XAU/USD Spot Gold

Nice PitchFork in the way, this open lot of pips for us.

Short from 1544

waiting for better entry for exit with Green pips.

Meanwhile be remember as per my calculations and post bellow 5th wave still not end.

Have a Green day

short @ 1561

It is funny in other gold forum, where SOME people were cautioning the possibility of a major correction when gold started going up from $1500 upwards to fast, people are now talking about breaking the longterm uptrend, reversal, conspiracy and etc... LOL

It really shows most people forget after all this is FOREX! The majority MUST lose so a minority could make a profit...

It's posts like these that earned you your vacation from posting. BTW the last post in this thread was a Month ago.

A. AN "I know it all and said it all first attitude" - meanwhile you post nothing of value technically or fundamentally.

B. Misconstruing people words to fit some weird sort of agenda that you have.
Perfect example below.

C. If you knew anything about trading gold you would know that a $100 USD correction is not a "reversal" in a 10 year old uptrend. Nor is it that big of a deal in the scheme of things.

D. No one said anything about the long term uptrend being broken, NOR is a 100 USD correction anything close to a reversal. Stop looking at a tick chart and maybe you will learn the difference.

E. Arguing, calling people insulting names, and causing disruption.

F. Grow up.

G. Why don't you try making a call with some sort of a reason with a target and a stop instead of running your mouth?

------------------------------

And yes there are already several gold trading threads.

XTRADE:

Stick to your own self-censored thread and BULLISH-ONLY sentiment.

I know you are angry because the market has proven you (and people who rely only on technical and fundamental) WRONG more often than not. You were buying gold at $1576 to get to $2000.

But it did NOT work out. simple.

You were begging the asian market to make gold market bullish yesterday and got excited too soon, sorry... professional ones do not BEG market for any direction, they just make money.

And FYI, this thread will show up on FF first page whenever updated and I intend to do it regularly to warn people and newbies of danger following you guys...

P.S. keep censoring what you do not like... and we will keep making money...

First of all - I have lifted your ban as it was temporary to teach you a lesson which obviously you have not learned. Any person who starts a thread is able to prevent people from causing disruption as you have in it. Not to mention the various complaints I received from others about you. Are you such a child that you think you were banned due trading? WOW. You were banned for your name calling of others, lack of any valid posting besides wild punts with no backup and $h!thole attitude.

If you are so smart and experienced in Gold trading I invite you to start your own thread. Just so you know you won't be able to go back and edit your posts.

Secondly, I don't beg, use luck, or ask anyone to do anything when it comes to my trading. If you are referring to my comment about "thanking the Asian bank traders for pushing through" you should learn to take things with a grain of salt. Maybe you will get a bit further in life. I am in a trade from the bottom of the chart pattern and further below. Do you really think I give a %$#K what you say?

If you actually read my thread you would see successful trade after successful trade, some of which are conveniently lined up in the beginning of the thread for newbies such as yourself. By the way I have seen you checking it every day.... I wonder why?

I was never buying gold at 1560 waiting for 2000. Show me a post??? Good luck. IF AGAIN YOU KNEW HOW TO READ you would see that 2000 is a long term call and I will be laughing my way all the way to the bank when we hit it.

Now when it comes to trading I back up my trades with fundamental and technical reasons. Hence the reason I am long from the bottom of the symmetrical triangle. Which did produce the beginning breakout last night and today of $20 USD. Now what is this nonsense that "we" were proven wrong by the techs and fundies, seems to me the price closed $40 bucks from the record. I suppose you cant see that.
OPEN YOUR EYES AND SHUT your Pie hole for a change.

I signaled the triangle and for those that even bought on the topside caught the 20 USD break. If you don't know what these patterns are which I highly doubt you do, read the thread and maybe you'll learn something. Or look them up online.

