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  • #19,221
  • Nov 18, 2014 6:03am Nov 18, 2014 6:03am
Quoting MrketSniper
Short Gold, 1204 and SL will be 1207. Taget below 1170
SL will move to break even.
  • #19,222
  • Nov 18, 2014 6:04am Nov 18, 2014 6:04am
Quoting Masterrmind
{quote} Exactly right! Waiting to pounce! Masterrmind............
Thank you.....
  • #19,223
  • Nov 18, 2014 6:06am Nov 18, 2014 6:06am
Quoting Ranjeet1488
{quote} Don't you think it has to go up first before a healthy pullback occurs? The chart shows bullish divergence happening on daily TF
I continue supporting the level of 1195 level, breaking which it can rally $1208, unless then i'm bear on Gold.
  • #19,224
  • Nov 18, 2014 6:09am Nov 18, 2014 6:09am
Quoting ClockTrader
I hear ya mate.. This is a thread where majority of people don't have few years of experience, with that said, when price is falling badly, everyone here shall be bearish.. and vice versa. I'm awaiting a clean & clear short entry, would sit on sidelines and watch US session ahead. {quote}
I agree and I'm pretty new to trading but still I think it's better to miss a great ride then to against your bias.Like mentioned above there will be more opportunities. A trend formed in an hour chart doesn't change my bias but providing better entries, also this level has been suggested as part of the downward move to complete some patterns.Nothing strange, just doing its thing making a bulltrap.luckily I'm not trapped!!
  • #19,225
  • Nov 18, 2014 6:10am Nov 18, 2014 6:10am
Quoting NWGstudent
{quote} If 1210 is broken I'll consider long until then I'm only looking to sell
could be looking at 1193.500 as a buy area too 1197.500 is the 200 on the 4 hour ??
  • #19,226
  • Nov 18, 2014 6:18am Nov 18, 2014 6:18am
Quoting elbert3
{quote} could be looking at 1193.500 as a buy area too 1197.500 is the 200 on the 4 hour ??
Keep previous low support at 1180 in mind.I will only consider break of 1210 as a break of that resistance, we have to keep in mind gold has unfinished patterns around 1050 so we can suggest new lows.
  • #19,227
  • Nov 18, 2014 6:33am Nov 18, 2014 6:33am
Quoting NWGstudent
{quote} I agree and I'm pretty new to trading but still I think it's better to miss a great ride then to against your bias.Like mentioned above there will be more opportunities. A trend formed in an hour chart doesn't change my bias but providing better entries, also this level has been suggested as part of the downward move to complete some patterns.Nothing strange, just doing its thing making a bulltrap.luckily I'm not trapped!!
Check my view posted on Sunday. My view was that price shall range & thereafter peak-out around 1185 - 1205

& here we are, exactly at the same point. This doesn't mean I'm trying to say that I shall be right going forward as well. Its my speculation, yours maybe in other direction, its all kooool mate.

My analysis is strictly based on VVSA, my charts have clean & clear say. No rainbow like VSA bars.

As simple as it can get. I repeat, please do share your analysis when you share a call here.
Hello World!
  • #19,228
  • Nov 18, 2014 6:35am Nov 18, 2014 6:35am
@ 1199

