Ollio's Gold - Supply and Demand

Looks very interesting with the 4H 8H and Day turned Bearish at 7:58 AM and Very similar Long area's at 1252.00 +/-

Very similar to yesterday's example ( I think)

The main difference would be the differences in Supply levels and Demand levels.

That which would make the case at hand somewhat different than the case we saw yesterday.

Walked away from the computer for a minute....


Gold just took a nice drop!!

Agree.

Be careful of the 1243.58 level on the Week. Expect a mild pull back from that level.

Jack:

I'm seeing that there is retracement into the 1247.12 to 1249 +/- level on the 4H 8 H and Daily...

Would this be an area to consider going SHORT ? 1249

If it is... I'm concerned the Stop may be 1253.49 on the Daily which makes the R:R Not very good Take Profit at 1244.25 +/- 5 points of profit with 5 points of risk

At the moment, every timeframe all the way down to the 30 min is grey (indicates either Neutral, High or Low).

The 15 min. indicates Bullish above 1245.64 with Supply @1249.74.

And now the next one ...

Hi,

Why is there no activity on this thread today?

Jack what are your predictions for gold?

This week's outlook looks gold hitting 1270 levels? Do u think it's possible.

Thanks!

Because I was still sleeping ...

Monday June 9, 2014

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Ollio's Live Commentary - Gold, Euro Dollar, Pound Dollar, Dollar Swissy

Starts : 13:15 EST (UTC-5:00)
Ends : 14:30 EST (UTC-5:00)

Link : Please note, there will be no live commentary today. Live Commentary is now only twice a week, on Tuesdays and Thursdays.

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Chart #1

On the 4 Hour, the market is Bullish above 1254.79 with Demand @1256.53.
On the 8 Hour, (1) the market is Bullish above 1254.69, (2) Demand has overcome Supply such that we have a Low, (3) we have a Retracement Level @1254.69.
On the Day, the market is in the Passive Consolidation Zone between 1258.39 and 1250.48.
On the Week, the market is Bullish above 1254.75 with Supply @1303.12.

Chart #2

On the 4 Hour, (1) the market is Bullish above 1254.87, (2) Demand has overcome Supply such that we have a Low, (3) we have a Retracement Level @1254.87.
On the 8 Hour, we have a new Retracement Level @1255.37.
The Day and the Week remain unchanged.

Chart #3

On the 4 Hour, the market is Bearish below 1256.25 with Demand @1253.73.
On the 8 Hour, the market is in the Passive Consolidation Zone between 1256.25 and 1255.34.
On the Day, the market is in the Passive Consolidation Zone between 1258.39 and 1251.36.
On the Week, the market is Bullish above 1254.75 with Supply @1302.97.

Chart #4

On the 4 Hour, the market is Bearish below 1256.25 with Demand @1253.73.
On the 8 Hour, (1) the market is Bearish below 1255.01, (2) Supply has overcome Demand such that we have a High, (3) we have a Retracement Level @1255.01.
On the Day, the market holds a Bullish Bias above 1208.60. The market returns Bullish above 1254.75 and Bearish below 1208.60.
The Week remains unchanged.

Chart #5

On the 4 Hour, (1) the market is Bearish below 1256.12, (2) Supply has overcome Demand such that we have a High, (3) we have a Retracement Level @1256.12.
On the 8 Hour, we have a new Retracement Level @1254.76.
The Day and the Week remain unchanged.

Chart #6

On the 4 Hour, the market holds a Bearish Bias below 1254.68. The market returns Bearish below 1253.72 and Bullish above 1254.68.
On the 8 Hour, the market is Neutral between 1255.34 and 1253.25. The market returns momentarily Bearish below 1253.25 and momentarily Bullish above 1255.34.
The Day and the Week remain unchanged.

