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

[Wideboy]

in kitco chart , at bottom me chart,session time period is given

sorry that doesn't really help me. Is it the same as the fx market? ie NY is 1pm GMt-9pm GMT etc

 

[sujithsstorock]

http://www.kitco.com/images/live/gold.gif


check the bottom of this chart.

As an indian,am not aware of timing in other countries.Well newyork gonna open in next 3 hours 20 minutes

 

[sujithsstorock]

.This time enter around 929-930 region (this price might come at london closing).

it hit 929 $ and came up . Current price 931.5 $ so cheers again

 

[CrashGuard]

fluctuations started

 

[CrashGuard]

29-33 hit, $4 profit

 

[welshandy1]

good call Suji, I got couple of $ there too Still hold?

 

[CrashGuard]

good call Suji, I got couple of $ there too Still hold?

I think POG will take a dip to 927 around london closing then shoot up to 35/37.

 

[CrashGuard]

intra day call: 925-927; target: 935-938-940.

 

[welshandy1]

agree, cashed in, will jump on again at in the 20s
good start!

 

[sujithsstorock]

It won't be good if it break 928 below this time around. Hmmm. Don't buy there.Can't discard 917 $ if matters get worse.Stay out if 928 $ broken below.

 

[Mr.J-Arthur]

S.Rock is an Indian with no clock and trades 24 hours it seems


I jumped on gold far too late on the run@ 934
Then shorted Euro. Stopped out, then long on Euro and made profit.
So I closed Euro for profit and I let my gold keep running (bad idea, but we'll see).

I'm starting to think about using this hedging strategy.

 

[sujithsstorock]

S.Rock is an Indian with no clock and trades 24 hours it seems


.

.

its 11:15 pm in india when comex closes.And when we get up at 8 am,its hong kong running with just 2-3 $ difference from comex closing.So we very much able to catch good volume trading hours.

 

[sujithsstorock]

I jumped on gold far too late on the run@ 934
Then shorted Euro. Stopped out, then long on Euro and made profit.
So I closed Euro for profit and I let my gold keep running (bad idea, but we'll see).

I'm starting to think about using this hedging strategy.

got a suggestion for you, instead of euro, put silver in its place.

 

[sujithsstorock]

Risky sell gold 931 $. Stoploss 932.6 $ target 928.5-926 $. Do in minimum lot. Use profit booking strategy.

 

[alnthmsn]

Some great candles on 5 min charts this morning able to trade up and down between 930 and 934. Good range trading opps so far today but aware of potential breakout- can go either way following NY open

 

[Sprawl123]

breakout

5 and 15min charts showing a symmetrical triangle... since its formed after uptrend, this is usually a bullish formation. If price goes 929.5 offered, we will fail break down. Upside looking for 933 bid


The triangle was $8 long, 930-8 = 922 we have reached the min target now.

 

[CrashGuard]

ECB talking about raising interest rate again. Is that good or bad for Gold?
On the other hand Swiss Central Bank is planning to sell around 5 to 10 tonnes of Gold. That would increase the gold supply.

 

[sujithsstorock]

Risky sell gold 931 $. Stoploss 932.6 $ target 928.5-926 $. Do in minimum lot. Use profit booking strategy.

first target of 928.5 met.

Note:don't wait for exact targets,book profit few ticks before it.

 

[sujithsstorock]

Risky sell gold 931 $. Stoploss 932.6 $ target 928.5-926 $. .

second target met. Profit of 5 $ . .

 

[sujithsstorock]

Hold sell. And trail stoploss.