Gold

WaveSurfer
Offline

12 years 7 months ago #6859 by WaveSurfer

Replied by WaveSurfer on topic Gold - Charting nice

well it got there in the end.....

key area to look for may be a counter rally to kick off (in a bear)

$1192, 1151 & 1011

WaveSurfer wrote: here's the monthly view - long term target is in the greenzone once one red zone is cleared

dl.dropboxusercontent.com/u/40497882/Gold%20monthly%20APR13.JPG

The following user(s) said Thank You: Jackozy, Libero

Please Log in or Create an account to join the conversation.

Jackozy
Offline

12 years 8 months ago #6522 by Jackozy

Replied by Jackozy on topic Gold

I missed the chance to short this at the descending triangle resistance shown here on this 4H chart. There could be another chance on a breakdown of 1388.9 so I may look to that on a backtest:

dl.dropboxusercontent.com/u/20815047/FTS...s/GOLD4H06_06_13.gif

The following user(s) said Thank You: remo

Please Log in or Create an account to join the conversation.

WaveSurfer
Offline

12 years 8 months ago #6429 by WaveSurfer

Replied by WaveSurfer on topic Gold

looking at this rally - personally i dont think its sustainable, like to see lower low in futures play, cash made a ll but not futures....

i'll be watching 1437/46 area, if it gets there....

all imo,

rgds WS

Please Log in or Create an account to join the conversation.

Jackozy
Offline

12 years 8 months ago #6423 by Jackozy

Replied by Jackozy on topic Gold

Thanks remo.

Re updata, I think it's something to do with my FX feed subscription (gold is in that feed). Not sure really but I can't get pre-2008.

Thanks again for that chart.

The following user(s) said Thank You: remo

Please Log in or Create an account to join the conversation.