Gold calls.Long term -medium term and intraday calls in gold is here !.

[rodin]

we might get a wave v down in silver to 11.50 if DOW goes for gap close

Seems silver and DOW are working together now but oppositely geared if U know what I mean. Earlier they went totally opposite directions

edit

I think the DOW wave C of 2 is due now. May add shorts with stops on way down for xtra leverage

Additional shorted DAX @ Wave 2 trendline (lower spread & risk/reward than DOW out of hours) for leverage

Not shorting silver risk/reward not so good

 

[rodin]

-ve div min chart copper t/l break threatening rising wedge

maybe a short. gold may follow

edit

wait for Cu to make hook MACD oversold minute chart

edit

Cu broke down should backtest or at least hook

edit

DAX stop hit tiny loss

All markets moving together but @ different speeds

 

[TrentT]

Gold's folowing Oil down - trying to push oil to $100 a barrel I think.

 

[yvij]

we might get a wave v down in silver to 11.50 if DOW goes for gap close

Seems silver and DOW are working together now but oppositely geared if U know what I mean. Earlier they went totally opposite directions

edit

I think the DOW wave C of 2 is due now. May add shorts with stops on way down for xtra leverage

Additional shorted DAX @ Wave 2 trendline (lower spread & risk/reward than DOW out of hours) for leverage

Not shorting silver risk/reward not so good

Hi Rodin and welcome.

I'm also looking to short Dow on daily cash around 11550.

Does not have enough upside I think.

 

[rodin]

Cu completes test of wedge break. If breaks 5 back inside +ve otherwise down

$800 key gold level

edit

Cu back inside wedge so no confirmation of down move

edit

too much humming and hawing @ this minute. Off for a capuccino see if action kick-=starts

 

[welshandy1]

get one for me while youre there, yeh?

 

[sujithsstorock]

Sujith your calls are so often right :clap:

Can U see 24hour DOW? Low spread trade. Now we have volatility could be profitable. Also DOW and Commods are interesting for intermarket analysis

I am shorting 20% on rises no stop v 100% Oct 12200 calls covering shorts on drops.

I don't know if we close the gap on the daily. If it is a breakaway gap so be it

All along I say big up in Sept for DOW

If so this will improve silver:gold

thanks rodin

currently i have acces to wti crude,silver n gold only. no to dow jones. but within 2 weeks time...i will be regular with crude copper silver gold crude dow jones and watever charts i get onto.

i will update my silver chart which i made just now very soon.

i am checking crude now. 103 $ should hold n give 110 $ i guess .

 

[sujithsstorock]

if 794 $ dont get broken before breaking above 802 $..... we are targetting 820 $ . buy call still running with stoploss 793 $ ..!!

 

[rodin]

Calm B4 the storm

King also awaiting direction I think

Bl--dy manipulated markets. Da boyz only need to work 2 hour a day. They know what to do in advance. We have to be on guard 24/7

 

[rodin]

if 794 $ dont get broken before breaking above 802 $..... we are targetting 820 $ . buy call still running with stoploss 793 $ ..!!

Cu broke upside to wedge but only to top parallel channel. Still ... +ve sign.

Trying long gold 798

 

[rodin]

WOW

booked profit $3.

 

[alibaba2]

need help please

hey guys , could you please tell me what was the lowest price the gold hit today ?
i put a stop loss at 793 and it took it,my FXinn chart shows me that the dump hit 792.5 , but looking at kitco chart ,i can see that 794 was never touched .
we usually have the same price as kitco.

 

[rodin]

hey guys , could you please tell me what was the lowest price the gold hit today ?
i put a stop loss at 793 and it took it,my FXinn chart shows me that the dump hit 792.5 , but looking at kitco chart ,i can see that 794 was never touched .
we usually have the same price as kitco.

Rolling 793.6 - sometimes a few ticks above Spot

Check Netdania

 

[rodin]

Sujith looks like that spike was v and now abc

797.2 potential neckline If HnS refused at right shoulder we go up good

Time to completion about hour

 

[bbillcee]

Sujith looks like that spike was v and now abc

797.2 potential neckline If HnS refused at right shoulder we go up good

Time to completion about hour

where do u think C will take us 2?

 

[bbillcee]

being i missed the entry what would be a good price to try to get in at?

 

[sujithsstorock]

very risky..buy gold at 796.8 $ (current price 795.6) stoploss 793 $ tgt 798.2-800-802.5-805-808-810 $

3rd target met . profit 5.7 $



@ rodin... yes a minutest a b c . and we are in 3 or 5 th wave..that might be targetting 805-810 or 820 $ . am not that much expert with elliote. as u had asked, i quickly summed up some wave paattern :whistling

 

[rodin]

Gold min close chart uptrend holding for now

edit

lost it trailing stop threatened

 

[rodin]

where do u think C will take us 2?

We did not correct much so still in up-move. Maybe COMEX will correct. I will trail stops under min trendline and watch development

Long Dec silver with stop 12.10 for small loss if hit. Not sure where to place stop there yet

edit

loosening stop a bit

edit

will post comment on silver thread

I think we may make a 2-day iHnS here. Currently 25% long will add @ $12

 

[sujithsstorock]

@ biblicee


next entry for long is 806.5 with stoploss 801.8 $. that would be risky. prefer to wait till newyork opens now.