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  • #1,641
  • Nov 25, 2013 10:12am Nov 25, 2013 10:12am
Quoting ClockTrader
{quote} Yes, Astro-Lunar cycles are the basis of my views. For instance, I could see a spike & a small bounce around today (predicted earlier). However, not every new moon will bring a bottom out. For eg. around previous New Moon, Gold was falling & I expect it to keep falling around next New Moon too. But yes, I do consider new moon around bottom outs.
so when it is going to be ? is it around 5dec ? until then there will be a new low on GOLD ??
  • #1,642
  • Nov 25, 2013 10:30am Nov 25, 2013 10:30am
Quoting crisis
{quote} so when it is going to be ? is it around 5dec ? until then there will be a new low on GOLD ??
Yea, as I've stated earlier, it should bottom out sometime between 5th & 10th of Dec.

From a macro point of view, I also foresee a huge climb around & after 15th of Dec for multiple reasons. Please adjust few days sooner or later.

As for long time permanent low for ages to come, it appears we need to wait until June-2014. The Bulls aren't in Super-Strong position until June-2014. This doesn't mean there would necessarily be a new lower low by June-2014

Please be advised that I'm still a learner, have not graduated this science yet. Consider me half good.

Time to crash, catcha tomorrow.

PS: You might wanna take a re-look at my Golden-Seasons theory, which states Buy in June, Sell in Jan. This chart is a RE-POST from Page-15. Unusual Golden opportunity ahead.
Attached Image (click to enlarge)
Click to Enlarge Name: Golden-Seasons.png Size: 41 KB
Hello World!
  • #1,643
  • Nov 25, 2013 1:30pm Nov 25, 2013 1:30pm
as I expected bounced from 1225 should touch 1260 if it breaks 1262 then 1272-75 possible the down again
  • #1,644
  • Nov 25, 2013 2:18pm Nov 25, 2013 2:18pm
sir, In my view gold headed $700 for long term ,However gold must touch $9xx figure its a mandatory but I cannot give exact timeframe might take few more months that is for sure .if does not touch level i quit trading permanently .I will be here ,I will stick to my words ,1500 never gonna come again until it touch $9xx
  • #1,645
  • Nov 25, 2013 8:07pm Nov 25, 2013 8:07pm
Quoting rambo12
sir, In my view gold headed $700 for long term ,However gold must touch $9xx figure its a mandatory but I cannot give exact timeframe might take few more months that is for sure .if does not touch level i quit trading permanently .I will be here ,I will stick to my words ,1500 never gonna come again until it touch $9xx
Read this whole thread, people who give hypothetical views disappear in no time. I'm not trying to offend you or claiming that you'll quit Gold trading.

Its an open debate, only point my calculus doesn't fit with yours & its just fine.
Hello World!
  • #1,646
  • Nov 25, 2013 8:57pm Nov 25, 2013 8:57pm
Quoting ClockTrader
{quote} Yea, as I've stated earlier, it should bottom out sometime between 5th & 10th of Dec. From a macro point of view, I also foresee a huge climb around & after 15th of Dec for multiple reasons. Please adjust few days sooner or later. As for long time permanent low for ages to come, it appears we need to wait until June-2014. The Bulls aren't in Super-Strong position until June-2014. This doesn't mean there would necessarily be a new lower low by June-2014 Please be advised that I'm still a learner, have not graduated this science yet. Consider...
It's the bullish is coming ? Or it's just a bull before a stronger bearish ?
  • #1,647
  • Nov 25, 2013 9:03pm Nov 25, 2013 9:03pm
Quoting leedicky93
{quote} It's the bullish is coming ? Or it's just a bull before a stronger bearish ?
I would strongly suggest sellers to exercise caution until 27th US morning. Until then Gold may either carry on this bounce or go sideways or perhaps pretend its going up. The chances of fall in the next 36 hrs look bleak.

If the bounce carries on, it can be full of energy during the US session ahead (26th).

Thereafter, once everyone is convinced of Bulls back in action, I expect the downward journey to continue.
Hello World!
  • #1,648
  • Nov 25, 2013 9:19pm Nov 25, 2013 9:19pm
Quoting ClockTrader
{quote} I would strongly suggest sellers to exercise caution until 27th US morning. Until then Gold may either carry on this bounce or go sideways or perhaps pretend its going up. The chances of fall in the next 36 hrs look bleak. If the bounce carries on, it can be full of energy during the US session ahead (26th). Thereafter, once everyone is convinced of Bulls back in action, I expect the downward journey to continue.
Kinda agree that US session today may see another rally before the selling force is fully loaded.

In addition, in your view, what could be the reason of today's rally (if there is one)? Weak US economic data? Or a re-test of support @ 1225-1230 and then rejected? Considering the rally on Monday is due to a large option expiring @ 1250 and bad US pending home sales. What would happen if the data is good?

