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Only Gold!

  • #12,321
  • Jul 24, 2014 10:51pm Jul 24, 2014 10:51pm
Quoting Windstrown
well wait for london to start i believe we'll have a flat friday today getting between 1300ish and 1280 range but ending around where we are now in order to enter august confusing everyone
I doubt this is going sideways today.

I'll buy a couple of longs in the 80s range, IF it hits that area and it seems it might.

Strategy for today:
If this wants to fall, be it. Let go.
Hello World!
  • #12,322
  • Jul 24, 2014 11:12pm Jul 24, 2014 11:12pm
think it may fall ct? hmm silver's probably not going to hit the 50 fibo level wich places gold around 1280 for today..

I'm also tping 1280 for a buy in although i want to confirm if it doesnt drop any lower since my margin is currently scattered on recent triggers that happened all over like eur gbp gbpusd audnzd..

Only have space for 1 more position before reaching my safety acc margin i placed for myself
  • #12,323
  • Jul 24, 2014 11:58pm Jul 24, 2014 11:58pm
I think gold is going down... As on Ellito Wave basic... gold is going down side of making 3rd wave and first target is 1285 point...
  • #12,324
  • Jul 25, 2014 12:05am Jul 25, 2014 12:05am
Trade safe mate! The size of the lot and MM is the key.


Quoting Windstrown
think it may fall ct? hmm silver's probably not going to hit the 50 fibo level wich places gold around 1280 for today.. I'm also tping 1280 for a buy in although i want to confirm if it doesnt drop any lower since my margin is currently scattered on recent triggers that happened all over like eur gbp gbpusd audnzd.. Only have space for 1 more position before reaching my safety acc margin i placed for myself
Hello World!
  • #12,325
  • Jul 25, 2014 12:08am Jul 25, 2014 12:08am
This is what I got to share today..
Attached Image
Hello World!
  • #12,326
  • Jul 25, 2014 12:30am Jul 25, 2014 12:30am
Still my view Gold to go lower.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdweekly 25-7-14.png Size: 118 KB
  • #12,327
  • Jul 25, 2014 12:33am Jul 25, 2014 12:33am
Same for silver
Attached Image (click to enlarge)
Click to Enlarge Name: xagusdweekly.png Size: 132 KB
  • #12,328
  • Jul 25, 2014 1:03am Jul 25, 2014 1:03am
saxo bank chart predicted silver price in advance and shown 20.50 on chart
  • #12,329
  • Jul 25, 2014 1:03am Jul 25, 2014 1:03am
well gold and silver are both on fibo levels atm. I'm sure they'll brake them but if for some reason it holds today i'm entering here before i lose the oportunity since monday will have a spike back up on the new contracts
  • #12,330
  • Jul 25, 2014 1:05am Jul 25, 2014 1:05am
How do investors trade gold? Do they trade mostly by trendlines or economic data?
  • #12,331
  • Jul 25, 2014 1:33am Jul 25, 2014 1:33am
I don't see gold going down before the daily pivot (also bang on-top of a weekly resistance) is revisited @ 1295-1297.
  • #12,332
  • Jul 25, 2014 1:34am Jul 25, 2014 1:34am
Good day guys
Closed my short and now long.. Wont exit the long until 1283 is breached.
  • #12,333
  • Jul 25, 2014 2:04am Jul 25, 2014 2:04am
Wondering whether long at 1290 with a Tp @ 1298 would be good idea or not
  • #12,334
  • Jul 25, 2014 3:49am Jul 25, 2014 3:49am
longers be careful... i think we are going down (PA is suggesting that) --- break & retrace and showing resistance!
  • #12,335
  • Jul 25, 2014 4:33am Jul 25, 2014 4:33am
If $1280 gets dissolved then the next major stop will be $1240.

IMO PA rests on the outlook of $1280. We are still in an uptrend mid term however if $1280 is taken then bias moves to the down side mid-long term targeting $1240 as the next TP level.

Upside resistance lays at $1300 & $1305. Bull have more of a fight to put up on this one.
To live a successful life, we must lose our fear of being wrong
  • #12,336
  • Jul 25, 2014 4:44am Jul 25, 2014 4:44am
I think being long 1293 is ok, with 1285 stop, without take profit.
  • #12,337
  • Jul 25, 2014 5:23am Jul 25, 2014 5:23am
just woke up ,1295.40 closed my longs,start selling....
  • #12,338
  • Jul 25, 2014 5:36am Jul 25, 2014 5:36am
Quoting wafiqsalameh
just woke up ,1295.40 closed my longs,start selling....
Cool, where your stops cos thats where ill place my tp
  • #12,339
  • Jul 25, 2014 5:40am Jul 25, 2014 5:40am
Good morning nooby lurker here been watching this thread me likes it


still holding long 1291.7
  • #12,340
  • Jul 25, 2014 5:48am Jul 25, 2014 5:48am
Hello all and good morning (صباح الخير)
Just closed all my long trades with profits thx god wasnt feeling good about it at all (",)
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