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Only Gold!

  • #20,181
  • Dec 4, 2014 4:12am Dec 4, 2014 4:12am
i would like to see return 1215 now,,below 1200 could see 1150 area i think ,just putting orders on post chart in bit
  • #20,182
  • Dec 4, 2014 4:23am Dec 4, 2014 4:23am
Above 100 moving average .only break bellow it confirms short positions now
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focus while relaxed to see better
  • #20,183
  • Dec 4, 2014 4:35am Dec 4, 2014 4:35am
We may spend tens of hrs observing sideways.. doing all kinds of analysis a trader can imagine (& beyond imagination) & guess what?

All they need is an hr or two to hammer the price down or elevate through the roof.. and we traders are like wt. is going on? How? Why? Blah blah.. and there is a huge clamour everywhere..

Salvation works like a charm.. I'm working on this.. don't feel bad or good, just sit calm & tight regardless of how PA works.. in favour or against positions..

Trade Light, Trade Safe!
Hello World!
  • #20,184
  • Dec 4, 2014 4:50am Dec 4, 2014 4:50am
don't trade emotions

Cheers
  • #20,185
  • Dec 4, 2014 4:54am Dec 4, 2014 4:54am
Quoting ClockTrader
We may spend tens of hrs observing sideways.. doing all kinds of analysis a trader can imagine (& beyond imagination) & guess what? All they need is an hr or two to hammer the price down or elevate through the roof.. and we traders are like wt. is going on? How? Why? Blah blah.. and there is a huge clamour everywhere.. Salvation works like a charm.. I'm working on this.. don't feel bad or good, just sit calm & tight regardless of how PA works.. in favour or against positions.. Trade Light, Trade Safe!
Thank you clock trader
In this chart of hourlly time frame i can see a positive bullish price action which is higher lows
I am looking to see more highs coming i am long from two days target will be as 1250
Goldman schas start of this year predicted for gold to end at this level about 1250
All have a nice day
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focus while relaxed to see better
  • #20,186
  • Dec 4, 2014 4:59am Dec 4, 2014 4:59am
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1203 long
  • #20,187
  • Dec 4, 2014 4:59am Dec 4, 2014 4:59am
Quoting orabi
{quote} Thank you clock trader In this chart of hourlly time frame i can see a positive bullish price action which is higher lows I am looking to see more highs coming i am long from two days target will be as 1250 Goldman schas start of this year predicted for gold to end at this level about 1250 All have a nice day {image}
All I got to say is "Trade Light, Trade Safe"
Hello World!
  • #20,188
  • Dec 4, 2014 5:03am Dec 4, 2014 5:03am
Seek a breakout.. Fingers crossed..
Hello World!
  • #20,189
  • Dec 4, 2014 5:25am Dec 4, 2014 5:25am
Seems to be goin downwards to me...
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  • #20,190
  • Dec 4, 2014 6:00am Dec 4, 2014 6:00am
Quoting ClockTrader
Seek a breakout.. Fingers crossed..

breakout?? bear or bull??
  • #20,191
  • Dec 4, 2014 6:07am Dec 4, 2014 6:07am
Quoting Azmat313
{quote} breakout?? bear or bull??
Any side would be fine.. Only issue is that VVSA + Contact Expiry (in IN) suggest there is not much upside left..

IF we are talking about decisive breakout like PA traveling 20 - 40 $s, south looks good, IMHO. IF it goes North, my entire exercise of shorts would turn futile.
Hello World!
  • #20,192
  • Dec 4, 2014 6:33am Dec 4, 2014 6:33am
A south side will seatl it at 1140 but looking to price action patterens suggest a north play will be better
I can see a double bottom also with a retest of a neck trend for safety stop loss at 1190 will be good it is big but we have no other option
Target as i said befor above 1250 for playing it south stop loss as 1215target can be as 1180 and 1150
All have a nice day
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focus while relaxed to see better
  • #20,193
  • Dec 4, 2014 6:41am Dec 4, 2014 6:41am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
Hi Everyone,

After resting for a day, yesterday once again I got a nice short entry point. Now we are faced by 1201.50 on H1 which is a key support for another wave down, let's see what happens. I am already up for the day but still want to let these shorts loose for a bigger downside move.
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  • #20,194
  • Dec 4, 2014 6:44am Dec 4, 2014 6:44am
how much do you guys try to get out of position moves - eg trade to get 3 p ups or downs, or try grab onto bigger 10+ moves in price?
  • #20,195
  • Dec 4, 2014 6:58am Dec 4, 2014 6:58am
crude testing 66,70 areae it is important for gold aswell, if they continue move together breaking this area can make gold shorter.
  • #20,196
  • Dec 4, 2014 7:15am Dec 4, 2014 7:15am
from previous post 2 days ago: retest of previous highs and 4H bullish engulfing might play (not yet closed) but looking bullish to me. Still long
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  • #20,197
  • Dec 4, 2014 7:34am Dec 4, 2014 7:34am
Now lets give it an hr or two.. to see how it plays out :-)
Hello World!
  • #20,198
  • Dec 4, 2014 7:58am Dec 4, 2014 7:58am
Quoting ClockTrader
Now lets give it an hr or two.. to see how it plays out :-)

very true
  • #20,199
  • Dec 4, 2014 8:06am Dec 4, 2014 8:06am
i couldnt catch if he said anything that effects gold prices, anyone did ?
  • #20,200
  • Dec 4, 2014 8:07am Dec 4, 2014 8:07am
Quoting ClockTrader
Now lets give it an hr or two.. to see how it plays out :-)
Might even take longer. Many traders could be waiting for tomorrow's NFP
"The market can remain irrational longer than you can remain solvent"
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