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- mark_it replied Apr 4, 2013
Gold is trying for a mini bull run. First target is 1556.
All Majors and Gold
- mark_it replied Apr 4, 2013
I'm out on this one. The market has got me today. Gonna take a pause before I lose all my profits. Longs @1537/38 still waiting though. NFP tomorrow - that should be fun!
All Majors and Gold
- mark_it replied Apr 4, 2013
long from 1549 (mini lot) target 1602. SL 1540. Keeping it small.
All Majors and Gold
- mark_it replied Apr 4, 2013
I'm out. Licking my wounds. Still a chance to go long and I think it's gonna POP!
All Majors and Gold
- mark_it replied Apr 4, 2013
My hunch is a mini zigzag pattern is forming with 1550 ish as the peak of the zigzag But gold does look like it's gonna fly! So standing by to cut losses - (luckily only a mini lot)
All Majors and Gold
- mark_it replied Apr 4, 2013
Cheeky short from just under 1547, target 1537/38, SL 1555.50
All Majors and Gold
- mark_it replied Apr 4, 2013
yep 5th. Where do you have the origin of your 5th wave?
All Majors and Gold
- mark_it replied Apr 4, 2013
Increasingly looking like a burst downwards as previously mentioned, but who knows? Bernanke might

All Majors and Gold
- mark_it replied Apr 4, 2013
Long guns waiting @1537 - would be hell of a ride upwards from this level - might not see it today though, traders might save it for nfp tomorrow.
All Majors and Gold
- mark_it replied Apr 4, 2013
It could bounce off 1547 before heading upwards again...observing price action. Could go long soon, however a drop to 1537 is still not ruled out - a tricky one, only time will tell.
All Majors and Gold
- mark_it replied Apr 4, 2013
eu is tanking, U.S stocks are crashing. Gold is heading up as we speak, but I'm not certain this can last - I hope it does.
All Majors and Gold
- mark_it replied Apr 4, 2013
luckily zero loss due to tight stop. If there is one person who can add to the Gold rally it will be the words of Ben Bernanke, lets see what he has to say also.
All Majors and Gold
- mark_it replied Apr 4, 2013
Hi Mr. Scott, interesting wave labelling, we've come to the same support levels using different labels and trend lines. This could be more than just interim support, we'll see if we get a substantial bounce.
All Majors and Gold
- mark_it replied Apr 4, 2013
I'm going to set the SL to breakeven as soon as possible on this short. I want to keep it tight because I think we're going to rally to 1575 after a downward burst. That's my guess, but I could be wrong.
All Majors and Gold