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  • #21,661
  • Jan 20, 2015 10:48am Jan 20, 2015 10:48am
Quoting Ck87
{quote} 1320 would be excellent level to short , 1296 was clearly the next stop after 1292.. then it's 1306ish 1311 and 1321
Mate,

I don't know about levels.. I got cycles & waves to follow.. On the technical side, it appears a HUGE Pin Bar on H4 will appear.. within a week or so.. & I just hope that is good for months to come..
Hello World!
  • #21,662
  • Jan 20, 2015 10:52am Jan 20, 2015 10:52am
Quoting ClockTrader
{quote} Mate, I don't know about levels.. I got cycles & waves to follow.. On the technical side, it appears a HUGE Pin Bar on H4 will appear.. within a week or so.. & I just hope that is good for months to come..
I hear ya,... and yeah it's coming.. Momentum is just too strong right now.
  • #21,663
  • Jan 20, 2015 10:56am Jan 20, 2015 10:56am
the entire world has started buying gold like headless chickens... just like they did it with US dollar. few months later dolar declined agains major currencies, despite the good data. this happend with GBP/USD EUR/USD and now with gold. think about it... how long will it take before market makers will pull the price to the other side? that is if no crisis happens

take a look at monthly chart and see the january candles. do you notice how market turns around most of the time? i am not implying that a bearish wave is coming but. i always tend to look for both sides. Please remember that we are traders not investors. you shouldnt have a bias, you should have biasses. cheershttps://charts.mql5.com/6/773/gold-m...services-2.png
  • #21,664
  • Jan 20, 2015 11:12am Jan 20, 2015 11:12am
As someone expecting a big down move coming soon.. I love to see bullish %% going higher as price goes higher....... Closer to a big top ... I'm sure they'll go for the 1300 stops sooner or later.
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  • #21,665
  • Jan 20, 2015 11:28am Jan 20, 2015 11:28am
Hello everybody. There are no chances for going short in the future( except of small retracements). The big bull just showed you its power already. We are not sitting on the peak! if yes - the peak is very high - almost 100 pips from the calls you were shouting ( 1220 , 1250,1260,1270 and 1.300 short,short,short ,and the price is still climbing up) Think it over. People just started buying gold now. At it is just a beginning.
  • #21,666
  • Jan 20, 2015 12:03pm Jan 20, 2015 12:03pm
IMHO, MACD is showing me divergence into bear from 15mins chart to 4H chart.

Im sticking to Short till my Stop loss is hit at 1302.

short position

1289
1291
1296

If today price close below 1290, we have a chance for bear to be back, or else it should be ranging for the rest of the week.

Just my 2cents
  • #21,667
  • Jan 20, 2015 12:20pm Jan 20, 2015 12:20pm
Just dont get it - dollar index is going up and gold is going up as well. Strange
  • #21,668
  • Edited 6:08pm Jan 20, 2015 12:28pm | Edited 6:08pm
I think the rally in gold continues higher this time. Previously the rallies failed because they were based mostly on traders/funds trying to catch a bottom and the US$ got stronger. This time I think the rally is based on "real" fundamentals. Europe is starting to look more problematic to many. Swiss pulled the peg as they were buying large amounts of the euro & taking big losses. They lost confidence that the slide would stop & knew they couldn't buy enough to stop the fall. I think the most they'll get is a very small rally in the euro before the next fall. The fall will create more fear in the euro so more buying of gold.
Just my opinion :-)
  • #21,669
  • Jan 20, 2015 1:16pm Jan 20, 2015 1:16pm
Gold going down to 1276? or below? from here
  • #21,670
  • Jan 20, 2015 1:28pm Jan 20, 2015 1:28pm
Long from 1290 has survived today.

I have been shorting oil recently also and had a nice drop on there which has put me in front quite nicely. Holding onto my oil shorts and gold longs for another day to see where PA takes it. Would be nice to see a close above 1300 tomorrow.
To live a successful life, we must lose our fear of being wrong
  • #21,671
  • Jan 20, 2015 1:38pm Jan 20, 2015 1:38pm
We're so close to the top,, I can smell the blood.
  • #21,672
  • Jan 20, 2015 1:47pm Jan 20, 2015 1:47pm
waiting for sell setup on GOLD.

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Reaction is better than Prediction
  • #21,673
  • Jan 20, 2015 2:09pm Jan 20, 2015 2:09pm
ONE QUESTION TO THE PEOPLE WHO THINK SHORT: do you see any bear on the chart? Any sign which make you think SHORT?
  • #21,674
  • Jan 20, 2015 2:14pm Jan 20, 2015 2:14pm
hi eatpips bro

i am seeing it to reach at least 1320-1330
Chart :

https://www.tradingview.com/x/pO9WfAVx/
https://www.tradingview.com/v/YvvFwlTx/


Quoting EatPIPs
Long from 1290 has survived today. I have been shorting oil recently also and had a nice drop on there which has put me in front quite nicely. Holding onto my oil shorts and gold longs for another day to see where PA takes it. Would be nice to see a close above 1300 tomorrow.
  • #21,675
  • Jan 20, 2015 2:59pm Jan 20, 2015 2:59pm
Quoting draghiquinn
ONE QUESTION TO THE PEOPLE WHO THINK SHORT: do you see any bear on the chart? Any sign which make you think SHORT?
Not necessarily right at this moment, but high probability that is topping out very soon, as in coming days.
  • #21,676
  • Jan 20, 2015 3:10pm Jan 20, 2015 3:10pm
Quoting draghiquinn
Just dont get it - dollar index is going up and gold is going up as well. Strange
Not so strange. Economies is slowing around the world, just look at stocks and copper, crisis is coming so gold is nervousness indicator. So money goes to USA treasuries and gold... And they grow together...
  • #21,677
  • Jan 20, 2015 3:11pm Jan 20, 2015 3:11pm
Quoting vaidas7777
{quote} Not so strange. Economies is slowing around the world, just look at stocks and copper, crisis is coming so gold is nervousness indicator. So money goes to USA treasuries and gold... And they grow together...
Crisis isn't necessarily coming though.
  • #21,678
  • Jan 20, 2015 3:17pm Jan 20, 2015 3:17pm
Well one millionaire told a secret, he said wach out then copper and stocks decline together for 2 weeks, then there is a big possibility...
P.S He runs his own fund of 20 mio dollars and gets also investors...
  • #21,679
  • Jan 20, 2015 3:25pm Jan 20, 2015 3:25pm
Quoting Ck87
{quote} Not necessarily right at this moment, but high probability that is topping out very soon, as in coming days.
Attached Image


ReAl MoDe: ON
  • #21,680
  • Jan 20, 2015 3:31pm Jan 20, 2015 3:31pm
I'm from Poland. Since few days, there is rise in russia activity, near Ukraine border line. Few hours ago our media tell us, that russian army cross today border line with ukraine.
War = gold rise.
I hope it's false alarm and I'm wrong.
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