HUGE change that price will hit 1205-06 range by 12 pm

Logic: Refer my Sunday post & chart.
Hello World!
  • #19,229
  • Nov 18, 2014 6:42am Nov 18, 2014 6:42am
Quoting ClockTrader
{quote} Check my view posted on Sunday. My view was that price shall range & thereafter peak-out around 1185 - 1205 & here we are, exactly at the same point. This doesn't mean I'm trying to say that I shall be right going forward as well. Its my speculation, yours maybe in other direction, its all kooool mate. My analysis is strictly based on VVSA, my charts have clean & clear say. No rainbow like VSA bars. As simple as it can get. I repeat, please do share your analysis when you share a call here.
Good call....though I wonder what effect the U.K. inflation number today will have (interest rate increase?) and in the background lurking is outcome of Swiss vote on 30 November. I opened a few low risk shorts at 1200, though if PA breaks above 1207, I think we could see extension to 1225.
"The market can remain irrational longer than you can remain solvent"
  • #19,230
  • Nov 18, 2014 7:16am Nov 18, 2014 7:16am
Golds blazing hot
  • #19,231
  • Nov 18, 2014 8:03am Nov 18, 2014 8:03am
Quoting anton.olff
{quote} Good call....though I wonder what effect the U.K. inflation number today will have (interest rate increase?) and in the background lurking is outcome of Swiss vote on 30 November. I opened a few low risk shorts at 1200, though if PA breaks above 1207, I think we could see extension to 1225.
Testing shorts too....

For those who don't know: Anton is one of the those first few fellas who supported in running this thread during its first few months. There were hardly a few who used to be around here during those days.

PS: Thank you all for your support & contribution to this thread and forum and thus making this place a nice community.
Hello World!
  • #19,232
  • Nov 18, 2014 8:11am Nov 18, 2014 8:11am
Quoting ClockTrader
{quote} Testing shorts too.... For those who don't know: Anton is one of the those first few fellas who supported in running this thread during its first few months. There were hardly a few who used to be around here during those days. PS: Thank you all for your support & contribution to this thread and forum and thus making this place a nice community.

Thanks CT. Nobody matches your prodigious output of useful information. I wonder if you trade "professionally," and manage OPM (other people's money)?
"The market can remain irrational longer than you can remain solvent"
  • #19,233
  • Nov 18, 2014 8:19am Nov 18, 2014 8:19am
Quoting anton.olff
{quote} Thanks CT. Nobody matches your prodigious output of useful information. I wonder if you trade "professionally," and manage OPM (other people's money)?
=======
anton as Always 4sure
  • #19,234
  • Nov 18, 2014 8:22am Nov 18, 2014 8:22am
Quoting anton.olff
{quote} Thanks CT. Nobody matches your prodigious output of useful information. I wonder if you trade "professionally," and manage OPM (other people's money)?
Not managing anybody's money except family and extended family. Long contracts in Indian market ( Gold price in India is kinda protected due to INR <-> US$). Golden seasons kinda worked here this year as well. Sounds whacky? Not in perfect sense, But true..

I like to hedge longs in Indian market with shorts in Forex. Gold in Forex is highly vulnerable, falls easy. Its kinda complex, but, hope you got my point.
Hello World!
  • #19,235
  • Nov 18, 2014 8:30am Nov 18, 2014 8:30am
" Gold in Forex is highly vulnerable, falls easy. Its kinda complex, " + da rotschilds hav an Very Big Finger in it , mildly said
  • #19,236
  • Nov 18, 2014 8:35am Nov 18, 2014 8:35am
Quoting pips777
" Gold in Forex is highly vulnerable, falls easy. Its kinda complex, " + da rotschilds hav an Very Big Finger in it , mildly said
that was "OverHead Transmission" (OHT) for me mate, whatever.. :-)
Hello World!
  • #19,237
  • Nov 18, 2014 8:36am Nov 18, 2014 8:36am
where r d bulls
  • #19,238
  • Nov 18, 2014 8:39am Nov 18, 2014 8:39am
Quoting fagwalawa
where r d bulls
IMHO, they are panting and puffing, need a breather.. they'll be back.. soon..
Hello World!
  • #19,239
  • Nov 18, 2014 8:43am Nov 18, 2014 8:43am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
CT - so far the shorts are turning out to be handy...let's see..
  • #19,240
  • Nov 18, 2014 8:48am Nov 18, 2014 8:48am
Quoting Kah
CT - so far the shorts are turning out to be handy...let's see..
Yeah mate, by far pretty much in the said frame.. IF I can get what I seek over the next few days, its gonna feel good.. Desperately awaiting Asian morning to be sure where we are heading to....

PS: att.. chart as posted on Sunday..
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