ALL you seem to do is like to hear yourself talk, take people words out of context and toot your own horn for what I don't know. You have a lot of learning to do pal. This is a marathon not a sprint, you'll likely not be posting by next year on that accord. If you don't know what
some of these words mean you can look them up in the dictionary.

We are in a TEN YEAR BULL MARKET EVEN A DAMN MONKEY COULD SEE THAT ON A CHART. By the way that is a ten year chart below.
http://www.kitco.com/LFgif/au00-pres.gif

- Therefor I look for long term setups because the market moves up and KEEPS MOVING UP. Once again a 100 usd correction is NOTHING in the scheme of things. Since you know everything you should know that.
When it moves down and starts moving down then the sentiment changes.
I really don't need or want your input on trading though. Thanks anyway.

You should also know that it is more profitable to trade with the market than think you can outsmart it with measly 10 USD shorts.
I will continue to post winning setups, help people learn, and report news.

By the way the one live call you ever did make went horribly wrong but you just cover these facts up with bs words and changing your levels.

I have no use explaining anything to you ever again. Your posts only show your ignorance in life and in this market. Good luck in your short career.


Now I will leave you with a chart of the trade I signaled and todays gains. Keep on calling measly corrections "the big reversal". You'll get far.
Why don't you try making some live calls with charts and backup. Cause all you do is waste space and time and run your little mouth. If you actually made any money at this game you might be able to do that.

Good luck.
XTrade

Symmetrical triangle trade With BULLISH break and test. Including mini inverse HS. All signaled.
I will stick to my thread. Seems like you have just what you want here, a place to hear yourself whine.



XTrade Chart:
SYMMETRICAL TRIANGLE ANNOUNCED - With Mini INVERSE HS inside. + Todays Gains.

Chill out guys. Don't make me put both of you on the naughty chair.

Do you know what fellas? There will come a time when whether or not you post, what you post, whether you are proven right or wrong, and spending energy debating the toss, will cease to matter.

Good trading to both of you.

Thnks Jade, good call.

You see: some people on gold / silver threads ONLY show up when the price is going up. And during that time, they very soon begin to forget a correction, reversal, etc might be underway.

I bet it will happen again if next week price falls under $ 1500... These so-called professional traders disappear EXACTLY when they could be buying at a cheaper price but the very same dudes tell you to "Buy! Buy! Buy!" Even if the price is on the verge of a big crash.

Too much technical, fundamental expertise I guess... Glad I have ignored most of these pretty charts during my last +20 years of trading (with all due respect for people who use them) and I have been and am making a life out of FX...

Cheers

Ditto

Gold broke above 1500 on friday after many tries for 3 consecutive days, and targetted high at 1515 & basing above low price 1486, but the better news for bullish traders is that it closed above 1510, confirming a daily uptrend movement, next target is 1521/22 then break would lead to 1532 while 1539/40 must hold.
On the downside, another move below 1500 is to again retest 1486, break is to 1481

Trying a short @ 1510.50
Below 1508.50 would confirm

M15:

Moved stop to BE
Next level to watch 1500.00

D1:

moved stop back to 1515, some stop hunting I guess....

1512.50 rejected 3 times, that should be enough I think.....

M15:

stopped

Tried to upload file,.but doesn't seems to appear here.
Trying to show gold has hit resistent at 4H chart @1517.. I am only shorting gold from now on..

A dip to 1513-1517 area is underway. Further we might see 1500 ish again.

Waiting to add to my longs...

Seems a pretty brave statement

Despite the retracement, imo gold is still in a secular bull market - you may see spikes lower into OpEx and London Bank Holiday but it looks to me as though much, if not all, of the overexuberance has been worked off....

beeb

You are right,.. must as I thought price is gold is going to fall,.. it seems to be hugging very tightly on the 4H resistent level.
I am withdrawing my short statement above. If it ever move above the Resistent level,.. I will join the bull.. other wise, will wait for it to fall below the main bar (inside bar noted),..move the other way.

Right now,..I am a fence sitter..