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Only Gold!

  • #641
  • Jul 17, 2013 11:28am Jul 17, 2013 11:28am
if stay below 1275 .... u got chance .... will go to 1250 ... i'm selling from 1295 .
  • #642
  • Jul 17, 2013 11:30am Jul 17, 2013 11:30am
think maybe gold will drop till this friday and in monday morning starting climbing
  • #643
  • Jul 17, 2013 11:37am Jul 17, 2013 11:37am
Quoting azmannan16
think maybe gold will drop till this friday and in monday morning starting climbing
Yea, maybe begins to bounce around Friday closing or earlier.

Quoting Super_Mario
{quote} Same here, but i must admit that news give impulses to the market. Especially in gold which last few weeks is like flat-flat-flat-WOW-flat-flat-flat-WOW-WOW-WOW
Yea, I watch the FX news calendar all the time.

Quoting chip_8088
{quote} i am from Viet Nam! and i'm newbe here,thank for this thread! very please to read and to learn frome everyone here!
You are welcome here mate :-) and so is everyone else.
Hello World!
  • #644
  • Jul 17, 2013 11:50am Jul 17, 2013 11:50am
Bought at 1273.29
Lets see
  • #645
  • Jul 17, 2013 11:54am Jul 17, 2013 11:54am
Quoting Darth Vader
Bought at 1273.29 Lets see
You might wanna close this at about 03:30 pm EST :-)
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  • #646
  • Jul 17, 2013 11:58am Jul 17, 2013 11:58am
Quoting ClockTrader
{quote} You might wanna close this at about 03:30 pm EST :-)
why you said that?
Gold is my pleasure.
  • #647
  • Jul 17, 2013 2:46pm Jul 17, 2013 2:46pm
Quoting jebataro
{quote} why you said that?
Apparently that was a scalp / intraday advise which didn't appear to work well. Learning 2 hr. cycles for intraday scalping.
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  • #648
  • Jul 17, 2013 2:51pm Jul 17, 2013 2:51pm
#imho... long run to go 840.... maybe some climb up to 1309 n than
more further down... 2cents..
  • #649
  • Jul 17, 2013 3:06pm Jul 17, 2013 3:06pm
Quoting jebonen
#imho... long run to go 840.... maybe some climb up to 1309 n than more further down... 2cents..
IMHO, I strongly doubt 840

My two Golden Coins!
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  • #650
  • Jul 17, 2013 3:36pm Jul 17, 2013 3:36pm
During & after today's stormy US morning, I've been thinking what a fall! I've been anticipating this fall for one whole week, at last I got to see it, here it is, wow!

But then after observing carefully, heck.. where is the fall? I can't even see it. haaaaa, yea, its visible only on my 5 min chart, not on 4h or larger charts. The way I see on broad level, its still going sideways only. Check the att. chart

I don't mean to say its going up or down, just mean that it has hardly fallen, only started to fall & I don't see several weeks of downside ahead.

I hope there is some decent fall by Fri. closing before it bounces back.
Attached Image
Hello World!
  • #651
  • Jul 17, 2013 4:08pm Jul 17, 2013 4:08pm
apparently can consider still in side way, but if looking at candlestick patern h4 and d1 , can be bearish signal .

correct me if im wrong.
  • #652
  • Jul 17, 2013 4:09pm Jul 17, 2013 4:09pm
Quoting ClockTrader
{quote} Apparently that was a scalp / intraday advise which didn't appear to work well. Learning 2 hr. cycles for intraday scalping.
Hi Clock,

It was not a scalp (not my style), but a low risk entry which the market will decide if it closes at BE or not. So far it is not looking good.
I see 1269 as the bottom of the current range. If broken, I will load the shorts.

Saludos

Raśl
  • #653
  • Edited 6:12pm Jul 17, 2013 5:23pm | Edited 6:12pm
If the green line is broken, Gold will go down as has been the norm of past 6 months. But such a move will be of short term in view of Commercials' moves confirmed for reversal. Next weekly COT report will be for as of Tue and will be up on the coming weekend. I'll bet Small Speculators (incl retail traders) net position will be more for longs. Any short positions should therefore be carefully managed imo.
Attached Image (click to enlarge)
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  • #654
  • Jul 17, 2013 10:05pm Jul 17, 2013 10:05pm
Quoting RisingSun
If the green line is broken, Gold will go down as has been the norm of past 6 months. But such a move will be of short term in view of Commercials' moves confirmed for reversal. Next weekly COT report will be for as of Tue and will be up on the coming weekend. I'll bet Small Speculators (incl retail traders) net position will be more for longs. Any short positions should therefore be carefully managed imo. {image}
Thanks for sharing, keep us posted.

Quoting Darth Vader
{quote} Hi Clock, It was not a scalp (not my style), but a low risk entry which the market will decide if it closes at BE or not. So far it is not looking good. I see 1269 as the bottom of the current range. If broken, I will load the shorts. Saludos Raśl
I hope you make money mate. Your position should be green right now.

Quoting cikos
apparently can consider still in side way, but if looking at candlestick pattern h4 and d1 , can be bearish signal . correct me if im wrong.
Technically, it depends on the person viewing the chart how he interprets it. The way I see, its definitely bearish atm, however I don't expect this to carry on for more than a day or two.
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  • #655
  • Jul 18, 2013 12:38am Jul 18, 2013 12:38am
they say uncle ben was dovish why gold pullback then?
  • #656
  • Jul 18, 2013 12:43am Jul 18, 2013 12:43am
Quoting goldfinger
they say uncle ben was dovish why gold pullback then?
Since when did prices began to move precisely as per the news?
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  • #657
  • Jul 18, 2013 12:49am Jul 18, 2013 12:49am
clock trader- kem cho?
  • #658
  • Jul 18, 2013 1:06am Jul 18, 2013 1:06am
Quoting goldfinger
clock trader- kem cho?
Maja macho, that's how Gujratis say, rt? btw, I'm from Punjab :-) I know English, Hindi & Punjabi
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  • #659
  • Jul 18, 2013 6:36am Jul 18, 2013 6:36am
If any of you remember, I had 9 long positions which I had locked last Friday by firing 9 shorts, near closing time. All these 9 longs & 9 shorts had no SL set. I just set SL on all of these.

SL for all 9 longs @ 1180
SL for all 9 shorts @ 1295

Now I wish this goes down, so that I can close my shorts & so that I can buy more.

1. In case it flies high like a rocket, I'll live with the little weight I got.
2. In case it comes down, I'll be just happier, have begun to doubt though.
3. In case it hits my shot SLs & then comes down, apparently, I'll still buy more.

In the last couple of weeks, each time I've tried to hedge my longs, it has proved to be a bad idea. Someone suggested I should just invest & forget, well, as you can see that was a good idea.
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  • #660
  • Jul 18, 2013 7:53am Jul 18, 2013 7:53am
I am long gold i hope uncle ben does not start about bond buying coming to end.
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