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12 years 9 months ago - 12 years 9 months ago #5696
by WaveSurfer
Replied by WaveSurfer on topic Gold - Charting nice
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
dl.dropboxusercontent.com/u/40497882/Gold%20monthly%20APR13.JPG
Last edit: 12 years 9 months ago by WaveSurfer.
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12 years 9 months ago #5695
by WaveSurfer
Replied by WaveSurfer on topic Gold - Charting nice
Remember this chart from previous post?
now keep an eye on gold back-testing the break point, i'll be looking to short on 1st attempt.
dl.dropboxusercontent.com/u/40497882/Gold_30_Apr13.JPG
u/40497882/Gold_30_Apr13.JPG
now keep an eye on gold back-testing the break point, i'll be looking to short on 1st attempt.
dl.dropboxusercontent.com/u/40497882/Gold_30_Apr13.JPG
u/40497882/Gold_30_Apr13.JPG
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12 years 10 months ago - 12 years 10 months ago #5332
by WaveSurfer
Replied by WaveSurfer on topic Gold - Charting nice
bounce came @ 1492 > 1510 and now straight washout to 1370 > 1331 appearing more and more likely destinations....
expect to see a bounce or decent counter rallies to sell into
gold bull over and out and enter the bear !
expect to see a bounce or decent counter rallies to sell into
gold bull over and out and enter the bear !
Last edit: 12 years 10 months ago by WaveSurfer.
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12 years 10 months ago #5316
by remo
Replied by remo on topic Gold - Charting nice
that trade of mine did not last long

I wont be going long on gold now. Im gonna wait for the back test of 1522 then gonna short.
With a 10 point stop.
Next good support level is around 1430 area . Now im bearish on gold .
I wont be going long on gold now. Im gonna wait for the back test of 1522 then gonna short.
With a 10 point stop.
Next good support level is around 1430 area . Now im bearish on gold .
The following user(s) said Thank You: Basementgeek, Libero
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