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Only Gold!

  • #14,561
  • Aug 17, 2014 4:56pm Aug 17, 2014 4:56pm
Buy At curent possition,Stoploss At 1280$ but you must To Take 2 Patience pills
  • #14,562
  • Aug 17, 2014 6:22pm Aug 17, 2014 6:22pm
Quoting qaiser4u007
Buy At curent possition,Stoploss At 1280$ but you must To Take 2 Patience pills
at the moment under all pivots, daily, weekly & monthly; perhaps better wait (patience pills again absolutely) and buy @1306?
the approximate present does not approximately determine the future
  • #14,563
  • Aug 17, 2014 6:46pm Aug 17, 2014 6:46pm
Gold may still visit 1295.18 today
  • #14,564
  • Aug 17, 2014 6:54pm Aug 17, 2014 6:54pm
Quoting Karpa
Gold may still visit 1295.18 today
or lower..
  • #14,565
  • Aug 17, 2014 7:13pm Aug 17, 2014 7:13pm
Just closed my short from 1303 at 1299.54
made good green
illgo to bed now see u all later and green week all
cheerzz (",)
Senior Trader Multi-Account Manager
  • #14,566
  • Aug 17, 2014 8:27pm Aug 17, 2014 8:27pm
Quoting andexQ
{quote} or lower..
y say so??
  • #14,567
  • Aug 17, 2014 8:54pm Aug 17, 2014 8:54pm
I think Silver has now put in the bottom. It's really tough to call something like that especially when they just hammer gold and silver non stop. But personally that's my outlook here… Silver bottomed right below 19.50 and if not might be a few cents lower than that later…

Gold probably back up to 1305-1306 stay sideways 1296-1306 range until breaking out.

We shall see. Good luck y'all.
  • #14,568
  • Aug 17, 2014 9:00pm Aug 17, 2014 9:00pm
Quoting Ck87
I think Silver has now put in the bottom. It's really tough to call something like that especially when they just hammer gold and silver non stop. But personally that's my outlook here… Silver bottomed right below 19.50 and if not might be a few cents lower than that later… Gold probably back up to 1305-1306 stay sideways 1296-1306 range until breaking out. We shall see. Good luck y'all.
my cci(60) :-181
my RSI(20) : 0

Ya, nearing bottom for me too(CCI -200), but my CCI dont work so well on silver/gold/eur haha.
  • #14,569
  • Aug 17, 2014 9:17pm Aug 17, 2014 9:17pm
Sell Gold. Gold low for today will be 1290 or less.
  • #14,570
  • Aug 17, 2014 9:30pm Aug 17, 2014 9:30pm
Quoting iwishtowin
Sell Gold. Gold low for today will be 1290 or less.
Just sell gold...that's it....no reason or analysis?
These are the kind of things that turn a good thread into garbage.
There was another one today stating to buy at current levels when market opens.
There is no discussion with such statements.....unless you would like to provide further reasoning.
Shapeshift greed and catch em' off guard
  • #14,571
  • Aug 17, 2014 9:41pm Aug 17, 2014 9:41pm
Quoting Czaray
{quote} Just sell gold...that's it....no reason or analysis? These are the kind of things that turn a good thread into garbage. There was another one today stating to buy at current levels when market opens. There is no discussion with such statements.....unless you would like to provide further reasoning.
Dont go for it. I dont have time to explain things to you. Just for your reference, all my predictions on Forexfactory has been 100% correct uptil date. Read my historical predictions.
  • #14,572
  • Aug 17, 2014 9:49pm Aug 17, 2014 9:49pm
Quoting wen325
{quote} y say so??

Yes I say so (lower than 1295.18)..

Why ?
Because seller/supply still dominating gold without apparent interest from buyer/demand.
Even at 1292 seller will still want to push lower, any up-move should be considered as reaction.
  • #14,573
  • Aug 17, 2014 9:53pm Aug 17, 2014 9:53pm
Quoting Czaray
{quote} Just sell gold...that's it....no reason or analysis? These are the kind of things that turn a good thread into garbage. There was another one today stating to buy at current levels when market opens. There is no discussion with such statements.....unless you would like to provide further reasoning.
at the end of the day, demand is the only thing that matters, there is a great decline in demand from the biggest buyers like China and India along with low investment, low inflation fears and finally a stronger dollar from now on until 2015, if fundamentals stay this way gold will become cheaper unless a disaster happens in the field of geopolitics, i hope this gives you a better insight

EDIT: maybe 1290 for today is a long shot but in the longer term gold is more likely to decline.
I recommend you read something else as this sentence is now concluded.
  • #14,574
  • Aug 17, 2014 10:17pm Aug 17, 2014 10:17pm
Thanks for the insight Obaidah.
Shapeshift greed and catch em' off guard
  • #14,575
  • Aug 17, 2014 10:18pm Aug 17, 2014 10:18pm
Quoting iwishtowin
{quote} Dont go for it. I dont have time to explain things to you. Just for your reference, all my predictions on Forexfactory has been 100% correct uptil date. Read my historical predictions.


