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  • #16,741
  • Sep 30, 2014 5:24am Sep 30, 2014 5:24am
Quoting wibie g
Hmmm, I am keen to see what Gold Bullish Supporters would say about the latest price drop this last hour..

look at eur, cable - they fell too
  • #16,742
  • Sep 30, 2014 5:45am Sep 30, 2014 5:45am
Quoting Landline
Hi all. I continue to think that until price proves different that we are in a 1240-1200 type of range as recent pa has demonstrated over the last week or so, which is a decent trading range after all said and done. I'm kind of siding long at present, but we can of course quite easily slide back down to 1200, and if it does then Ill be waiting to pull the trigger long, based upon the range mentioned at least, on the other hand, if price breaks 1240 first then that for me will constitute a momentum change to the upside to climb on board with confidence...
Hi all,

Price still in the range mentioned, nothings changed for me to think any differently than the basic plan mentioned.

Long will be my direction whichever scenario occurs first above, because I can only see better value to be had upside.

So I'm simply waiting for now until I'm in either position to pull the trigger..... KISS I think its called lol
  • #16,743
  • Sep 30, 2014 5:54am Sep 30, 2014 5:54am
Quoting wibie g
Hmmm, I am keen to see what Gold Bullish Supporters would say about the latest price drop this last hour..
they will say they were wrong and the market made to fool and break people. And it may stop somwhere here and fool the short expectations and bull up. This is market. Aslong MM and thier account still surviving then they are fine.
  • #16,744
  • Sep 30, 2014 5:58am Sep 30, 2014 5:58am
$1184 will be revisited before any structural bull patterns will occur IMO. Every retrace has been an opportunity to sell. Previous down channel LTL has been used as resistance on 3 recent occasions. EOY will be below $1200 based on years current PA. Longer term view only not scalping.
To live a successful life, we must lose our fear of being wrong
  • #16,745
  • Sep 30, 2014 5:59am Sep 30, 2014 5:59am
Daily charts - Silver has a clear run back to $16 range over the course of the next couple of months IMO.
To live a successful life, we must lose our fear of being wrong
  • #16,746
  • Sep 30, 2014 6:06am Sep 30, 2014 6:06am
2nd long at 1205,8 (",)
Senior Trader Multi-Account Manager
  • #16,747
  • Sep 30, 2014 6:12am Sep 30, 2014 6:12am
Quoting goldstreet
{quote} they will say they were wrong and the market made to fool and break people. And it may stop somwhere here and fool the short expectations and bull up. This is market. Aslong MM and thier account still surviving then they are fine.
Agreed, Goldstreet. I still open my Short since early this month.
As I mentioned here, as long as price doesn't close in D1 above weekly pivot, I'll be keeping my short position open.
  • #16,748
  • Sep 30, 2014 6:15am Sep 30, 2014 6:15am
Bear flag consolidation, with possible breakdown.
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"Where you want to be is always in control, never wishing, always trading.
  • #16,749
  • Sep 30, 2014 6:43am Sep 30, 2014 6:43am
I sense big butthurt-ness in some of the comments here. Especially from the mad, steamy bulls.
  • #16,750
  • Sep 30, 2014 6:50am Sep 30, 2014 6:50am
Quoting EatPIPs
$1184 will be revisited before any structural bull patterns will occur IMO. Every retrace has been an opportunity to sell. Previous down channel LTL has been used as resistance on 3 recent occasions. EOY will be below $1200 based on years current PA. Longer term view only not scalping.
Dear,

Welcome back. I missed you and your analysis a lot.

Azfar
  • #16,751
  • Sep 30, 2014 7:08am Sep 30, 2014 7:08am
hi all,

the next support line should be 1200, then 1192, and 1180
the ny session for the past couple of weeks has been pulling down gold like mad, do you think 1200 will fall tonight?
  • #16,752
  • Sep 30, 2014 7:19am Sep 30, 2014 7:19am
Quoting tbngfuego
hi all, the next support line should be 1200, then 1192, and 1180 the ny session for the past couple of weeks has been pulling down gold like mad, do you think 1200 will fall tonight?
Yes
  • #16,753
  • Sep 30, 2014 7:19am Sep 30, 2014 7:19am
Quoting azfarjaved
{quote} Dear, Welcome back. I missed you and your analysis a lot. Azfar
Thanks for the kind words Azfar.

Not participating on these forums much now.
To live a successful life, we must lose our fear of being wrong
  • #16,754
  • Sep 30, 2014 7:38am Sep 30, 2014 7:38am
Quoting theDHT
{quote} i dont think that I have... can you post again?
Golden Seasons CHart in 1st post here..

http://www.forexfactory.com/showthread.php?t=426397

Dark Seasons here..

http://www.forexfactory.com/showthre...=7501441#reply

Exactly opposite seasons.
Hello World!
  • #16,755
  • Sep 30, 2014 7:43am Sep 30, 2014 7:43am
Quoting ClockTrader
{quote} Golden Seasons CHart in 1st post here.. http://www.forexfactory.com/showthread.php?t=426397 Dark Seasons here.. http://www.forexfactory.com/showthre...=7501441#reply Exactly opposite seasons.

... very interesting indeed
only 2 outliers in the gold chart, one you highlighted, the other was 2013, though it was more flat than an outlier...

this is an exceptionally good insight, thanks for pointing it out!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #16,756
  • Sep 30, 2014 7:58am Sep 30, 2014 7:58am
look what gold will do in the 1195/2 area (could spike in to 1188..) there is a chance for a bull correction towards 1220's and 1250's
69
  • #16,757
  • Sep 30, 2014 8:03am Sep 30, 2014 8:03am
Quoting theDHT
{quote} ... very interesting indeed only 2 outliers in the gold chart, one you highlighted, the other was 2013, though it was more flat than an outlier... this is an exceptionally good insight, thanks for pointing it out!
Yea, 2013 was flat, I should highlight that too.

In 2015-Jan, I'll highlight 2014 as well.

2014 is unfolding like 2008, hurting investors like me.

Invested fairly at this stage as I've been closing shorts one by one lately.
Hello World!
  • #16,758
  • Sep 30, 2014 8:19am Sep 30, 2014 8:19am
Still the same scheme on Gold pump on open dump later with profit on shorts lol
  • #16,759
  • Sep 30, 2014 8:21am Sep 30, 2014 8:21am
Quoting ClockTrader
{quote} Yea, 2013 was flat, I should highlight that too. In 2015-Jan, I'll highlight 2014 as well. 2014 is unfolding like 2008, hurting investors like me. Invested fairly at this stage as I've been closing shorts one by one lately.
well, if you are right, then the rest of the year should work out as per the seasonal pattern, although, longer term, I do harbor doubts about how far north gold can go while world central banks are actively manipulating their currencies, specifically the FED and BOJ...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #16,760
  • Sep 30, 2014 8:26am Sep 30, 2014 8:26am
Quoting theDHT
{quote} well, if you are right, then the rest of the year should work out as per the seasonal pattern, although, longer term, I do harbor doubts about how far north gold can go while world central banks are actively manipulating their currencies, specifically the FED and BOJ...
Price has been going sideways for the past 12+ days for me (on H4), bottom appears locked unless it falls freely.

VVSA patterns are cheating, not clear at all. I have no strategy but to remain invested at this point of time.
Hello World!
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