 1848 comes to play but a break below 1838 and a sustained move below it will invalidate the bullish bias to bearish bias. Am still Alive {image}
At that level, let's see what the have to offer us for waiting this long.
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  • #3,847
  • Dec 9, 2020 9:05am Dec 9, 2020 9:05am
Quoting BiteFX
CHART UPDATE Bears are mounting up pressure, but the bulls are resilient to keep the move on. 1848 comes to play but a break below 1838 and a sustained move below it will invalidate the bullish bias to bearish bias. Am still Alive {image}
Was tested again not too long, this is threat or might be real that the bears want to take over, we watch Alive.
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  • #3,848
  • Dec 9, 2020 7:05pm Dec 9, 2020 7:05pm
LEVELS UPDATE
Bulls ensured that they closed the market above 1838 yesterday...this is a sign that the bullish outlook might still be valid running through to 1900 and then 1928.

We Stay Alive
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  • #3,849
  • Dec 9, 2020 7:09pm Dec 9, 2020 7:09pm
Quoting BiteFX
LEVELS UPDATE Bulls ensured that they closed the market above 1838 yesterday...this is a sign that the bullish outlook might still be valid running through to 1900 and then 1928. We Stay Alive
However, if there is a sustained downside move to around 1809 then bulls are toasted.
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  • #3,850
  • Dec 10, 2020 3:38am Dec 10, 2020 3:38am
INTRADAY LEVEL
Breaking 1832.43 upwards and retesting will start a bullish movement up to and perhaps above 1842.
Breaking 1828.50, will exhaust the bulls.
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  • #3,851
  • Dec 10, 2020 6:19am Dec 10, 2020 6:19am
Quoting BiteFX
INTRADAY LEVEL Breaking 1832.43 upwards and retesting will start a bullish movement up to and perhaps above 1842. Breaking 1828.50, will exhaust the bulls.
Condition for the move is established.
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  • #3,852
  • Dec 10, 2020 8:20am Dec 10, 2020 8:20am
CHART UPDATE
Bulls got a Giant inverse Head and Shoulders pattern and the Bears got a Small Head and Shoulders pattern.
Bulls eyeing 1965
Bears eyeing 1762
I like to fly though, but anything is possible !!!
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  • #3,853
  • Dec 10, 2020 10:03pm Dec 10, 2020 10:03pm
Quoting BiteFX
CHART UPDATE Bulls got a Giant inverse Head and Shoulders pattern and the Bears got a Small Head and Shoulders pattern. Bulls eyeing 1965 Bears eyeing 1762 I like to fly though, but anything is possible !!! {image}
Gold trend in neutral position at the moment, but might move into bear trend by breaking below 1821
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  • #3,854
  • Dec 10, 2020 10:14pm Dec 10, 2020 10:14pm
And Bulls will have to break above 1873 to resume uptrend.
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  • #3,855
  • Dec 11, 2020 3:54am Dec 11, 2020 3:54am
INTRADAY LEVELS
1832/33 looks good for a buy set up upto 1850.
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  • #3,856
  • Dec 11, 2020 4:03am Dec 11, 2020 4:03am
Quoting BiteFX
INTRADAY LEVELS 1832/33 looks good for a buy set up upto 1850.
Market is now having a runaway, buying these Levels may be dangerous.
So, watching price action at those levels is key.
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  • #3,857
  • Dec 11, 2020 5:11am Dec 11, 2020 5:11am
Quoting BiteFX
{quote} Market is now having a runaway, buying these Levels may be dangerous. So, watching price action at those levels is key.
So, we buy now @ 1830/31... anything is possible though!!!
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  • #3,858
  • Dec 11, 2020 6:13am Dec 11, 2020 6:13am
Quoting BiteFX
{quote} So, we buy now @ 1830/31... anything is possible though!!!
Alright, nice move... Bears were trapped, now we go higher.
Expecting a pull back to about 1830-26 levels to go long again.
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  • #3,859
  • Dec 11, 2020 8:53am Dec 11, 2020 8:53am
Alright done for the week. Great job well done!!! Sote. Do have a great week folks.
We still expecting Gold to retest the 1830/28 levels once again aren't totally done for.
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  • #3,860
  • Dec 12, 2020 12:46am Dec 12, 2020 12:46am
Hello

The Monthly chart
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