Took you up on this. 30 seconds later I have this:

Quoting iwishtowin
USD/CAD at critical support and time to buy. USD/CAD will reach 1.1038 target.
Reached halfway to your target and if your position is still open it will be now in a loss. I haven't heard such a stupid comment for a while. Bravo to the stupid
As the lights go by so too do the shadows move
  • #14,576
  • Aug 17, 2014 10:22pm Aug 17, 2014 10:22pm
Quoting Ck87
I think Silver has now put in the bottom. It's really tough to call something like that especially when they just hammer gold and silver non stop. But personally that's my outlook here… Silver bottomed right below 19.50 and if not might be a few cents lower than that later… Gold probably back up to 1305-1306 stay sideways 1296-1306 range until breaking out. We shall see. Good luck y'all.
I have the same bottom on Silver.

GL.
As the lights go by so too do the shadows move
  • #14,577
  • Aug 17, 2014 10:22pm Aug 17, 2014 10:22pm
Quoting iwishtowin
{quote} Dont go for it. I dont have time to explain things to you. Just for your reference, all my predictions on Forexfactory has been 100% correct uptil date. Read my historical predictions.
Quoting Czaray
{quote} Just sell gold...that's it....no reason or analysis? These are the kind of things that turn a good thread into garbage. There was another one today stating to buy at current levels when market opens. There is no discussion with such statements.....unless you would like to provide further reasoning.
@iwishtowin I think everyone here would appreciate if you provide some kind of logical theory, a chart or any such thing to justify your call. Even I've been weak on this front & lately I started adding a few line section "Logic" to my call when I take positions.
Hello World!
  • #14,578
  • Aug 17, 2014 10:32pm Aug 17, 2014 10:32pm
IF price wants to climb, it will have real hard time breaching 1303-1305 area. IF it can climb above 1305 and stay in the 1305-10 area for a day or two, I'd say Bulls are back, BUT, I strongly doubt thats going to happen.

On broad level my view remains Bearish. Double Peak-outs on VSA (H1) kick started bearish rally, this is not going way low without a bounce.

PS: SMA 555 in the att. chart
Attached Image (click to enlarge)
Click to Enlarge Name: sma-555.PNG Size: 23 KB
Hello World!
  • #14,579
  • Aug 17, 2014 10:36pm Aug 17, 2014 10:36pm
Quoting ClockTrader
IF price wants to climb, it will have real hard time breaching 1303-1305 area. IF it can climb above 1305 and stay in the 1305-10 area for a day or two, I'd say Bulls are back, BUT, I strongly doubt thats going to happen. On broad level my view remains Bearish. Double Peak-outs on VSA (H1) kick started bearish rally, this is not going way low without a bounce. PS: SMA 555 in the att. chart {image}
> On broad level my view remains Bearish. Double Peak-outs on VSA (H1) kick started bearish rally, this is not going way low without a bounce

-----> I thought I should elaborate above as it sounded confusing..

I expect this to bottom out soon, within 10 days. Thereafter a small bounce rally and then bearish to continue and then a nice and awesome final bottom out.
Hello World!
  • #14,580
  • Aug 17, 2014 10:59pm Aug 17, 2014 10:59pm
Quoting ClockTrader
{quote} > On broad level my view remains Bearish. Double Peak-outs on VSA (H1) kick started bearish rally, this is not going way low without a bounce -----> I thought I should elaborate above as it sounded confusing.. I expect this to bottom out soon, within 10 days. Thereafter a small bounce rally and then bearish to continue and then a nice and awesome final bottom out.
Do you pay attention to stock markets at all?

S&P had a one day reversal on Friday and now opened new highs but there's some serious divergence in those markets… Who knows though, could go higher and metals can go down. And also metals can go down regardless of what markets do, we've all seen that many times. Anyways wish you well this week CT.
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