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  • #12,701
  • Jul 29, 2014 9:54am Jul 29, 2014 9:54am
Lucky me, 1995 not touched yet, longs survived..
Just removed SL from each and every long..

Lets see how this culminates by 12:00 pm NY
I think the fall may continue tomorrow too


IF it doesn't fall badly further today, I see nice support building up above 1280
Hello World!
  • #12,702
  • Jul 29, 2014 9:59am Jul 29, 2014 9:59am
i feel like ...... right now, having 2 posiotions a buy @1300 a double sell @ 1297.0 and the price is stuck in between
  • #12,703
  • Jul 29, 2014 10:25am Jul 29, 2014 10:25am
On my chart as 61.8% Fib is broken nicely below 1305.. Looking for 50% Fib at 1292 to start buying if it showed reverse. If broken then 1280 is my next buying area for 38.2% Fib.

I don't think we we will go below 1280, not in August. from there it will be choppy towards 1400 but I hope it will happen.

Green Pips for all
  • #12,704
  • Jul 29, 2014 10:31am Jul 29, 2014 10:31am
Quoting ClockTrader
Lucky me, 1995 not touched yet, longs survived.. Just removed SL from each and every long.. Lets see how this culminates by 12:00 pm NY I think the fall may continue tomorrow too IF it doesn't fall badly further today, I see nice support building up above 1280
I'm with you. Still only one short open to 1288, though postive ADP tomorrow could push price to 1280.
"The market can remain irrational longer than you can remain solvent"
  • #12,705
  • Jul 29, 2014 10:58am Jul 29, 2014 10:58am
Quoting anton.olff
{quote} I'm with you. Still only one short open to 1288, though postive ADP tomorrow could push price to 1280.
I was away all day long, away from computer, couldn't do much.. bad on my part.

Preparing myself to see this go down tomorrow, expecting sideways from here until Asian morning

Tomorrow could take this down until 70ish

Fingers crossed.. Have a good one you all..
Hello World!
  • #12,706
  • Jul 29, 2014 11:16am Jul 29, 2014 11:16am
Quoting ShadyAhmed
On my chart as 61.8% Fib is broken nicely below 1305.. Looking for 50% Fib at 1292 to start buying if it showed reverse. If broken then 1280 is my next buying area for 38.2% Fib. I don't think we we will go below 1280, not in August. from there it will be choppy towards 1400 but I hope it will happen. Green Pips for all
another rally towards 1292
  • #12,707
  • Jul 29, 2014 12:38pm Jul 29, 2014 12:38pm
Quoting AnilLonely
If i had closed my SELL deal when the value was at 1311.8 i would have been at 61 RED. I took some extra risk and denied the words of my manager for depositing funds. Thanks everyone who suggested me on this thread. Now i was having some confidence that this may come down to atleast 1286. If that becomes true i will be earning few GREEN's
what is your broker?
leverage?
at least I think your broker has a good will to communicate or give suggestion to you
  • #12,708
  • Jul 29, 2014 12:40pm Jul 29, 2014 12:40pm
Quoting jadidi
In the chart below you can see the gold in a time of 4 hours It seems that after completing a corrective structure A 5 Impulse up the Wave 1 and Wave 2 will be completed in the near vicinity of $ 1311 to $ 1300 Positive divergence is macd also evident Later we will talk about the goals of the third wave Your friendly- esmaeel jadidi {image}


According to what I said about gold at $ 1311 for the construction of the first wave in the structure above
And again to the $ 1296 price seems to have corrected all of the second wave of reform only when the second wave remains
Purchase of $ 1296 with the primary purpose of this position in 1306 recommended
The ultimate goal of the third wave around the $ 1320 I
Your friendly- esmaeel jadidi
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 45 KB
  • #12,709
  • Jul 29, 2014 1:10pm Jul 29, 2014 1:10pm
gold according to its cycles:

