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Gold and Silver Daily

  • #41
  • Aug 16, 2011 4:46am Aug 16, 2011 4:46am
Quoting dremstar
gold 1767 broken , wonder where it goes next .. its uncertain
1767 ? friend that was broken like 8 hours back . yup it is confusing . Its going parabolic again its hard to get it in a channel i still am not bullish lets see
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MMMYYYKKK
  • #42
  • Aug 16, 2011 4:51am Aug 16, 2011 4:51am
Quoting myk
Holding my shorts stop loss 1780
WILL WAIT FURTHER
MMMYYYKKK
  • #43
  • Aug 16, 2011 5:06am Aug 16, 2011 5:06am
Dear myk as am totally new to trading i request u to kindly paste a link for live gold trading data as to volumes etc.i too have open short positions regarding gold now @ 13 lots @ 1770 lets c whatsup next.

Best of luck.
  • #44
  • Aug 16, 2011 5:24am Aug 16, 2011 5:24am
Quoting myk
WILL WAIT FURTHER

myk you are going on wrong track the next support is 1767 and then you will see to 1780 break and further
Trading by EA
  • #45
  • Aug 16, 2011 5:55am Aug 16, 2011 5:55am
Quoting myk
1767 ? friend that was broken like 8 hours back . yup it is confusing . Its going parabolic again its hard to get it in a channel i still am not bullish lets see

correct you Resistance level ?i think you are short at the moment and getting very confuse about your trades..see my charts and correct you levels
Attached Image (click to enlarge)
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Trading by EA
  • #46
  • Aug 16, 2011 9:52am Aug 16, 2011 9:52am
Quoting zrahid
Dear myk as am totally new to trading i request u to kindly paste a link for live gold trading data as to volumes etc.i too have open short positions regarding gold now @ 13 lots @ 1770 lets c whatsup next.

Best of luck.
Sorry slept a few hours
Oh friend you shouldn't have opened a short at such risky time dont know what your current status is but hopefully you are making money i didnt got you . you want live data chart ? if yes here is the link http://goldprice.org/live-gold-price.html
MMMYYYKKK
  • #47
  • Aug 16, 2011 9:59am Aug 16, 2011 9:59am
Quoting myk
Another Software another prospective The RSI is currently near over sold it doesn't stay here for much I will wait to go short again .

Plus the current chart position
i see gold will be stay on 1770 and will be try to 1790
langsung WA aja bro update
  • #48
  • Aug 16, 2011 11:34am Aug 16, 2011 11:34am
nothing much came out of german french meeting looking for longs now
MMMYYYKKK
  • #49
  • Aug 16, 2011 11:57am Aug 16, 2011 11:57am
I don't think going long now is a good idea. stoch still showing chances of shorting .
  • #50
  • Aug 16, 2011 12:53pm Aug 16, 2011 12:53pm
Thnx myk . I wanted to the website address from where u get to know trading volumes in gold and silver.
  • #51
  • Aug 16, 2011 2:36pm Aug 16, 2011 2:36pm
Star and rahid going long is never a great idea with all indicator fully overbought but as it cleared the resistances i will keep long to cover up the loss of my shorts today but as soon as i find a place to short i will short again. Maybe its 1815 maybe 1800 where it will turn back or could be any level but i have eyes on these levels

loss booked 1783 PIP TILL DATE 0

BUY OPENED 1783
MMMYYYKKK
  • #52
  • Aug 16, 2011 2:46pm Aug 16, 2011 2:46pm
Sorry to hear about ur losses just have recovered my losses with some good intra day trades now me too fallowing same pattern as u mentioned.
  • #53
  • Aug 16, 2011 2:51pm Aug 16, 2011 2:51pm
All indicators thugh overbought but have to bear in mind the trend as TRND IS FRIEND.
  • #54
  • Aug 16, 2011 3:39pm Aug 16, 2011 3:39pm
Gold current channel
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MMMYYYKKK
  • #55
  • Aug 16, 2011 7:19pm Aug 16, 2011 7:19pm
The economic data released are poor investor are seeking safe heaven so they will go for gold. It's the safest now because stock is not doing good, US treasuries are facing downgrade by S&P and the risk of default are rising and commodities is not looking good as fear of recession looming so what else to invest. GOLD!
  • #56
  • Aug 17, 2011 12:12am Aug 17, 2011 12:12am
Current status
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MMMYYYKKK
  • #57
  • Aug 17, 2011 12:37am Aug 17, 2011 12:37am
Is there an indicator the fork ?
  • #58
  • Aug 17, 2011 1:05am Aug 17, 2011 1:05am
Quoting dremstar
Is there an indicator the fork ?
The fork is an indicator itself telling its direction support and resistance
MMMYYYKKK
  • #59
  • Aug 17, 2011 1:39am Aug 17, 2011 1:39am
Current position
Moving nicely along the channel
Attached Image (click to enlarge)
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MMMYYYKKK
  • #60
  • Aug 17, 2011 1:55am Aug 17, 2011 1:55am
gold can touch 1800 or even more
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