Gold Want Go Up Again
First 1362 Then 1375 and maybe 1380
all there we will see Tomorrow(2013/10/29)
First 1362 Then 1375 and maybe 1380
all there we will see Tomorrow(2013/10/29)
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
Disliked{quote} hi XTrade and friends, aw shucks... i really missed the ending diagonal blow-off by not heeding Ramses's advice to change my count. I was being over-exhuberant in my confidence that PA had turned down because I had 5 waves complete - and now look: Heavily short from the low 1350s and still 200 pips to go before i am in the green again. I almost pee'd in my sarong when that last wave 5 jumped the TL and just kept going! I guess in my favour is the fact that an ending diag is normally swiftly and completely retraced, so i should see profit...Ignored
Disliked{quote} Now here is something for DeMarkers' to ponder. Talk about going to the extreme target. 1st targets are usually a gimme. 2nd targets a maybe & 2rd targets very seldom. Gold has really extended this rally. Retracement time at last....... {image}Ignored
DislikedHi everybody, again, thanks for all your graphs and insite. Do you guys think the Retail Sales will have a big impact on gold tomorrow in NY, or has it been factored into the price already? Thanks againIgnored
DislikedHi everybody, again, thanks for all your graphs and insite. Do you guys think the Retail Sales will have a big impact on gold tomorrow in NY, or has it been factored into the price already? Thanks againIgnored
DislikedThanks a lot for the info Xtrade, What does DTL mean? Then, would our next resistance be the around 1364 with 1368/ 1375 in sight? When does the FOMC results come out, on Wednesday? With my image, does that spinning top on the Daily for yesterday indicate that buyers have perhaps run out of steam? Cheers everybody {image}Ignored
DislikedThanks a lot for the info Xtrade, What does DTL mean? Then, would our next resistance be the around 1364 with 1368/ 1375 in sight? When does the FOMC results come out, on Wednesday? With my image, does that spinning top on the Daily for yesterday indicate that buyers have perhaps run out of steam? Cheers everybody {image}Ignored
Disliked{quote} Spinning tops can be two things, either \"indecision\" in the market or a decent enough battle at price between the bulls and the bears to print a low a high and settle in the middle. Usually, it means the price may drop/rise a bit, yet - if it does not and the trend is up or down, the leading force usually will use it as a clue that the opposing force is running out of steam and will wait for higher prices to come back. They can be very powerful on the weekly. But, at current I don't see much major movement until the Wednesday releases....Ignored
DislikedGold Want Go Up Again First 1362 Then 1375 and maybe 1380 all there we will see Tomorrow(2013/10/29)Ignored
Disliked{quote} Very nice and sedate. Unlike my taste, unfortunately. I very much enjoyed the Nissan GTR doing the 0-60 in 3.2 seconds out my gate. That was easily the best feeling of a supercharged twin-turbo jet sound I have heard. As much as I'd like a Ferrari I am unable to qualify paying THAT amount of money for insurance! I considered a Lambo, but Brit roads are decidedly not suitable for such a low-slung deck-skimmer. Ahh, we can all dream, but seriously think that this market in XAU is going to keep testing higher. As an example, I include a chart...Ignored