39 bars down

39 bars up to the one third retrace

39 bars to the zero retrace

39 bars to the one third retrace

in summary, five waves followed by three waves
Attached Image (click to enlarge)
Click to Enlarge Name: gold290714.png Size: 203 KB
twitter: @gettoefl
  • #12,710
  • Jul 29, 2014 1:29pm Jul 29, 2014 1:29pm
Back to 1300 .. Hmm
  • #12,711
  • Jul 29, 2014 5:52pm Jul 29, 2014 5:52pm
gold lovin' the gap lately
one down the next up ..
Investing is SIMPLE but NOT EASY
  • #12,712
  • Jul 29, 2014 6:05pm Jul 29, 2014 6:05pm
CT enjoy the ride tomorrow gold spike will account for current risk status who hasent been priced in yet by fear of tomorrow, GDP (most likely manipulated and expected to be so but even so worse than expected and market will instantly react on that direction) and neutral stand by fed contradicting that hawkish position.

This will trigger a 1,5% spike up so around 20$ for your bulls
  • #12,713
  • Jul 29, 2014 6:31pm Jul 29, 2014 6:31pm
this thing is in a dismissive state discarding geopolitics, I believe we are going to see lower prices toward the end of the year mainly because the dollar is becoming a superstar, I will only sell rallies as they tend to be more safe.
I recommend you read something else as this sentence is now concluded.
  • #12,714
  • Jul 29, 2014 8:10pm Jul 29, 2014 8:10pm
1299.69 right now,still bearish on the 1hr chart,first bullish signal is to have a mid. Over 1299.61 ,if the price over 1300.18
  • #12,715
  • Jul 29, 2014 9:09pm Jul 29, 2014 9:09pm
Quoting Windstrown
CT enjoy the ride tomorrow gold spike will account for current risk status who hasent been priced in yet by fear of tomorrow, GDP (most likely manipulated and expected to be so but even so worse than expected and market will instantly react on that direction) and neutral stand by fed contradicting that hawkish position. This will trigger a 1,5% spike up so around 20$ for your bulls
haha
same thing I think!!
GDP + neutral FOMC statement = KFC Combo!!
I'm very hungry for pips
can't wait for that
  • #12,716
  • Jul 29, 2014 9:32pm Jul 29, 2014 9:32pm
Wow such a spike is definitely Morton @ Chicago standard of meals , had a bad hair day as I was shorting Gold and it shoot up, SL for all positions. Extremely hungry for pips too!
  • #12,717
  • Jul 29, 2014 9:48pm Jul 29, 2014 9:48pm
Where gold is now.....

On daily basis,considering both periods 10 and 22 days,it has a big solid thick resistance @ 1312,clear break of it means just seeing the 1316,please dont hesitate for one moment of buying,or have it as a buy stop coz sometimes you wont be able to buy

on 4hr basis,10 unit period support is broken @1298.00 ,22unit period is not broken yet,clear break of 1293.00 (1291.5) gold will be bearish on all main working time frames

1hr frame,im following right now
  • #12,718
  • Jul 29, 2014 10:11pm Jul 29, 2014 10:11pm
Going over 1300.33 WILL MAKE IT bullish on 1hr
  • #12,719
  • Jul 29, 2014 10:26pm Jul 29, 2014 10:26pm
I didnt sell xau last night becoz it didnt hit 1313. Hopefully we can see 1287.xx by tonight or back to 1307.
row row row your boat
  • #12,720
  • Jul 29, 2014 11:00pm Jul 29, 2014 11:00pm
Quoting Windstrown
CT enjoy the ride tomorrow gold spike will account for current risk status who hasent been priced in yet by fear of tomorrow, GDP (most likely manipulated and expected to be so but even so worse than expected and market will instantly react on that direction) and neutral stand by fed contradicting that hawkish position. This will trigger a 1,5% spike up so around 20$ for your bulls
I don't really analyze news, just watch news / time triggers, more than often these coincide with VSA analysis.

There appears a solid support above 1281, I shall leave my longs without SL, will buy in 80is if it goes, won't buy in 70ish
Hello World!
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