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Only Gold!

  • #21,561
  • Jan 16, 2015 5:23pm Jan 16, 2015 5:23pm
This is all you need to know, forget your VVSA crap that never works, many newbs on here aren't looking at the real chart, this one:

https://www.tradingview.com/x/GbiCuBsX/

1500-1600 coming, break out confirmed this week with a test
  • #21,562
  • Jan 16, 2015 6:43pm Jan 16, 2015 6:43pm
Quoting Stockman
This is all you need to know, forget your VVSA crap that never works, many newbs on here aren't looking at the real chart, this one: https://www.tradingview.com/x/GbiCuBsX/ 1500-1600 coming, break out confirmed this week with a test
You seem like a nice guy. Would you KINDLY tell me what "VVSA" crap is...I don't know the acronym.
That's a nice. clean. simple chart you posted. You gave your view...so.. here is mine. I like PMs but there is down side and a lot of it yet to fill, my forecast is gold will move up next week to 1294 and maybe 1304 and that is the top for 2015. Currently we are experiencing a normal range of retracement...nothing more...no trend reversal. The targets to the down side are 1104 and sub 1000. I believe we will see these numbers before we see the numbers you quoted.

Best wishes for 2015
I may not be right...BUT, I am never wrong
  • #21,563
  • Jan 17, 2015 1:53am Jan 17, 2015 1:53am
here is my guessing, daily chart

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  • #21,564
  • Jan 17, 2015 2:02am Jan 17, 2015 2:02am
and monthly prediction

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  • #21,565
  • Jan 17, 2015 7:11am Jan 17, 2015 7:11am
Quoting Stockman
This is all you need to know, forget your VVSA crap that never works, many newbs on here aren't looking at the real chart, this one: https://www.tradingview.com/x/GbiCuBsX/ 1500-1600 coming, break out confirmed this week with a test
No offense. You simply post a chart and claimed that VVSA is crap that never works?
IF you do take a long position and hold it to 1500 . It's good for you
But u think the price will rally to 1500 without any resistance or retracement? I seriously doubt it will happen.
We can always add long/short position with VVSA based on different TF and still manage to earn money along the way.
  • #21,566
  • Jan 18, 2015 3:37am Jan 18, 2015 3:37am
Quoting Stockman
This is all you need to know, forget your VVSA crap that never works, many newbs on here aren't looking at the real chart, this one: https://www.tradingview.com/x/GbiCuBsX/ 1500-1600 coming, break out confirmed this week with a test
Your chart looks good, but, the key question is that will you be around with your call? Going forward? will you be here? Read this thread backward from here.. I have seen hundreds of members who disappear in no time after making tall claims..

You may be right, then again right & then wrong.. & right / wrong.. this carries on.. we are here to share our views.. My question to you would remain here ..

Going forward? will you be present here with your previous call?
Hello World!
  • #21,567
  • Jan 18, 2015 4:24am Jan 18, 2015 4:24am
I'm wrong 95% of the time...so chances are, I'll be wrong again...LMAO
  • #21,568
  • Jan 18, 2015 7:04am Jan 18, 2015 7:04am
Quoting Stockman
I'm wrong 95% of the time...so chances are, I'll be wrong again...LMAO
You can laugh off like that.. no issues.. regardless of that.. my point is that.. will you be around?

If everyone who posted here.. was really serious as he appeared in his posts.... Do I need to say more?

Most people post here for fun.. sometimes just let a vent off...