Chart #7 (Last)

On the 4 Hour, the market holds a Bullish Bias above 1250.26. The market returns Bullish above 1252.08 and Bearish below 1250.26.
On the 8 Hour, the market is Bearish below 1252.33 with Demand @1248.48.
On the Day, the market is Bearish below 1251.36 with Demand @1244.95.
On the Week, the market holds a Bullish Bias above 1208.60. The market returns Bullish above 1254.07 and Bearish below 1208.60.

Gold is not updating for some reason.

The application is not working on my computer this morning.

I emailed Jack regarding this....

I got your email ... let's go on Skype.

For those of you who have taken Short positions on Gold:

Hedging or Take Profit is at lower boundary @1254.13 of 8 Hour timeframe (see Gold chart below or Gold chart on live application).

Tuesday June 10, 2014

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Ollio's Live Commentary - Gold, Euro Dollar, Pound Dollar, Dollar Swissy

Starts : 13:15 EST (UTC-5:00)
Ends : 14:30 EST (UTC-5:00)

Link : http://bbbwebinar1.cloudapp.net/bigb...une+10%2C+2014

------------------------------------ ------------------------------------ ------------------------------------ -------------------------------

Chart #1

We have an Active Consolidation Zone as the market is simultaneously Bearish below 1255.19 on the 4 Hour and Bullish above 1250.36 on the 8 Hour.
On the 4 Hour, the market is Bearish below 1255.19 with Demand @1251.19.
On the 8 Hour, the market is Bullish above 1250.36 with Supply @1256.96.

On the Day, (1) the market is Bearish below 1253.61, (2) Supply has overcome Demand such that we have a High, (3) we have a Retracement Level @1253.61.
On the Week, the market holds a Bullish Bias above 1208.60. The market returns Bullish above 1253.43 and Bearish below 1208.60.

Chart #2

On the 4 Hour, the market is Bullish above 1253.78 with Supply @1256.74.
On the 8 Hour, the market is in the Passive Consolidation Zone between 1258.03 and 1254.00.
On the Day, (1) the market is Bullish above 1254.77, (2) Demand has overcome Supply such that we have a Low, (3) we have a Retracement Level @1254.77.
On the Week the market is Bullish above 1253.43 with Supply @1301.41.

Chart #3

On the 4 Hour, (1) the market is Bullish above 1259.42, (2) Demand has overcome Supply such that we have a Low, (3) we have a Retracement Level @1259.42.
On the 8 Hour, the market is Neutral between 1261.18 and 1258.03. The market returns momentarily Bullish above 1261.18 and momentarily Bearish below 1258.03.
On the Day, the market is Neutral between 1261.24 and 1253.61. The market returns momentarily Bullish above 1261.24 and momentarily Bearish below 1253.61.
On the Week, the market is Bullish above 1253.43 with Supply @1301.28.

Chart #4

On the 4 Hour, the market is Bullish above 1260.35.
On the 8 Hour, the market is Neutral between 1262.11 and 1258.03. The market returns momentarily Bullish above 1262.11 and momentarily Bearish below 1258.03.
On the Day, the market is Neutral between 1262.17 and 1253.61. The market returns momentarily Bullish above 1262.17 and momentarily Bearish below 1253.61.
On the Week, the market is Bullish above 1253.43 with Supply @1301.70.

Chart #5

On the 4 Hour, the market is Bearish below 1262.44 with Demand @1257.45.
The 8 Hour, the Day and the Week remain unchanged.

Go post your junk on some other thread !!!

4H supply or demand price lvls are higher/lower than 8H.need explanation and possible strategies.Can i assume that 8H is out of the game ? and if day is on same direction we enter a trade?
are those confict lvls a point of interest and price will return to this anomaly?
on all cases price took a nice move up/down in the next 2-3 4H framesreload

Also is 1266.91 and 1292.82 any point of interest? looking forward for next meeting

Also is 1266.91 and 1292.82 any point of interest? looking forward for next meeting
just found 1266.29

Where do you see 1266.91 and 1292.82 in the chart (i.e. what timeframe are you referring to ?)?

4H supply lvl is 1266,29
about those lvls , wasnt refering to the question post frames.better forget this question.