Disliked{quote} I have a soft target at 1345. Target is at 1327. A 50% retrace of the FOMC move up is at 1330. {image}Ignored
It sounds legit now....
Gold is my pleasure.
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Disliked{quote} I have a soft target at 1345. Target is at 1327. A 50% retrace of the FOMC move up is at 1330. {image}Ignored
Disliked{quote} I have a soft target at 1345. Target is at 1327. A 50% retrace of the FOMC move up is at 1330. {image}Ignored
DislikedGold is trying to break out of a holding pattern If it can break below 1300, 1280 should be the next target. Cheers. Took me a while to find this Gold thread.Ignored
Disliked{quote} Yes. If it breaks South I have targets at 1295 on the 30m chart & 1243 on the 4h chart so if it plays out expect a correction at around 1295 before the next leg down to 1243. {image} {image}Ignored
Disliked{quote} Hi All, perhaps somebody could assist with my confusion. All the members in this PF including myself believe that the price of gold is going south, but it seems that price is very flat in the area of 1323-1324. Could this be the game of the big boys waiting for the news tomorrow on Unemployment Claims? It would be greatly appreciated if anybody assist in shedding some light on this. Thanks a lot MarioIgnored
Dislikedplease the whole house, can someone tell me the exact time of unempolyment claim today In gmt.Ignored
Disliked{quote} at the time you wrote this the market was ranging gold from 1316-1330 1330 being a resistance that was tested at least 5 times this week...everytime resisted it would take it lower to 1305 1313 1316 then back up to 1330 at that point 1330 was an area that was going to be eventually be broken...and a few hours after your posts it was broken and hit 1338 twice and now sitting in 1332 key now is 1330...will it hold as support or will it break it and down we go again to 1323.... only time will tell if it will hold GIgnored
Dislikedalso there is possibility of descending triangle, and almost all conditions comes true expect volume. Let's see what amount of volume occur, at the time of breakout of the support line. {image} target of 110xIgnored
Disliked{quote} at the time you wrote this the market was ranging gold from 1316-1330 1330 being a resistance that was tested at least 5 times this week...everytime resisted it would take it lower to 1305 1313 1316 then back up to 1330 at that point 1330 was an area that was going to be eventually be broken...and a few hours after your posts it was broken and hit 1338 twice and now sitting in 1332 key now is 1330...will it hold as support or will it break it and down we go again to 1323.... only time will tell if it will hold GIgnored