Yup :-)

Only Gold!

I am on the short as well looking at 1350

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What are you views do you think it is a downside or upside breakout?

Only Gold!

I am looking at 5M chart with upside support of the 300sma

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It looks like a wedge formation with downward bias, that has formed but I am still new to this, can anyone confirm?

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Hi guys,s just curious how much of a retracement are we excepting before it will be heading towards the 1300 mark?

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Totally agree I am learning so much for everyone here its amazing, I hope one day I can contribute and help other makes some $$$. Thanks Polaris4dy for the info will look at the historic data and Nisan_Levi thank you. Its amazing to see your calls ...

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hahahahah NL great call, I am curious how did you know the retracement to 1355, I am a newbie been doing and studying forex for 3 years still long way to go.

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I too use hedging strategy as well, at the moment waiting on the market movement to see what the next course of action, but looking at the past sell downs average about a couple of days and also looking at the H1 chart each burst of gold price there ...

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What do you think? Based on the different timeframes 15,30,1h,4h looks like everything is overbought, do you think there is going to be a major pullback before hitting the 1380 target?

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I too was shorting the gold, but I closed my position with a little profit, market is in confusion can't tell which way its going to go. Just wait and see and take advantage on the change. :-)

Only Gold!

Well looks like it initially but most likely could be some major players are cashing in on the all time high gold is at currently. Besides I wasn't sure there was going to be a major sell down given it has occurred twice in the past.

Only Gold!

Hi guys just joined in, been following your posting and man the Gold calls was on the money, except for the unexpected 2 hour frenzy. I hope to learn and contribute to this forum. Cheers

Only Gold!