Good luck with every trades!
  • #1,649
  • Nov 25, 2013 9:22pm Nov 25, 2013 9:22pm
Quoting ClockTrader
{quote} I would strongly suggest sellers to exercise caution until 27th US morning. Until then Gold may either carry on this bounce or go sideways or perhaps pretend its going up. The chances of fall in the next 36 hrs look bleak. If the bounce carries on, it can be full of energy during the US session ahead (26th). Thereafter, once everyone is convinced of Bulls back in action, I expect the downward journey to continue.
Do you think 1230 will be re-tested today? Or 1240?
  • #1,650
  • Nov 25, 2013 9:23pm Nov 25, 2013 9:23pm
Quoting LarryLU
{quote} Kinda agree that US session today may see another rally before the selling force is fully loaded. In addition, in your view, what could be the reason of today's rally (if there is one)? Weak US economic data? Or a re-test of support @ 1225-1230 and then rejected? Considering the rally on Monday is due to a large option expiring @ 1250 and bad US pending home sales. What would happen if the data is good? Good luck with every trades!
http://www.forexfactory.com/showthread.php?t=426397

I love news & time triggers, but, I never follow economic data for my trades / views.
Hello World!
  • #1,651
  • Nov 25, 2013 9:35pm Nov 25, 2013 9:35pm
Quoting ClockTrader
{quote} I would strongly suggest sellers to exercise caution until 27th US morning. Until then Gold may either carry on this bounce or go sideways or perhaps pretend its going up. The chances of fall in the next 36 hrs look bleak. If the bounce carries on, it can be full of energy during the US session ahead (26th). Thereafter, once everyone is convinced of Bulls back in action, I expect the downward journey to continue.
CT , is it with 36 hrs there is still a chances that still downward journey will to continue ? and if today long carry the full energy it's consider upward journey ?
  • #1,652
  • Nov 25, 2013 9:36pm Nov 25, 2013 9:36pm
bro.. u nvr follow economic data to trade.... then u only focus on what to do the trading ?

technical solely ?
  • #1,653
  • Nov 25, 2013 10:06pm Nov 25, 2013 10:06pm
Hope asian traders will do something in next 2 hour...
  • #1,654
  • Nov 25, 2013 10:57pm Nov 25, 2013 10:57pm
Quoting leedicky93
{quote} CT , is it with 36 hrs there is still a chances that still downward journey will to continue ? and if today long carry the full energy it's consider upward journey ?
Chances of downward in the next 36 hrs very bleak

After that I would like to feel the weather & behavior of Gold before I can say anything discretely. Ideally it should come down.
Hello World!
  • #1,655
  • Nov 25, 2013 11:33pm Nov 25, 2013 11:33pm
Hi all, I'm new here. However, I've been trading Gold for quite awhile and I am very familiar with it's movement.

I'm going for Pending Buy Limit order at 1246 after last night D1 pin bar. I believe Gold will form a new Lower High at 1300-1320 before falling again.
CPAS-FX Chief Analyst
  • #1,656
  • Nov 26, 2013 12:21am Nov 26, 2013 12:21am
1250+ could be a nice spot to short for an intraday trade, maybe we go to 1240 or lower to retest lows.
  • #1,657
  • Nov 26, 2013 12:24am Nov 26, 2013 12:24am
Quoting ClockTrader
{quote} http://www.forexfactory.com/showthread.php?t=426397 I love news & time triggers, but, I never follow economic data for my trades / views.
bro.. u nvr follow economic data to trade.... then u only focus on what to do the trading ?

technical solely ?
  • #1,658
  • Nov 26, 2013 1:46am Nov 26, 2013 1:46am
yeah sir I understood .In fact that is not only my view , The worlds biggest investment bank Goldman Sachs also says same thing its The Truth ,Just Google it, the impending collapse of gold bubble..you will get plenty of answers .Anyhow only time will tell ..Good luck sir and good luck everyone
  • #1,659
  • Nov 27, 2013 9:31am Nov 27, 2013 9:31am
Quoting Ck87
1250+ could be a nice spot to short for an intraday trade, maybe we go to 1240 or lower to retest lows.
This would have worked well yesterday & today too.
Hello World!
  • #1,660
  • Nov 27, 2013 9:39am Nov 27, 2013 9:39am
Quoting ClockTrader
{quote} This would have worked well yesterday & today too.
I have been in shorts from 1243 and added to position at 1249 with target of 1188. Support looks fairly strong around 1240, though a break of this level...even on this lighter than normal trading day before U.S. holiday...could see price action to 1225.
"The market can remain irrational longer than you can remain solvent"
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