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Only Gold!

  • #9,161
  • May 27, 2014 4:08am May 27, 2014 4:08am
buy with both hands!
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  • #9,162
  • May 27, 2014 4:35am May 27, 2014 4:35am
Quoting bigtimburon
buy with both hands! {image}
watch out your long, dude.

If you wanna long, this place is not a good choice.
  • #9,163
  • May 27, 2014 4:36am May 27, 2014 4:36am
I am short on gold from 1286. I think it will break 1280 in US session. What do you guys think ??
Arun
  • #9,164
  • May 27, 2014 4:36am May 27, 2014 4:36am
Quoting bigtimburon
buy with both hands! {image}
why are you so sure?
If you do not know who you are, the Forex is the worst place to find you
  • #9,165
  • May 27, 2014 5:07am May 27, 2014 5:07am
See EU chart and U.S 10 yield bond before u take a position on Gold. I believe that gold will break a Flag pattern on daily chart
  • #9,166
  • May 27, 2014 5:10am May 27, 2014 5:10am
It is very difficult to say anything but as per last one month chart study there are chances to bounce back up to 1300 to we will see 1310 also in usd session
  • #9,167
  • May 27, 2014 5:29am May 27, 2014 5:29am
Quoting EveningStar
What do you think guys? {image} At this time I'm really confused whether to short it or go long. I think it will keep going down till US data has been revealed
Hi everyone. I caught this yesterday. By this morning it made 100pips.
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Be the dragon master...
  • #9,168
  • May 27, 2014 5:33am May 27, 2014 5:33am
Quoting mastersm
{quote} Hi everyone. I caught this yesterday. By this morning it made 100pips. {image}
Good for you mate, I wasn't near my screen when this started going down so I missed it, waiting for a strong long signal now
  • #9,169
  • May 27, 2014 5:36am May 27, 2014 5:36am
[Quote = skassacomput; 7493892] {quote} ¿Por qué estás tan seguro [/ quote]

The gold market at this time is prey of speculators. The fluctuation bands are 1280-1306. Nowadays, it offers an excellent opportunity to buy, with a risk of 300pip. If support holds up to 1280, the goal is by August 1400.
  • #9,170
  • May 27, 2014 5:36am May 27, 2014 5:36am
I agree. I would not advise going short at this moment. This is a very dangerous zone. Price may bounce back going long soon. Pay attention
Be the dragon master...
  • #9,171
  • May 27, 2014 5:43am May 27, 2014 5:43am
false break!
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  • #9,172
  • May 27, 2014 5:49am May 27, 2014 5:49am
Quoting Viet-Trader
See EU chart and U.S 10 yield bond before u take a position on Gold. I believe that gold will break a Flag pattern on daily chart
eu sort of fine ; us 10 yield bond ranging
what is the correlation with gold drop?
fighting rages in Ukraine;Vietnam chine tensions rise - that's the headlines and still falling
  • #9,173
  • May 27, 2014 6:04am May 27, 2014 6:04am
Quoting bigtimburon
false break! {image}
So why is it a false break? I did not retrace fully. I think that we will go lower, price consolidating without a real bounce means that bears still have controll.
  • #9,174
  • May 27, 2014 6:37am May 27, 2014 6:37am
Quoting ClockTrader
My mood remains bearish in line with seasons, the PA today so far has been in line with mood. I'll await for long entry for long term, will remain on sidelines until I see clean entry of Bulls.
REPEAT ASIAN Morning VIEW: My mood remains bearish in line with seasons, the PA today so far has been in line with my mood.

Quoting ClockTrader
{quote} If you are looking at Volume and spread analysis, then you are half right IMHO. When PA goes extremely bearish, such volumes / bars can be misleading.
REPEAT: When PA goes extremely bearish, such volumes / bars can be misleading.
Hello World!
  • #9,175
  • May 27, 2014 6:44am May 27, 2014 6:44am
Testing times with the lower trend line broken...

New york open is going to be interesting...
  • #9,176
  • May 27, 2014 6:49am May 27, 2014 6:49am
Quoting bigtimburon
false break! {image}
what makes it false for you?
Don't be a hero. Don't have an ego. Always question yourself
  • #9,177
  • May 27, 2014 7:15am May 27, 2014 7:15am
A possible reason gold fell or rather is falling is due to futures and contract expiries....
  • #9,178
  • May 27, 2014 7:24am May 27, 2014 7:24am
http://fortwealth.com/blog/

Opened another long at 1277
  • #9,179
  • May 27, 2014 7:27am May 27, 2014 7:27am
I'm looking for a quick buck off the bounce at 1275-1277 region. It has offered decent support of late however if it breaks I will be out, and looking at how 1269 reacts.

Expect a fast turn around as we are extremely oversold, and a rally may catch people off guard if they arn't careful with adding shorts.

My 2c, good luck guys!

Mitch
  • #9,180
  • May 27, 2014 7:28am May 27, 2014 7:28am
Quoting Mitchoss
I'm looking for a quick buck off the bounce at 1275-1277 region. It has offered decent support of late however if it breaks I will be out, and looking at how 1269 reacts. Expect a fast turn around as we are extremely oversold, and a rally may catch people off guard if they arn't careful with adding shorts. My 2c, good luck guys! Mitch
A genius is born every minute, me I am lucky if my socks match.
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