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

[artful_dodger]

shorted from 777 profit taken $1

 

[55mph]

oops, i spoke too soon. markets open. 'nothing to see hear folks, keep moving.'

i don't think it can hold the gain.

 

[Wideboy]

The way I see it is follows:
Correction wave 4 started at low of 738. This wave will consist of 3 smaller waves, which are evident on the hourly chart; 738 upto 786, down to 764, then lastly upto 778 at present. A top will form soon and we will then begin impulse wave 5 down. As long as 786 is not broken this analysis appears secure.

 

[55mph]

ok, did all you 'gold is money' guys buy your gold for the day?

good, we can resume a trend.

 

[sujithsstorock]

Am flat !.

 

[artful_dodger]

Its like waiting for godot....at least I have a pair of knockers forming on the 4hr chart.

 

[55mph]

time to give 767 a test.

 

[Wideboy]

All quite.
Question for people that watch the market all day:
What are the times of day that we often see the most movement? Are there times which are always quiet?

 

[artful_dodger]

Everyone hypnotised I'm scared..probably the market makers know this and so are trying to entice people in, trying to find the place where the volume is...so they can have their fun.

 

[55mph]

right before london opens

before london's close

ny open, ny close

did i win a mint 1973 tii ?

 

[Wideboy]

right before london opens

before london's close

ny open, ny close

did i win a mint 1973 tii ?

Thanks, at least I know you're awake

 

[artful_dodger]

i think we're going to try and test the highs of earlier...notice the double W pattern forming?

The W on the right could reverse though...like a mirror image.

 

[sujithsstorock]

its like sitting n fishing. u must keep ur baite n wait for fish. in stormy days nothing will come to u.

 

[55mph]

Thanks, at least I know you're awake

barely


i don't see gold getting any meaningful help here.

 

[bbillcee]

i've had a better time watching paint dry

 

[bbillcee]

are we gonna short at 778?

 

[artful_dodger]

I even went to wash the dishes...

 

[55mph]

are we gonna short at 778?

you are.

 

[Wideboy]

are we gonna short at 778?

Why not, that might just help it

 

[55mph]

on your mark

get set...

disclosure: i'm still short from 780