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Only Gold!

  • #21,061
  • Jan 5, 2015 1:57pm Jan 5, 2015 1:57pm
Quoting ClockTrader
{quote} The shorts have survived.. Hope some gains tomorrow..
Hi.

what are the reasons behind it? why do you think bears survived?

Thanks
  • #21,062
  • Jan 5, 2015 7:03pm Jan 5, 2015 7:03pm
Hi All,
I'm still holding my long from 1193.25, targeting 1213.33. Hope I'm right.
Green pips to all.. amen..
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  • #21,063
  • Jan 5, 2015 7:37pm Jan 5, 2015 7:37pm
Quoting berda
Hi All, I'm still holding my long from 1193.25, targeting 1213.33. Hope I'm right. Green pips to all.. amen.. {image}
I hope you're wrong, considering I opened a short at 1187.75
Money never sleeps.
  • #21,064
  • Jan 5, 2015 10:27pm Jan 5, 2015 10:27pm
@ 1207, took loss from the test shorts..
Hello World!
  • #21,065
  • Jan 5, 2015 10:34pm Jan 5, 2015 10:34pm
Quoting derict
{quote} CT, its going up again ...
Yea, mate it is..

Quoting anton.olff
{quote} Yes, I am with you on the too early part. With all the turmoil as a result of the EUR, I think we could see a rise to 1210 area before a sharp turnaround.
You may be right my friend.. But, for now, I'll sit on sidelines for a while..
Hello World!
  • #21,066
  • Jan 5, 2015 10:36pm Jan 5, 2015 10:36pm
Quoting NWGstudent
{quote} Hi. what are the reasons behind it? why do you think bears survived? Thanks
Although Golden seasons from June to Jan were a disaster.. but.. 30 yr.. trend says price peaks out in Jan.. & is supposedly worth buying in June..

Given the seasonal months.. its supposed to be Bullish in Dec-Jan.. IMO, its the seasonal bullishness which is in play..
Hello World!
  • #21,067
  • Jan 5, 2015 11:09pm Jan 5, 2015 11:09pm
Quoting ClockTrader
{quote} Although Golden seasons from June to Jan were a disaster.. but.. 30 yr.. trend says price peaks out in Jan.. & is supposedly worth buying in June.. Given the seasonal months.. its supposed to be Bullish in Dec-Jan.. IMO, its the seasonal bullishness which is in play..
With that said..

Going forward, if one could grab a top to short from.. possibly after a HUGE peakout on H1.. such peak could serve entire season until June-August at least..
Hello World!
  • #21,068
  • Jan 5, 2015 11:15pm Jan 5, 2015 11:15pm
Quoting ClockTrader
{quote} With that said.. Going forward, if one could grab a top to short from.. possibly after a HUGE peakout on H1.. such peak could serve entire season until June-August at least..
Thanks for this info! Very interesting! Yes I'll stay sideline to watch it play... Let's enter when there is a bigger significant signal
  • #21,069
  • Jan 5, 2015 11:32pm Jan 5, 2015 11:32pm
Gold still bullish, my analysis today lick wounds to 1215. After that consolidation bearish to 1205
  • #21,070
  • Jan 5, 2015 11:35pm Jan 5, 2015 11:35pm
I Like it,
Quoting berda
Hi All, I'm still holding my long from 1193.25, targeting 1213.33. Hope I'm right. Green pips to all.. amen.. {image}
  • #21,071
  • Jan 6, 2015 12:44am Jan 6, 2015 12:44am
Gold prices are testing imp. short-term resistance, a break can trigger up-move till $1225. On the downside, $1195 & $1180 are imp. supports.
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  • #21,072
  • Jan 6, 2015 1:52am Jan 6, 2015 1:52am
Quoting berda
Hi All, I'm still holding my long from 1193.25, targeting 1213.33. Hope I'm right. Green pips to all.. amen.. {image}
Glad someone is making money..
Hello World!
  • #21,073
  • Jan 6, 2015 3:14am Jan 6, 2015 3:14am
testing previous highs, if 1214.5 break i wouldnt be suprised if we have 1223 in sight.

Currently no positions, closed shorts from 1206@1209
  • #21,074
  • Jan 6, 2015 3:23am Jan 6, 2015 3:23am
Quoting Voro
{quote} I hope you're wrong, considering I opened a short at 1187.75
Hi mate, I think I'm right this time
Green pips to all... amen..
  • #21,075
  • Jan 6, 2015 3:54am Jan 6, 2015 3:54am
http://harmonicelliottwave.blogspot.com/
Weekly Outlook for GOLD

Cheers, U2
Wait, or you will be slaughtered!
  • #21,076
  • Jan 6, 2015 4:20am Jan 6, 2015 4:20am
I see distribution phase on m15,m5 expecting spike up, gone long with tp 1223 but tight sl in case HFT gone mad.
Mining gold
  • #21,077
  • Jan 6, 2015 4:23am Jan 6, 2015 4:23am
Quoting TriLLi
I see distribution phase on m15,m5 expecting spike up, gone long with tp 1223 but tight sl in case HFT gone mad.
Looking to short a spike in case it happens. Too risky to long at the highs here
COT: The precious data ignored
  • #21,078
  • Jan 6, 2015 5:24am Jan 6, 2015 5:24am
Quoting kuroro001
{quote} Looking to short a spike in case it happens. Too risky to long at the highs here
Agree with you, i'm also looking for short gold in lower TF with a tight SL. H1 candlestick pattern seem like worth to take a risk to jump on short GOLD.
  • #21,079
  • Jan 6, 2015 6:08am Jan 6, 2015 6:08am
Quoting ckwong622
{quote} Agree with you, i'm also looking for short gold in lower TF with a tight SL. H1 candlestick pattern seem like worth to take a risk to jump on short GOLD.
I'll wait spike up over 1215 to short, now just watching.
Mining gold
  • #21,080
  • Jan 6, 2015 6:23am Jan 6, 2015 6:23am
Quoting Fx_Anil
Gold prices are testing imp. short-term resistance, a break can trigger up-move till $1225. On the downside, $1195 & $1180 are imp. supports. {image}
Good analysis
Slow & Steady win the race
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