This is the bearish divergence i'm talking about.
MACD, SDD and RSI
M30, H1, H4.
MACD, SDD and RSI
M30, H1, H4.
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
DislikedThat is a monthly chart.
I use FXCM's TSII (Trading Station II) and they name 1 minute chart as "m1" and monthly chart as "M1".
Also i cutted prices. Sorry. Crapppy work!
It seems that a weaker USD is helping gold.
AUX/USD should go down a llittle before printing news highs. 1655?
Again, we have H4 bearing divergence, but i see a strong bullish pressure.
Still, i think price should pierce 20SMA and test 1670 again.
What will happen if it can't break that level in a second attempt and USD strengthens? Small correction or...Ignored
Dislikedre-entered the longs @1650, 1645 during yesterday's dip having taken half off on 12JAN.
Missed the run to 1660 on 13th and failed to buy back on its way down to 1625 on 14th believing it would dig a bit deeper to close to 1605.
Looking for this to push to close to 1700 and will consider taking some off there again (top BB).Ignored
DislikedGood to see you posting again, we need to hear some more out of you buddy!Ignored
DislikedYes we are busy preparing for Chinese New Year over here.
Have you tried watching Au Futures chart with Spot Au chart? Some say the futures move slightly ahead of XAU and can be a precursor of sudden moves.
I cant find realtime front month futures prices for Au on the internet.
Any thoughts?Ignored
DislikedNO.
why would you?
Give me a valid reason why you want to short it after it breaks the daily downward TL and is above the first fibo.
x let tell me abt myself i had trading since 2.5 year n till now i have lose one lac$ + plz guide me how 2 cover it i had never seen any or prediction before now i am trading very carefully n need ur guidelineIgnored
Dislikedwe should be in for 42 and then the next fanline - hourly speaking.Ignored
Disliked1545 by end of month - no doubt on my end. at least thats support that is evident.
I am not sounding stupid -but we are going there based on natural relationship analysis. Lunar perigees and apogees. its when the moon is furthest from earth and nearest. heres my chart again for the actual phenomena that happened recently and here is pesavento's chart i scanned (No piracy intended - all the work cited) back in the 1900s.
silver and gold for ya
again im not mumbo jumboing with crystal ball. im using natural phenomena with price action...Ignored