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Only Gold!

  • #17,421
  • Oct 12, 2014 8:45pm Oct 12, 2014 8:45pm
closed long, open some short. looking for better position to enter long again.
  • #17,422
  • Oct 12, 2014 9:24pm Oct 12, 2014 9:24pm
Quoting Hunterrus
{quote} medium resistance at 1235 (but this time it will be broken on Tue or even Wed) - it will be there! I am closed for today for more trades - USD HOLIDAY
i mean do you expect it to come down to 1220?
  • #17,423
  • Oct 12, 2014 9:32pm Oct 12, 2014 9:32pm
Quoting Goldengun
just put a short @ 1233 with TP:1226:blush: , dont forget that i am a sentimental trader
Same here
  • #17,424
  • Oct 12, 2014 9:54pm Oct 12, 2014 9:54pm
Quoting Spec_And
I hope you guys bought that dip, because this is almost certain to move higher now. On the H1 an IHS is developing, only a take down of 1204 will negate that view (fat hopes).
There was a 2nd dip after a touch of 34, forming an up trend on the lower time frames now.

IHS still in play.
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"Where you want to be is always in control, never wishing, always trading.
  • #17,425
  • Oct 12, 2014 9:56pm Oct 12, 2014 9:56pm
Quoting Mr.C
Good late evening traders. Just a quick Gold note: expecting a move south this week. Will update. Wish everyone a successful upcoming week!
Any technical reason?
Hello World!
  • #17,426
  • Oct 12, 2014 9:58pm Oct 12, 2014 9:58pm
Quoting Hunterrus
was right as usual =) Strong asian breaker of a thu sell-zone https://www.youtube.com/channel/UCYA...8sK2V5l_BXxT_g
You right mate :-)

Hello World!
  • #17,427
  • Oct 12, 2014 9:59pm Oct 12, 2014 9:59pm
Quoting Goldengun
just put a short @ 1233 with TP:1226:blush: , dont forget that i am a sentimental trader
Quoting Rashidtrade
1240 or above expected today ..... that's my point of view
I would appreciate if you post analysis along with your view. Merely posting Gold is going South / North or east won't help but is considered verbage.

IF you are new and don't know how to analyze, I suggest watch & learn.
Hello World!
  • #17,428
  • Oct 12, 2014 10:07pm Oct 12, 2014 10:07pm
Quoting babaz7
{quote} i mean do you expect it to come down to 1220?
to reach a 1220 - it need a new supply zone (strong red zone on top) - but now it is much easer for market to break old RED ZONES
Gold Annihilation System
  • #17,429
  • Oct 12, 2014 10:14pm Oct 12, 2014 10:14pm
Hello evryone

IMHO Gold to at least $1240 ( maybe $1250) then .... eventually back to, and below $1180
Respect the inescapable certainity of Math
  • #17,430
  • Oct 12, 2014 10:34pm Oct 12, 2014 10:34pm
Quoting Hunterrus
{quote} to reach a 1220 - it need a new supply zone (strong red zone on top) - but now it is much easer for market to break old RED ZONES
thankyou!
  • #17,431
  • Oct 12, 2014 10:39pm Oct 12, 2014 10:39pm
Quoting Hunterrus
{quote} to reach a 1220 - it need a new supply zone (strong red zone on top) - but now it is much easer for market to break old RED ZONES
So what you're saying is that gold will come up first before coming down to 1220-1219 like you said on Friday?

I'm going for sell @ 1232. Only put TP @ 1225 until it goes back to the opening price.

Thanks
  • #17,432
  • Oct 12, 2014 10:43pm Oct 12, 2014 10:43pm
Quoting vp920b
{quote} So what you're saying is that gold will come up first before coming down to 1220-1219 like you said on Friday? I'm going for sell @ 1232. Only put TP @ 1225 until it goes back to the opening price. Thanks
1.today is no USA in the market
2. on friday market created 2 strong bulls zones
3. How do you think how much power left at 1235 after 2 strong bull zones from 1218 to 1222???
4. It goes only UP UP and UP
5 to have a fall at least for 100 pips it needs a strong supply on top! to make it they need a lot of money - not today
Gold Annihilation System
  • #17,433
  • Oct 12, 2014 10:44pm Oct 12, 2014 10:44pm
I still see no reason to sell 1235 again - that time ended
Price can consolidate near this top - we will see - if something NEW I will tell and show

Quoting vp920b
{quote} So what you're saying is that gold will come up first before coming down to 1220-1219 like you said on Friday? I'm going for sell @ 1232. Only put TP @ 1225 until it goes back to the opening price. Thanks
Check your PMs
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Gold Annihilation System
  • #17,434
  • Oct 12, 2014 11:55pm Oct 12, 2014 11:55pm
I would like to sit on sidelines this week until there is a clear bottom-out or peak-out on H1.

Price is climbing on a top H1 bottom-out and H1 peak-out. Too confusing to trade.

PS: I would trade day and the sessions for tiny P/L.
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Hello World!
  • #17,435
  • Oct 13, 2014 1:15am Oct 13, 2014 1:15am
Hi ClockTrader (and All), thank you for setting up this informative thread. I am in total alignment with your thoughts here... have been puzzled by recent price-action (1H TF). I'm hoping things will change later this week. [Your trading style (page 1) is rather unique to me and I'm interested to know how you came about this approach?]
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  • #17,436
  • Oct 13, 2014 1:40am Oct 13, 2014 1:40am
I told you not to short - another breaker possible
Gold Annihilation System
  • #17,437
  • Oct 13, 2014 2:34am Oct 13, 2014 2:34am
price action in gold last week has given a clear indication that the target will be closer to the 1284 mark
but there is not clean/tradable bottom yet...
i now view ~1205 as the ideal level to get aggressively long for a multi week swing play up to the above mentioned target
90% of people, are wrong about 90% of everything, 90% of the time...
  • #17,438
  • Oct 13, 2014 2:45am Oct 13, 2014 2:45am
Quoting Agent Orange
Hello evryone IMHO Gold to at least $1240 ( maybe $1250) then .... eventually back to, and below $1180
  • #17,439
  • Oct 13, 2014 2:45am Oct 13, 2014 2:45am
Quoting griffinssoul
Hi ClockTrader (and All), thank you for setting up this informative thread. I am in total alignment with your thoughts here... have been puzzled by recent price-action (1H TF). I'm hoping things will change later this week. [Your trading style (page 1) is rather unique to me and I'm interested to know how you came about this approach?] {image}
Thanks for your contribution to this place. The Golden Seasons are based on Ancient Indian Festivals. The 2nd half of the Golden Seasons is supposed to be more bullish, but, be informed that seasons are not working correctly.

IMHO, the multi year trend should remain bearish with exception to an year or two. My view for current month remains bullish on a broad level. Given the history of seasons, the bull-wave should carry on for next month too.
Hello World!
  • #17,440
  • Oct 13, 2014 2:47am Oct 13, 2014 2:47am
Quoting theDHT
price action in gold last week has given a clear indication that the target will be closer to the 1284 mark but there is not clean/tradable bottom yet... i now view ~1205 as the ideal level to get aggressively long for a multi week swing play up to the above mentioned target
I would like to load longs if/when I can see a clear bottom-out on VVSA-H1, until then I would like to do small day trades only.

Sit on sidelines for swing / rally positions.
Hello World!
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