That's why I always say.. trade your money light & safe with your strategy.. don't get swayed by other's views here (incl. mine)
Hello World!
  • #21,569
  • Jan 18, 2015 5:31pm Jan 18, 2015 5:31pm
I'm really glad to see people calling for 1500 gold. This current move is so over done it's actually funny. Those who rode it up this far should be proud of themselves and I'm happy for you. But don't bee surprised if gold is under $1200 a month from now. I will add to shorts on good set ups all the way down there. Maybe I'm wrong and it rallies huge, wouldn't be the first time and it won't be the last time. Good luck and good decision making this week m8s.
  • #21,570
  • Jan 18, 2015 6:40pm Jan 18, 2015 6:40pm
Oh So Bearish.
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  • #21,571
  • Jan 18, 2015 7:06pm Jan 18, 2015 7:06pm
Quoting Ck87
Oh So Bearish. {image}
I don't know how to interpret inchimoku cloud well so I can't judge from this point of view.
However, from moving averages and volume point of view, I can't agree bear is about to strike when all candles are staying above all moving averages with high volumes. More importantly, it has just began to stay above the pink color moving average (i suppose is 250ma) which is the sign of strong uptrend.
  • #21,572
  • Jan 18, 2015 8:00pm Jan 18, 2015 8:00pm
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IMO,I see a Double top at H1 TF and strong supply at 1283 at H4 TF. Gonna wait for London Session open before enter any position. But so far , it's a pretty good setup for sell.
  • #21,573
  • Jan 18, 2015 8:44pm Jan 18, 2015 8:44pm
Quoting ckwong622
{image} IMO,I see a Double top at H1 TF and strong supply at 1283 at H4 TF. Gonna wait for London Session open before enter any position. But so far , it's a pretty good setup for sell.
Sorry if I sound against you. I actually do not mean it as I don't have any position in gold now.
Just speaking plainly from the H1 chart you have posted, I don't think that is double tops.
In fact it is higher top and supported by the white indicator.
Still no bear signal imo but that is H1 chart, things may change quickly. No one knows for sure. Cheers
  • #21,574
  • Jan 18, 2015 8:48pm Jan 18, 2015 8:48pm
Quoting TotallNewbie
{quote} I don't know how to interpret inchimoku cloud well so I can't judge from this point of view. However, from moving averages and volume point of view, I can't agree bear is about to strike when all candles are staying above all moving averages with high volumes. More importantly, it has just began to stay above the pink color moving average (i suppose is 250ma) which is the sign of strong uptrend.
200 ema And I should have erased all the indicators other than VSA because that's what I'm talking about here. Volume is very bearish. I also use momentum indicators and they are way overbought now on daily and even the weekly has got to come down. Of course gold can just go into a huge uptrend now but that's very doubtful IMO.
  • #21,575
  • Jan 18, 2015 8:57pm Jan 18, 2015 8:57pm
By NY morning we should get a clear clue IMO..
Hello World!
  • #21,576
  • Jan 18, 2015 9:08pm Jan 18, 2015 9:08pm
Quoting TotallNewbie
{quote} Sorry if I sound against you. I actually do not mean it as I don't have any position in gold now. Just speaking plainly from the H1 chart you have posted, I don't think that is double tops. In fact it is higher top and supported by the white indicator. Still no bear signal imo but that is H1 chart, things may change quickly. No one knows for sure. Cheers
Yes, I'm agree with you about the bull is supported by the kijun-sen. That's why i didn't enter any sell position atm. From my view, this bull is over extended and I just don't think it can rally to 1300 now without retracement and I believe we will retest 1255 area first before it can goes higher or lower. Right now, I just gonna be patient and wait for more convincing bear signal to appear before enter any postion. Well, It's just my thought.
All the best for you.
  • #21,577
  • Jan 18, 2015 9:13pm Jan 18, 2015 9:13pm
Quoting ClockTrader
By NY morning we should get a clear clue IMO..
Agree. But I'm just gonna stay aside and wait until London session
  • #21,578
  • Jan 18, 2015 9:17pm Jan 18, 2015 9:17pm
Quoting Ck87
{quote} 200 ema And I should have erased all the indicators other than VSA because that's what I'm talking about here. Volume is very bearish. I also use momentum indicators and they are way overbought now on daily and even the weekly has got to come down. Of course gold can just go into a huge uptrend now but that's very doubtful IMO.
Ok I see. Of course gold won't just go uptrend without retrace/consolidation. Different indicators can be useful in different situations. Your VSA could be more sensitive to these changes. It may retrace or side way for a few days but in longer term I think gold will go higher as long as the price didn't retrace and stay below your 200ema.

Note: My view is based on longer term since you have posted a daily chart. Long entry here is not so recommended.
  • #21,579
  • Jan 19, 2015 12:33am Jan 19, 2015 12:33am
there is a classical bullish DV on weekly chart and 1280 -1285 is critical zone to turn it on
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making triangle flag lead to aggressive swing usually if break up the zone easily touch 1340 (200 E MV on weekly chart) but down is possible too!!!
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  • #21,580
  • Jan 19, 2015 12:55am Jan 19, 2015 12:55am
Today consolidation for Gold, bearish to 1270 or more...
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