Only Gold! | Page 1070 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Journal (only my take) 433 replies

Trading gold and silver only 59 replies

An idea for building wealth...using only gold 9 replies

GOLD traders only 90 replies

Attachments: Only Gold!
Exit Attachments

Only Gold!

  • #21,381
  • Jan 14, 2015 9:29am Jan 14, 2015 9:29am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
I am amazed how weak the bull muscles are - they could have done better with all the bad US Data coming out. Poor bull performance.

Let's see how bears will rush in and do the bang bang...or on a lighter note I would say, Gang Bang...



KAH
  • #21,382
  • Jan 14, 2015 9:33am Jan 14, 2015 9:33am
Quoting Kah
I am amazed how weak the bull muscles are - they could have done better with all the bad US Data coming out. Poor bull performance. Let's see how bears will rush in and do the bang bang...or on a lighter note I would say, Gang Bang... KAH

Let see and hope for the best... desperate to see it below $1226 today
  • #21,383
  • Jan 14, 2015 9:34am Jan 14, 2015 9:34am
Quoting Kah
I am amazed how weak the bull muscles are - they could have done better with all the bad US Data coming out. Poor bull performance. Let's see how bears will rush in and do the bang bang...or on a lighter note I would say, Gang Bang... KAH
I'll still short rallies for 1212/14 for now. Then reevaluate. But the higher, the better to short
COT: The precious data ignored
  • #21,384
  • Jan 14, 2015 9:40am Jan 14, 2015 9:40am
One thing that makes me uncomfortable shorting here is the US market still looks weak and I don't think the weakness is done yet , which in turn can cause a gold rally to continue. So not only do I think 1250 can get hit, but possibly higher. Oh well, we'll see.
With that said it's completely possible the market has bottomed and Gold has topped. Wish you all the best.
  • #21,385
  • Jan 14, 2015 9:48am Jan 14, 2015 9:48am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
Not at all impressed by the bulls - I think even they are running short of confidence or money

Don't know why they can't pull this thing up like the way it is supposed to be picked up
  • #21,386
  • Jan 14, 2015 9:57am Jan 14, 2015 9:57am
Quoting Kah
Not at all impressed by the bulls - I think even they are running short of confidence or money Don't know why they can't pull this thing up like the way it is supposed to be picked up
Quoting Kah
I am amazed how weak the bull muscles are - they could have done better with all the bad US Data coming out. Poor bull performance. Let's see how bears will rush in and do the bang bang...or on a lighter note I would say, Gang Bang... KAH
By Friday closing, we should be seeing the price somewhere between 1250-60 IMO
Hello World!
  • #21,387
  • Jan 14, 2015 9:59am Jan 14, 2015 9:59am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
USDX picking up again - good signs coming through, volumes are extremely bearish...are we getting to a point where all ingredients are getting in place for a perfect 'fall meal'?

KAH
  • #21,388
  • Jan 14, 2015 10:03am Jan 14, 2015 10:03am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
Quoting ClockTrader
{quote} {quote} By Friday closing, we should be seeing the price somewhere between 1250-60 IMO
I beg to differ on that.

May be, you are right - but I am still not convinced, overall setup is not convincing me for those levels.

KAH
  • #21,389
  • Jan 14, 2015 10:10am Jan 14, 2015 10:10am
highest M15 volume, price still over it, so would not call this bearish, of course there was sellers at last top.
we`ll see

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 28 KB
  • #21,390
  • Jan 14, 2015 10:24am Jan 14, 2015 10:24am
Quoting Kah
{quote} I beg to differ on that. May be, you are right - but I am still not convinced, overall setup is not convincing me for those levels. KAH
Yea, I maybe wrong, no big deal.. this may be the peak.. maybe the price goes even higher & kisses 1265-70 range..

Like I say, nobody here can be 100% sure.. all that we can do is speculate..
Hello World!
  • #21,391
  • Jan 14, 2015 10:44am Jan 14, 2015 10:44am
seems bullish enough,
not good for entry though
  • #21,392
  • Jan 14, 2015 10:47am Jan 14, 2015 10:47am
the bulls spiked price up like i thought. after the bad us retail sales the market went up till 1246. if you look at the charts, you will see that the bears showed their teeth meaning, they dont want the price to go higher than that regardless of the bad data.

i think that the bears are waiting for a US sentiment change. when most of the world start thinking that US might not be in a good shape, market makers might start going the opposite direction. that is of cource if bulls let them.

despite all this, i believe that the markets participants are changing. since december.. markets became very... trending. be careful for the coming months guys. i think something big is about to happen.
https://charts.mql5.com/6/718/gold-h...l-services.png
  • #21,393
  • Jan 14, 2015 11:02am Jan 14, 2015 11:02am
Done with my test shorts.. happy with chiller profit..
Hello World!
  • #21,394
  • Jan 14, 2015 11:29am Jan 14, 2015 11:29am
Quoting juhanimi
{quote} I don`t know if that means something, but there is some kind of bullish divergence at monthly chart. {image}
this is extremely bullish...
after everyone will be convinced to be bearish

$$$$$$$$$$$
the approximate present does not approximately determine the future
  • #21,395
  • Edited 1:05pm Jan 14, 2015 12:39pm | Edited 1:05pm
Bearish daily volume candle on Gold! This is starting to look really, really bearish. Two days in a row now price has fallen just short of 200 EMA as well..... fireworks coming soon. I'm super bearish up here, but still not short yet. Perhaps should start shorting in very small amounts and welcome a push to 1250 if it comes. I expect the next down move to take us down to $1100 or so, so there will be plenty of opportunities to make money on it going down, do not need to get in on the top, but it is always nice having some near top entries to put break even SL and let it ride..
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-01-14 at 12.05.30 PM.png Size: 81 KB
  • #21,396
  • Jan 14, 2015 2:03pm Jan 14, 2015 2:03pm
almost identical candles, us session yesterday and today

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 34 KB
  • #21,397
  • Jan 14, 2015 3:37pm Jan 14, 2015 3:37pm
Buying here looking for 1250s over next 48 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-01-14 at 21.35.06.png Size: 95 KB
To live a successful life, we must lose our fear of being wrong
  • #21,398
  • Jan 14, 2015 3:48pm Jan 14, 2015 3:48pm
Quoting EatPIPs
Buying here looking for 1250s over next 48 hours. {image}
Did the same some mins ago when it was at 1229, TP is 1254 here, then I'll maybe start selling
  • #21,399
  • Jan 14, 2015 4:14pm Jan 14, 2015 4:14pm
Has the time for bears arrived? see those patterns and judge yourself.

1HR
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB


Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 36 KB
  • #21,400
  • Jan 14, 2015 4:17pm Jan 14, 2015 4:17pm
I think it has. I'm already in at 1230.35
8 traders viewing now