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13 years 5 months ago #6287 by Amo
Replied by Amo on topic Gold
Hi Remo,

If we go higher than 1487 would that be classed a a 123 low?

Thanks
Amo

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13 years 5 months ago #5732 by redchilly
Replied by redchilly on topic Gold
two inside bars
Short @ 1468.7
SL above the high of IB
Sorry no chart as at hospital
The following user(s) said Thank You: remo, Paitech

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13 years 5 months ago - 13 years 5 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

Last edit: 13 years 5 months ago by WaveSurfer.
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13 years 5 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
The following user(s) said Thank You: remo, Shotry, fabba007, Jackozy

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13 years 6 months ago - 13 years 6 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 !
Last edit: 13 years 6 months ago by WaveSurfer.
The following user(s) said Thank You: ronnie, remo, 1 Pez 1, Libero

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13 years 6 months ago #5316 by remo
Replied by remo on topic Gold - Charting nice
that trade of mine did not last long :ohmy: :ohmy: :ohmy:
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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