I have these targets for the near term bullish case from 1599.38: 1609.55 1615.83 1622.11 1626.00 The last two upper targets are around the 50 day mva and I'm expecting a pull back from there. Short guns loaded and pointing down from that region.

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I'm long in the market at just under 1600. It's gripping stuff watching the price action. Let's see if Gold can fly from here.

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I have long guns at the ready from c.1600 aiming for 1609/1616 and possibly beyond. (SL 1590.50).

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Hmm...failing that, I can see a possible bounce off 1599.73 below, we'll see how it plays out.

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Gold looks like it could burst upwards to the 1609 area at least

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I would personally need to see a sustained break of 1615/16 on the daily charts to become longer term bullish.

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my maths points to these revised upwards targets based on current price action: 1618.55 1618.98 1620.75 All just above 1616. However, I could be wrong. If I'm correct then this would be the spike I was talking about in my earlier posts.

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The sub-waves are saying that the possibility of a strike at 1619/20 is unfolding - have to be careful here, as the same waves could also be scribing out a terminal pattern which means more downside action

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my mini long from yesterday is showing some guts (@1598.50). I think I'll take my mini profits soon - give a bit in charity and treat myself to lunch. No big bucks thus far, but a happy heart

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First target 1602.57 hit. I quite fancy 1609.51 as a likely end point to this upside breakout. But we'll see what the sub-waves reveal as time goes on, I might go short at 1609.51 or sooner. Waiting is big part of trading.

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Gold's wings have started flapping - let's see if we can get a thrust up.

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If Gold continues higher I have these targets: 1602.57 1609.51 1616.45 1620.75 I would love to see 1620, but there is alot of bearish sentiment out there.

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I've lowered my short entry to below 1587 - when counting waves I've found there is a $2/3 variance at wave end points, particularly in Gold.

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my charts do also indicate a bounce from 1589.33 - but we shall see.

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Indeed silver has been the laggard, and this is never a healthy sign. If Gold and Silver are going to dip (Gold below 1589), this is the time to do it. Short guns pitched below 1589 - but could snap back up from lower levels very quickly.

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Not much action today...we'll see what emerges tomorrow. Gold has been known to move very suddenly in the asian session, I would recommend double checking all stop losses if holding positions overnight.

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if the shorts kick-in I will move the SL to break even asap - these shorts are bigger than my very mini longs from earlier and I'm expecting a snap back from lower levels.

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If GOLD drops below 1589 my shorts will kick-in. However, I think we could snap back from 1579 if this happens, possibly before a larger decline.

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the move from 1594.54 upwards looks very 'tired' - a classic market condition for a reversal and I think 1605.61 could be a place for it - it may not get there today as we have lots of sellers around (which are likely to be back in larger numbers). ...

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