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Only Gold!

  • #24,221
  • Mar 5, 2015 11:29am Mar 5, 2015 11:29am
Quoting actorial
Just closed all my shorts in green as Im worry for the double bottom showing in Daily Chart. Sell from 1221 1220 1218 1219 1216 1212 Closed all position @ 1203 Opened Buying position now as to support the buying signal im seeing. Long @ 1203 SL @ 1192 TP @ 1237

Current Long position

1200
1201
1202
1203

TP = 1237
SL = 1190

Reason :

- Daily chart double bottom
- Feb 23/24 show buyers are parking around this area
  • #24,222
  • Mar 5, 2015 12:36pm Mar 5, 2015 12:36pm
Short below 1203 was a no brainer.

Still looking to buy dips lower
COT: The precious data ignored
  • #24,223
  • Mar 5, 2015 2:39pm Mar 5, 2015 2:39pm
Outlook for tomorrow's NFP

Price might went down to 1195 or lower n a long white candle possibly up to 1226(minimum)
  • #24,224
  • Mar 5, 2015 8:16pm Mar 5, 2015 8:16pm
My Long trap @1209 hope price will be bounce up
  • #24,225
  • Mar 5, 2015 10:06pm Mar 5, 2015 10:06pm
Quoting mahooo
My Long trap @1209 hope price will be bounce up
What if it goes down? Where is your SL?
Hello World!
  • #24,226
  • Mar 5, 2015 10:10pm Mar 5, 2015 10:10pm
Quoting ClockTrader
{quote} What if it goes down? Where is your SL?
Hello CT. I used Cut Loss not SL
  • #24,227
  • Mar 5, 2015 10:32pm Mar 5, 2015 10:32pm
Quoting mahooo
{quote} Hello CT. I used Cut Loss not SL
I hope your MM is in place, wish you good luck!
Hello World!
  • #24,228
  • Mar 5, 2015 10:47pm Mar 5, 2015 10:47pm
Quoting ClockTrader
{quote} I hope your MM is in place, wish you good luck!
Thank's Bro. Good Luck too
  • #24,229
  • Mar 6, 2015 3:04am Mar 6, 2015 3:04am
Finally, at least silver broke down!! Caught some pips )
Gold still holding
  • #24,230
  • Mar 6, 2015 3:24am Mar 6, 2015 3:24am
Broke 1195, next is 1190 and 1182/83.

Lets see if some buyers are around.
COT: The precious data ignored
  • #24,231
  • Mar 6, 2015 3:30am Mar 6, 2015 3:30am
Gold may break down to 1187 tonight before strong rallying
One Punch, One Kill
  • #24,232
  • Mar 6, 2015 3:53am Mar 6, 2015 3:53am
Quoting KeroroQ
Gold may break down to 1187 tonight before strong rallying
Most likely deeper...to 1182/3 before a new wave (up or down) happens

EU at the very lows, UJ at the top. It doesn't let a lot of space for NFP move. So it could reverse and bring Gold up
COT: The precious data ignored
  • #24,233
  • Mar 6, 2015 6:14am Mar 6, 2015 6:14am
Good Afternoon!

Today's S/R Levels on MT4 Templates

EURO
CABLE
USDJPY
GOLD

http://www.forexfactory.com/showthre...10#post8116210

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #24,234
  • Mar 6, 2015 7:36am Mar 6, 2015 7:36am
1182/1183 reached, decisive point now
COT: The precious data ignored
  • #24,235
  • Mar 6, 2015 7:58am Mar 6, 2015 7:58am
Quoting kuroro001
1182/1183 reached, decisive point now
As with the last NFP, I was in the wrong direction. Took the loss and make profits for day/week. Same deal today, though I think gold PA could run a bit deeper if it breaks 1180 support level.
"The market can remain irrational longer than you can remain solvent"
  • #24,236
  • Mar 6, 2015 8:00am Mar 6, 2015 8:00am
Quoting anton.olff
{quote} As with the last NFP, I was in the wrong direction. Took the loss and make profits for day/week. Same deal today, though I think gold PA could run a bit deeper if it breaks 1180 support level.
Yes it could be a disaster for bulls. It already is

All i read on this forum was bulls...and i read Hedged funds were strongly bulls too, what a joke

To me 1182/83 is the key for a break up or down

Above is for 1250/60
Below is for yearly lows

A bounce in Dollar is due anyway, Gold could go up soon. I'll bet on a rise soon
COT: The precious data ignored
  • #24,237
  • Mar 6, 2015 8:01am Mar 6, 2015 8:01am
Quoting kuroro001
1182/1183 reached, decisive point now
I think all the irrational move this week is preparing for gold big fall.. will watch...
  • #24,238
  • Mar 6, 2015 8:02am Mar 6, 2015 8:02am
its going lower than 1182 .. whats next ??

Btw, long time didn't see any posting by Mikajap?
  • #24,239
  • Mar 6, 2015 8:07am Mar 6, 2015 8:07am
cmon....go south!! ...so we can enter L
  • #24,240
  • Mar 6, 2015 8:15am Mar 6, 2015 8:15am
Quoting kuroro001
{quote} Yes it could be a disaster for bulls. It already is All i read on this forum was bulls...and i read Hedged funds were strongly bulls too, what a joke To me 1182/83 is the key for a break up or down Above is for 1250/60 Below is for yearly lows A bounce in Dollar is due anyway, Gold could go up soon. I'll bet on a rise soon

Do you think the rise will result from the gains the dollar has made? Perhaps a bit of covering/hedging? I am cautious right now as the range is still rather tight.
"The market can remain irrational longer than you can remain solvent"
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