50% of Box Range shows support at 42110

Gold with No Drama

Last 3 month Dec contract High / Low Boxed on Weekly chart.

Gold with No Drama

...the old saying ' nothing keeps on going higher for ever ' springs to mind . Perhaps add a filter into your algo to stop trading once slippage goes to a certain level ?

Gold with No Drama

...anyone to ride the last NYclose ?

Gold with No Drama

Perfect , thank you

Gold with No Drama

...the playbook used to run against traders (novices and those that do not do their homework ) get shaken out and most blown out of the water . Yes it's possible to play both sides - up and down - on intraday basis . Reliable simple set up needed .

Gold with No Drama

...ahh...so you ' average in ' to your trade as it goes against you ?

Gold with No Drama

A close above 49250 indicates bullishness for 8pm and a higher finish .

Gold with No Drama

...do you ' add on ' when in a positive trade ?

Gold with No Drama

...scroll up and see the charts i posted today . Used last up day range , extended that lower . Gave area for possible reversal .

Gold with No Drama

so you got the PRICE range extended down...do you want to see a divergence on 5 min to enter the trade i used ?

Gold with No Drama

...dunno about the above....for me it was a fib number 55000...with up momentum making it towards 6000 - did not get here . Those who know when certain profit levels are reached the liquidity dries up .....you are left sniffing fumes...and bang ...

Gold with No Drama

...excellent mate !

Gold with No Drama

NYO around 50250...

Gold with No Drama

most indicators - derived from PRICE cannot function in this volatile conditions . PRICE actions shows the way .

Gold with No Drama

A 50% retracement of todays downmove points to a close around 50500

Gold with No Drama

Come on Goldie....

Gold with No Drama

A close above 4825 confirms base ( for me ) is in .At 7pm on 15min chart .

Gold with No Drama

Gold has a parabolic upmove , this is a retracement . Gold uptrend is still intact ( for me ) . If you intraday trade you need to apply your strategy based on that .

Gold with No Drama

Projected lower indicates a turning point or a base here

Gold with No Drama