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All Majors and Gold

  • #7,601
  • Jun 19, 2013 3:11pm Jun 19, 2013 3:11pm
do you also think that this downtrend will continue thru asain and London session?
if you do then don't you think that price might get to 1307?
Wooooohooooo or Boooooohooooo
  • #7,602
  • Jun 19, 2013 3:20pm Jun 19, 2013 3:20pm
Quoting gnomoneey
do you also think that this downtrend will continue thru asain and London session? if you do then don't you think that price might get to 1307?
I wouldn't be surprised to see the Asian session "jump on the band wagon" but SD levels could possibly entice the London crowd to look the other way. Since my long term view has been 1200ish from the 1700's, even a bounce is not going to stop this for long in my opinion.
Ghost Rider - WWTBMD?
  • #7,603
  • Jun 19, 2013 3:22pm Jun 19, 2013 3:22pm
Quoting gnomoneey
do you also think that this downtrend will continue thru asain and London session? if you do then don't you think that price might get to 1307?

Perhaps we are not too ambitious...muahahahaha
Gold is my pleasure.
  • #7,604
  • Jun 19, 2013 3:40pm Jun 19, 2013 3:40pm
Quoting albchr
Expecting a bounce here but the dollar is on a roll. Should be interesting. {image}
Bounce...

Looking to short around the 1362/1364.50 area, maybe higher hopefully?
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh1.png Size: 38 KB
Ghost Rider - WWTBMD?
  • #7,605
  • Jun 19, 2013 4:51pm Jun 19, 2013 4:51pm
my view: (H1)

gold will go down slightly more for now, as my moving average line (MA13 - green) is just about to cross the (MA21 - purple).
Attached Image (click to enlarge)
Click to Enlarge Name: fx2248_190613.png Size: 54 KB
Gold is my pleasure.
  • #7,606
  • Jun 19, 2013 4:57pm Jun 19, 2013 4:57pm
Quoting albchr
{quote} Bounce... Looking to short around the 1362/1364.50 area, maybe higher hopefully? {image}

do you mean the trend is reversed now?

=)
Gold is my pleasure.
  • #7,607
  • Jun 19, 2013 5:00pm Jun 19, 2013 5:00pm
Quoting jebataro
{quote} do you mean the trend is reversed now? =)
Oh Heavens no. Just a pullback hopefully to add more shorts. I'm looking for at least 1200 and perhaps lower over the next few weeks/months myself.
Ghost Rider - WWTBMD?
  • #7,608
  • Jun 19, 2013 5:30pm Jun 19, 2013 5:30pm
Quoting albchr
{quote} Oh Heavens no. Just a pullback hopefully to add more shorts. I'm looking for at least 1200 and perhaps lower over the next few weeks/months myself.

understood.

that should do.
we gonna see... but perhaps it will go down slightly maybe around 1340 area than pullback a bit...then set for short later.
Gold is my pleasure.
  • #7,609
  • Jun 19, 2013 5:40pm Jun 19, 2013 5:40pm
Quoting jebataro
{quote} understood. that should do. we gonna see... but perhaps it will go down slightly maybe around 1340 area than pullback a bit...then set for short later.
That's quite possible for sure. Certainly not the bounce (yet) I expected but the actual TL level I'm looking at is 1347.92 which it hasn't touched yet. If it doesn't bounce a bit in the next couple hours, I'll start adding shorts here and keep building them if it rises later. I'm reasonably sure of the trend (look at monthly) and gold is still way overvalued so selling is all I'm doing since the 1700's.

I don't scalp Gold so I'm only interested in mid to long term moves.
Ghost Rider - WWTBMD?
  • #7,610
  • Jun 19, 2013 5:46pm Jun 19, 2013 5:46pm
Quoting albchr
{quote} That's quite possible for sure. Certainly not the bounce (yet) I expected but the actual TL level I'm looking at is 1347.92 which it hasn't touched yet. If it doesn't bounce a bit in the next couple hours, I'll start adding shorts here and keep building them if it rises later. I'm reasonably sure of the trend (look at monthly) and gold is still way overvalued so selling is all I'm doing since the 1700's. I don't scalp Gold so I'm only interested in mid to long term moves.

fair enough.. =)

am kinda currently a new learner...
just interested in gold....

so, kinda learn how the market of gold moves and try to scalp some..hahah..
Gold is my pleasure.
  • #7,611
  • Jun 19, 2013 5:52pm Jun 19, 2013 5:52pm
Quoting jebataro
{quote} fair enough.. =) am kinda currently a new learner... just interested in gold.... so, kinda learn how the market of gold moves and try to scalp some..hahah..
Well you can scrape everything I just said. She just fell through the floor (my TL) while I was typing on another thread....LOL

Looks like your view is closer than mine now bro.
Ghost Rider - WWTBMD?
  • #7,612
  • Jun 19, 2013 6:09pm Jun 19, 2013 6:09pm
Quoting albchr
{quote} Well you can scrape everything I just said. She just fell through the floor (my TL) while I was typing on another thread....LOL Looks like your view is closer than mine now bro.

manage to scalp some pips...hahaha..

it might pullback as soon as stochastic (14) at H4 indicate reversing upward, which now still directing downward.
Gold is my pleasure.
  • #7,613
  • Jun 19, 2013 6:16pm Jun 19, 2013 6:16pm
g


how about you?
Gold is my pleasure.
  • #7,614
  • Jun 19, 2013 6:18pm Jun 19, 2013 6:18pm
Quoting jebataro
g how about you?
what about me?
Wooooohooooo or Boooooohooooo
  • #7,615
  • Jun 19, 2013 6:26pm Jun 19, 2013 6:26pm
Quoting gnomoneey
{quote} what about me?
your view on gold?
Gold is my pleasure.
  • #7,616
  • Jun 19, 2013 6:34pm Jun 19, 2013 6:34pm
Quoting jebataro
{quote} your view on gold?
1374 done
1371 done
1367 done
1364 done
1358 done
1354 done
1350 done
1341 almost done
1336 waiting
Wooooohooooo or Boooooohooooo
  • #7,617
  • Jun 19, 2013 6:50pm Jun 19, 2013 6:50pm
Quoting gnomoneey
{quote} 1374 done 1371 done 1367 done 1364 done 1358 done 1354 done 1350 done 1341 almost done 1336 waiting
I guess gold starts to pullback a bit now and hopefully goes around 1360 the ready for short afterward.
Gold is my pleasure.
  • #7,618
  • Jun 19, 2013 6:52pm Jun 19, 2013 6:52pm
Quoting jebataro
{quote} I guess gold starts to pullback a bit now and hopefully goes around 1360 the ready for short afterward.
1349 max on m15
Wooooohooooo or Boooooohooooo
  • #7,619
  • Jun 19, 2013 7:14pm Jun 19, 2013 7:14pm
Quoting jebataro
{quote} I guess gold starts to pullback a bit now and hopefully goes around 1360 the ready for short afterward.
did you make some cash on this drop
Wooooohooooo or Boooooohooooo
  • #7,620
  • Jun 19, 2013 7:21pm Jun 19, 2013 7:21pm
Quoting gnomoneey
{quote} 1374 done 1371 done 1367 done 1364 done 1358 done 1354 done 1350 done 1341 almost done 1336 waiting
1374 done
1371 done
1367 done
1364 done
1358 done
1354 done
1350 done
1341 done
1336 waiting
Wooooohooooo or Boooooohooooo
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