Gold

i took some longs yesterday @ 79 and got a $9 move upside then sold as i just didnt like it, mentioned on the chat to be careful on gold if going long.

gold imo if it cant get abv 1278 n 1289 - very important it going nowhere and has a chance to test 1230/1200.

key numbers - 1327, <1289 <>( bulls need a close abv this) 1278> **1259**> 1230

all imho

im already long from earlier and currently losing..
My stops are below 1250...
I was hoping for a bounce on first attempt
Stop is tight . Hopefully can bounce or else this could go towards 1180 so hence tight stops


dl.dropboxusercontent.com/u/4899609/gold%2012thnov.png

Ready?

This is approaching the trend-line, around now.

Keep an eye on the up trend line over the coming week or weeks.
Worth a long on a first attempt basis with the stop below the nearest support.
So one to keep a close eye on.


dl.dropboxusercontent.com/u/4899609/gold31stoct.png

Gold Daily chart - structure taking form... comments in the chart.

Gold bear market rally continues, but comes with volatility...





dl.dropboxusercontent.com/u/40497882/Gold_daily%20Oct13.JPG


Dyor...

WS

This is at a key level just now c. 1330 (where I have the 4H downtrend resistance). Here's the daily (ignore the wave count - it's just a possibility which, if the trendline breaks, is unlikely to be right:



dl.dropboxusercontent.com/u/20815047/FTS...olddaily08_10_13.png

Long on backtest of trendline break or short at the trendline. Have stops in place.