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

[mcrayeps]

This is for those learning technicals >> draw a line touching 772 , 782, then 807 $ , it will lead to the formation of a triangle type pattern.
Now try to draw a line connecting 772 , 782 and 792 , gold pushed it to parallel line. This gives gold extra time to make another decent top (say 850 $) before breaking below this line next time , and give 730 $.
The idea is , i think gold will be 20 $ above tomorrow this time.Well break of 780 ruins it .

Sujith, i still dont understand how can you connect 772,782,792 in a line...
picture will give me an idea i think

Thx

 

[sujithsstorock]

Sujith, i still dont understand how can you connect 772,782,792 in a line...
picture will give me an idea i think

Thx

will be giving it at the earliest .

 

[sujithsstorock]

Opera - nice one Sujith! It took me about 5 mins to install, and I'll keep it specially just
for your thread!

you are welcome trent t . Being a software professional has its own advantages

 

[sujithsstorock]

no call at hand mate. Not atleast for next five hours. Till then sell on rise strategy. You can get 1-2$ profit .

800.6 $ now. Strategy clicked . Anyone made profit ?

 

[sujithsstorock]

The bottom for the decade, do you mean THIS decade? Lower than the 270's in March of 2001?

decade i referred to from 2007 till 2018 . High being in 2013.

 

[sujithsstorock]

I need to confirm if 792 $ was bottom or not. Those who couldn't buy , don't worry. If its really end of fall, then gold will come and test 798 $ again.

and if this is just a profit taking rally , then worst is yet to come !.

we are almost there. 799.2 $ now. But i personally would suggest to wait.

And risky traders can go for a buy with stoploss below 791.5 $. But its risky as bottom is not confirmed yet. If the given stopholds , . . The call might run this entire month.

 

[francisfinley]

we are almost there. 799.2 $ now. But i personally would suggest to wait.

And risky traders can go for a buy with stoploss below 791.5 $. But its risky as bottom is not confirmed yet. If the given stopholds , . . The call might run this entire month.

king says we will test 77X today, do you think we are going higher than 800?

 

[sujithsstorock]

king says we will test 77X today, do you think we are going higher than 800?

784 $ can't be ruled out. I too see the possibility. Thats why i am sitting patiently .

Waiting . . .

 

[TrentT]

784 $ can't be ruled out. I too see the possibility. Thats why i am sitting patiently .

Waiting . . .

'Morning all - wait over - still dumping .. Same thing happened yesterday at this time ..

 

[francisfinley]

784 $ can't be ruled out. I too see the possibility. Thats why i am sitting patiently .

Waiting . . .

i went in SELL @ 799.1 closed 797.0 profit 21 pts

 

[mcrayeps]

we are almost there. 799.2 $ now. But i personally would suggest to wait.

And risky traders can go for a buy with stoploss below 791.5 $. But its risky as bottom is not confirmed yet. If the given stopholds , . . The call might run this entire month.

is this a call sujith?
so stop is @ 791.5?

 

[sujithsstorock]

is this a call sujith?
so stop is @ 791.5?

no its not a call. Just a view . Stop hit is not guaranteed

 

[mcrayeps]

no its not a call. Just a view . Stop hit is not guaranteed

Yep.. i see your point.. if this is broken, the bottom is still out there right?
a big problem to buyer if broke 780 or even 772?
gladly im short here....:|

 

[goldbug]

king say to short today 801. i short at that level. he say target is 780.

 

[mcrayeps]

king say to short today 801. i short at that level. he say target is 780.

is it allowed by KOG to tell his strategy? lol
you can PM me when the price is equal to his entry position...

 

[sujithsstorock]

king say to short today 801. i short at that level. he say target is 780.

please don't display his calls in public forum. It can affect his business badly.

 

[sujithsstorock]

Deadly risky >>Buy gold. Stoploss 788.5 $ targets 794-797-801 $. Current price 790.5 $

 

[francisfinley]

please don't display his calls in public forum. It can affect his business badly.

that call was on his free section.... which i posted earlier.

 

[mcrayeps]

Deadly risky >>Buy gold. Stoploss 788.5 $ targets 794-797-801 $. Current price 790.5 $

good call.. but i missed it.. when i read this, the price is already @792...
better luck next time for me

 

[Wideboy]

Morning all

Risky bottom picking trade: Buy if current hourly candle closes at 793 or above; stop 788, target 805