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Only Gold!

  • #20,081
  • Dec 2, 2014 12:15am Dec 2, 2014 12:15am
Quoting forexings
{quote} So it happens yah?
happy new year?
  • #20,082
  • Dec 2, 2014 12:24am Dec 2, 2014 12:24am
Quoting hjs69
{quote} No but have found it on Momentum, not sure if real or not will wait it out and see after the big move.
Im not so sure also... doesnt have a clear view, if any 1 here find it in other indicators, please share...
  • #20,083
  • Dec 2, 2014 1:09am Dec 2, 2014 1:09am
Quoting fxgold01
i don't think that gold will hold 1200, there is no news effect on gold, no fundamental reason behind this big up side movement.. in my opinion this only comes to eat traders account every person is selling on gold but after this movement many people change their strategy and going to buy then again gold will play a game with us and will show their real down side trend... as we have seen on eur usd pair on 14 november usd news comes positive but pair will move 120 pip up side and after 2 days show their real market value...
On a technical basis, we should get back down to the 1150 handle in the next 4 days and hold between 1140 - 1180 level for a good week (unless all hell breaks loose)

Based on Ichi and D1 chart
A genius is born every minute, me I am lucky if my socks match.
  • #20,084
  • Dec 2, 2014 1:33am Dec 2, 2014 1:33am
The rally is formed already, yesterdays bull move was the highest gain in day in 2014. But consolidation should be at work now
  • #20,085
  • Dec 2, 2014 2:00am Dec 2, 2014 2:00am
Quoting blacksnake
{quote} Im not so sure also... doesnt have a clear view, if any 1 here find it in other indicators, please share...
I can see divergence in sto....
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  • #20,086
  • Dec 2, 2014 2:22am Dec 2, 2014 2:22am
Quoting eugenyk
{quote} happy new year?
Not that far. As I told, long term sellers projection $900 gold remain in their dream. That bluff was to impress traders to sell gold so they could confirm profit taking at lowest rate. Profit taking will keep gold above 1200 by the end of this year.
You cannot learn better without losing
  • #20,087
  • Dec 2, 2014 3:08am Dec 2, 2014 3:08am
Bounces from immediate support (1150 area) and now reversing from important resistance (1220).
Bearish bias remains intact for a drop below 1100 mark, which is negated only once it clears 1245-50 resistance after climbing above 1220 resistance.
Bears still in full control, nothing to worry as of now until trades below 1220...
  • #20,088
  • Dec 2, 2014 3:30am Dec 2, 2014 3:30am
USDX yesterday fell hard, this is one reason why gold went up.
Today looks like the índex is rising, so guess what
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  • #20,089
  • Dec 2, 2014 3:48am Dec 2, 2014 3:48am
Quoting Karpa
USDX yesterday fell hard, this is one reason why gold went up. Today looks like the índex is rising, so guess what {image}
Attached Image
  • #20,090
  • Dec 2, 2014 3:57am Dec 2, 2014 3:57am
Quoting trader700
{quote} {image}
Many green pips to you mate, with your crystal ball
  • #20,091
  • Dec 2, 2014 4:02am Dec 2, 2014 4:02am
Quoting Karpa
{quote} Many green pips to you mate, with your crystal ball
Even Crystal ball would't be able to predict yesterdays move -
  • #20,092
  • Dec 2, 2014 4:07am Dec 2, 2014 4:07am
Quoting trader700
{quote} Even Crystal ball would't be able to predict yesterdays move -
Yesterday's move happened as the day went by.
I posted a call yesterday ragarding my position on silver, kindly check it out
I didn't post my view on gold as I trade Gold/Euro and it's somewhat different from Gold/USD.
Anyway, I hope you had a nice day.

Cheers
  • #20,093
  • Dec 2, 2014 4:12am Dec 2, 2014 4:12am
Quoting Karpa
{quote} Yesterday's move happened as the day went by. I posted a call yesterday ragarding my position on silver, kindly check it out I didn't post my view on gold as I trade Gold/Euro and it's somewhat different from Gold/USD. Anyway, I hope you had a nice day. Cheers
Thanks
It wasn't my best day but i managed to get out on BE
  • #20,094
  • Dec 2, 2014 4:18am Dec 2, 2014 4:18am
Quoting fxmasterdxb
Okay, here you go my view on gold: It's trading in a channel (red lines) and has hit 38.2 fibbo retracement, as long as the day closes below 1213, i remain bearish and will start selling! Good luck! {image}
Had a sweet $20 run! Will look for opportunities to buy around 1191 and 1183 if proper setup prevails.
  • #20,095
  • Dec 2, 2014 4:39am Dec 2, 2014 4:39am
i dunno about you guys but that was a huge fucking buy whoever was buying silver down there, i think was like a massive pin bar down there which preceded the rally now up in the 16's holding strong.
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All posts are my personal opinion
  • #20,096
  • Dec 2, 2014 6:35am Dec 2, 2014 6:35am
Unfinish Business... Becareful for the bears...
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  • #20,097
  • Dec 2, 2014 7:09am Dec 2, 2014 7:09am
looks like American bulls are back for the un finish show........
  • #20,098
  • Dec 2, 2014 7:45am Dec 2, 2014 7:45am
ohhh yes baby climb ...!!!!!!!!!!!!!!!!!!!!!!
  • #20,099
  • Dec 2, 2014 7:46am Dec 2, 2014 7:46am
1204 long order on
  • #20,100
  • Dec 2, 2014 7:48am Dec 2, 2014 7:48am
Quoting elbert3
1204 long order on
from 1204 long order on ??long order of buy or sell??
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