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

[bbillcee]

gonna be an action packed in NY open

 

[55mph]

ok, i'm out at 782 and flat. i've made my donation to the market until further notice.

 

[55mph]

short at 784.40

 

[OceanBleu]

short at 784.40

Hum! Euro formed a nice ascending triangle which broke out to the upside 15 minutes ago for a nice profit. Might good to short soon as there is that gap to fill eventually at 1.422. Could that pull gold to 787 before it reverses?

 

[55mph]

p.s. if it sounds like i'm throwing darts, i am.

meanwhile the euro is in flight. my chart says it's overbought and needs a little retracement.

 

[OceanBleu]

p.s. if it sounds like i'm throwing darts, i am.

meanwhile the euro is in flight. my chart says it's overbought and needs a little retracement.

gold sitting on the trend line...watching

 

[55mph]

covered for a 1.8 point profit

 

[bbillcee]

gold sitting on the trend line...watching

brke dwn through trendline

 

[55mph]

brke dwn through trendline

i'm going with the euro. it's got momentum.

long at 781.60

 

[bbillcee]

looks like bull flag in 5 min

 

[OceanBleu]

i'm going with the euro. it's got momentum.

long at 781.60

current break out on the euro should consolidate around 1,442-1,444

 

[55mph]

current break out on the euro should consolidate around 1,442-1,444

thanks, that could certainly translate in to 790 gold

 

[55mph]

nice call! ocean, lets see if gold can follow. it's been lagging before it follows. then, there it is. higher.

 

[55mph]

anyone have a target price price here. or is it another bounce giving us an opportunity to fade? fading the rallys puts points up on the board.

 

[55mph]

looks like bull flag in 5 min

bull flag! give it to me just one time.

 

[55mph]

here's an interesting reuters headline going into monday.

"Reuters Sunday September 14, 9:52 pm ET

NEW YORK (Reuters) - Major players in the $455 trillion global derivatives market rushed Sunday to scale back exposure to a potential bankruptcy filing by investment bank Lehman Brothers in a rare emergency trading session.

Trading took place as U.S. regulators and bankers were making last-ditch efforts to prevent toxic assets from ailing Lehman Brothers (NYSE:LEH - News) spilling into global markets and rupturing investor faith in the international financial system. For details see (ID:nN14440361)"

455 tillion!?!

 

[55mph]

the euro just took a rest, the chart setting up for another rally.

 

[mikeSG]

Stop got hit. Sujith?

 

[bbillcee]

Stop got hit. Sujith?

stop was 789 not hit

 

[55mph]

anyone catch that sell off. it was poetic.