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  • #7,681
  • Apr 28, 2014 6:19am Apr 28, 2014 6:19am
Quoting elbert3
{quote} if we get a sudden spike to 1307 today sell it ,to 1295 a have put a sell order there for today only
it did not reach the above but not far away , should of entered manually but was not looking????
  • #7,682
  • Apr 28, 2014 6:46am Apr 28, 2014 6:46am
Quoting elbert3
{quote} it did not reach the above but not far away , should of entered manually but was not looking????
Oh you missed out on that! that's tough! but it would have been risky though...

I still feel if 1298 supports we are in for some fireworks!
  • #7,683
  • Apr 28, 2014 6:47am Apr 28, 2014 6:47am
Quoting Super_Mario
{quote} People keep buying highs and believing in better future
Lol!
  • #7,684
  • Apr 28, 2014 7:06am Apr 28, 2014 7:06am
Quoting waleed.khan
{quote} Oh you missed out on that! that's tough! but it would have been risky though... I still feel if 1298 supports we are in for some fireworks!
yes i missed out would have been 3 in profit now,, but hay ho,?? yes 1298 could be long back to 1307,, 1315,, but wait to see what happens ,, gl, regards
  • #7,685
  • Apr 28, 2014 7:08am Apr 28, 2014 7:08am
GOLD: Gartley plus SMA400 (H1) plus Daily pivot.

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If you do not know who you are, the Forex is the worst place to find you
  • #7,686
  • Apr 28, 2014 7:11am Apr 28, 2014 7:11am
Quoting elbert3
{quote} yes i missed out would have been 3 in profit now,, but hay ho,?? yes 1298 could be long back to 1307,, 1315,, but wait to see what happens ,, gl, regards
the daliy has stopped on the 61fib line and is working down,if it breaks lower then 1267, and 30 points lower every time 1237 and so on,down to 1122 ??
  • #7,687
  • Apr 28, 2014 7:36am Apr 28, 2014 7:36am
SMA 50 starting to cut the SMA 200 from bottom to top in H1 TF... Hope got a clear picture to start moving north May need to break SMA300 @1302.50~
If not, it may fall to SMA 200 @ 1295 Just my opinion...
  • #7,688
  • Apr 28, 2014 7:39am Apr 28, 2014 7:39am
Quoting blacksnake
SMA 50 starting to cut the SMA 200 from bottom to top in H1 TF... Hope got a clear picture to start moving north~ If not, it may fall to SMA 200 @ 1295 Just my opinion...
yes looks like the 4 hour is bullish 1294 is the last support, i think, this could be a chance to go long back to 1315 area ,, this is the scenarios i am going to look for
  • #7,689
  • Apr 28, 2014 7:43am Apr 28, 2014 7:43am
Quoting elbert3
{quote} yes looks like the 4 hour is bullish 1294 is the last support, i think, this could be a chance to go long back to 1315 area ,, this is the scenarios i am going to look for
Glad to see you change sides! (yee haw!)
  • #7,690
  • Apr 28, 2014 7:49am Apr 28, 2014 7:49am
Quoting waleed.khan
{quote} Glad to see you change sides! (yee haw!)
day is bear 4 hour is bull i think so i was thinking of playing that way, still not committed any large money yet , as i said friday mm i might be playing it bullish because the plan is now bullish, even thou i am playing a bear movement,,??? if you can make sense of that ,,lol
  • #7,691
  • Apr 28, 2014 7:55am Apr 28, 2014 7:55am
no clear direction yet. Btw index dollar drop but gold does not up.
  • #7,692
  • Apr 28, 2014 7:59am Apr 28, 2014 7:59am
No i get you...
I guess you can wait for 1307 to break for further confirmation...Untill then perhaps trade the range!

But I think we have hit the low for the day now...by end of us session gold will be up!

Usd Index is going to fall too.. Look at usdjpy its poised to fall lower plus euro and gbp want to go higher or stay where they are!
  • #7,693
  • Apr 28, 2014 8:08am Apr 28, 2014 8:08am
(Gold sell 1297)
no clear direction
1303 but now will be go down
not perfect just think and have hope t0 go down
One Day U Will Miss me!
  • #7,694
  • Apr 28, 2014 8:08am Apr 28, 2014 8:08am
Quoting waleed.khan
No i get you... I guess you can wait for 1307 to break for further confirmation...Untill then perhaps trade the range! But I think we have hit the low for the day now...by end of us session gold will be up! Usd Index is going to fall too.. Look at usdjpy its poised to fall lower plus euro and gbp want to go higher or stay where they are!
Also watch out for pending home sale numbers in an hour... it will keep the rhetoric running on the poor housing recovery story! which can be bullish for gold!
  • #7,695
  • Apr 28, 2014 8:21am Apr 28, 2014 8:21am
Quoting waleed.khan
{quote} Also watch out for pending home sale numbers in an hour... it will keep the rhetoric running on the poor housing recovery story! which can be bullish for gold!
I fully agree.
Want to learn more: HTO Trading
  • #7,696
  • Apr 28, 2014 9:45am Apr 28, 2014 9:45am
Sell to 1304,
Its a very good day
Yes!!!!
  • #7,697
  • Apr 28, 2014 9:54am Apr 28, 2014 9:54am
Hi

for 4 hour the 1294 was the support but it has broken and housing data has also come positive. What should we expect ?

Salim
  • #7,698
  • Apr 28, 2014 10:02am Apr 28, 2014 10:02am
Quoting shaikhsal
Hi for 4 hour the 1294 was the support but it has broken and housing data has also come positive. What should we expect ? Salim
This is a very healthy drop for gold... and it is retracing on 38% level; it could further drop to 1288.5 which is going to be its 50% retracement... Anything beyond that then the sentiment might turn bearish... until then this can be a good long buy area with sl at 1286-7 area!

Gl!
  • #7,699
  • Apr 28, 2014 10:07am Apr 28, 2014 10:07am
Quoting shaikhsal
Hi for 4 hour the 1294 was the support but it has broken and housing data has also come positive. What should we expect ? Salim
I think now for me fundamentals take place , initially i would look at major support areas and positon myself according to the set-up . i have a chart below , my are is the 1280s as i have highlighted . but we not going anywhere yet untill re-tests are done properly .


Happy Trading
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  • #7,700
  • Apr 28, 2014 11:02am Apr 28, 2014 11:02am
I remained on sidelines today, awaiting a bottom out, would like to go long then.

Have a good one you all!
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