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  • #20,481
  • Dec 11, 2014 6:59am Dec 11, 2014 6:59am
I Think the Gold prices are coming down to 1208 soon.
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  • #20,482
  • Dec 11, 2014 7:03am Dec 11, 2014 7:03am
1220 is very well protected
  • #20,483
  • Dec 11, 2014 7:13am Dec 11, 2014 7:13am
Quoting letscry
1220 is very well protected
it was already at 1217.56, hopefully it will retest again
  • #20,484
  • Dec 11, 2014 7:14am Dec 11, 2014 7:14am
Quoting RomanBubenik
{quote} it was already at 1217.56, hopefully it will retest again
i hope to see 1215 and 1208 but really weird volüme atm we have.
  • #20,485
  • Dec 11, 2014 7:26am Dec 11, 2014 7:26am
@1222

Testing shorts with SL @ 1227-30

PS: Trading light..
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  • #20,486
  • Dec 11, 2014 7:35am Dec 11, 2014 7:35am
Quoting ClockTrader
@1222 Testing shorts with SL @ 1227-30 PS: Trading light..
5 min before news.. I go short.. at least this is so well aligned with the news ... OMG.. I don't trade news.. though.. yet.. whatever.. I mean.. I'm really loving this..
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  • #20,487
  • Dec 11, 2014 7:37am Dec 11, 2014 7:37am
With such strong data, Still struggle to break below 1220 and H4 volume seem like bear is not really that strong but still decide to hold my short but modify SL from 1240 to 1228, Tp 1206.
  • #20,488
  • Dec 11, 2014 7:44am Dec 11, 2014 7:44am
Quoting ckwong622
With such strong data, Still struggle to break below 1220 and H4 volume seem like bear is not really that strong but still decide to hold my short but modify SL from 1240 to 1228, Tp 1206.
IF this falls bad, its gonna bounce as well IMO.. with that said.. I expect bears to continue to run the show.. this will get interesting once (if) prices goes below 1200
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  • #20,489
  • Dec 11, 2014 7:56am Dec 11, 2014 7:56am
Quoting ClockTrader
{quote} IF this falls bad, its gonna bounce as well IMO.. with that said.. I expect bears to continue to run the show.. this will get interesting once (if) prices goes below 1200
True. Agree with You.I still believe we can see new LL in very soon maybe nx FOMC. Btw, I'm new to new and i go through this thread and I realize ur posts is very useful and would like to thank for the sharing.
  • #20,490
  • Dec 11, 2014 8:09am Dec 11, 2014 8:09am
In several cautious shorts. Expect a slight bounce to 1220, and then will add more.
"The market can remain irrational longer than you can remain solvent"
  • #20,491
  • Edited 8:27am Dec 11, 2014 8:17am | Edited 8:27am
Quoting ClockTrader
{quote} The price will continue to decline.. IMHO..
may be but hope not without test the previous top or 1240 even breaks 1209, 1184 1142, all limits at down . confirmation down with only breaks the previous LOW . may another week or rest of the year play in this ranges .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #20,492
  • Dec 11, 2014 8:58am Dec 11, 2014 8:58am
Quoting ckwong622
{quote} True. Agree with You.I still believe we can see new LL in very soon maybe nx FOMC. Btw, I'm new to new and i go through this thread and I realize ur posts is very useful and would like to thank for the sharing.
You are welcome mate!
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  • #20,493
  • Dec 11, 2014 9:00am Dec 11, 2014 9:00am
Quoting fontu
{quote} may be but hope not without test the previous top or 1240 even breaks 1209, 1184 1142, all limits at down . confirmation down with only breaks the previous LOW . may another week or rest of the year play in this ranges . fontu {image} {image}
I don't think its going back to 1240, not even 1227-30 IMO

Going forward, they'll utilize the weekend to their advantage.. this time to bring the price down & next week lower & lower.. IF I'm wrong, I'm prepared to take loss.
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  • #20,494
  • Dec 11, 2014 9:05am Dec 11, 2014 9:05am
Quoting anton.olff
In several cautious shorts. Expect a slight bounce to 1220, and then will add more.
IF patterns are right 1219 may be the new top.. Lets see..

Its kinda erratic by far.. we need a free fall.. maybe tomorrow and / or next week..
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  • #20,495
  • Dec 11, 2014 9:26am Dec 11, 2014 9:26am
Quoting ClockTrader
{quote} I don't think its going back to 1240, not even 1227-30 IMO Going forward, they'll utilize the weekend to their advantage.. this time to bring the price down & next week lower & lower.. IF I'm wrong, I'm prepared to take loss.
I think we could see a huge selloff next week after Fed meeting, especially if they alter their forward guidance and/or remove some of the current language from their statements. With deflation, ECB not likely to do much of anything, and Fed more than likely to "normalize" interest rates, I see gold making new lows in first quarter of 2015.
"The market can remain irrational longer than you can remain solvent"
  • #20,496
  • Dec 11, 2014 9:33am Dec 11, 2014 9:33am
Quoting ClockTrader
{quote} IF patterns are right 1219 may be the new top.. Lets see.. Its kinda erratic by far.. we need a free fall.. maybe tomorrow and / or next week..
View went wrong! Safe MM does help..
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  • #20,497
  • Dec 11, 2014 9:34am Dec 11, 2014 9:34am
I am thinking Greek crisis is driving price action up
"The market can remain irrational longer than you can remain solvent"
  • #20,498
  • Dec 11, 2014 9:37am Dec 11, 2014 9:37am
omg this 1225 tries, i am really getting bored a lot.
  • #20,499
  • Dec 11, 2014 9:38am Dec 11, 2014 9:38am
what the hell? 5 min and gold 10 points up? what did that, any idea?
  • #20,500
  • Dec 11, 2014 9:38am Dec 11, 2014 9:38am
Quoting ClockTrader
{quote} View went wrong! Safe MM does help..
was busy watching a movie (chronicle) & missed these moves.. How could I be so careless :-(
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