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

[sujithsstorock]

Sell gold with stoploss 902.8 $. Target 898-95-93-88-83 $. Current price 900.8 $. .

third target met.Current price 892.5 $

 

[sujithsstorock]

Well nothing was moving and dollar is still up so sold at 897, it has just jumped into the 890's, as soon as I sold then the price moved. Today is not my day!

ask this to yourself again . Its 893 $ now.You entered the market against the trend and still you managed to make no loss . Cheers

 

[sujithsstorock]

Buy gold at 891 $. Stoploss 887.8 $. Target 893-895-898-900-902-909-913-917-925-933 $

 

[sujithsstorock]

Buy gold at 891 $. Stoploss 887.8 $. Target 893-895-898-900-902-909-913-917-925-933 $

risky traders set stoploss to 884.5 $,

alternative strategy
sell gold at 883 $ with stoploss 885.5 $. Target 880-77-74-72.5-68-64 $

 

[CrashGuard]

Buy gold at 891 $. Stoploss 887.8 $. Target 893-895-898-900-902-909-913-917-925-933 $

FEDs might raise interest rate today, are you sure it is good idea to buy now?

 

[sujithsstorock]

Thats the reason why i am buying .

 

[welshandy1]

they are likely to keep rates unchanged, I reckon.
just my 2c worth.

 

[sujithsstorock]

At US closing we will sell guys. Now its buy and stoploss 884.5 $.

 

[sujithsstorock]

Hmmm , i will trade at us opening now. Not doing good.

 

[CrashGuard]

how far the gold will go down, it doesn't look good. Gold might hit 850

 

[welshandy1]

depends on Crude, and that depends on the dollar. that last spike down was directly related to Crude falling to 116.80s, and a few seconds later Gold tumbled with it. Would be good if the Fed did raise rate today, but its not looking likely given the current recessionary climate.

Shorting Gold and/or Crude at this low level still seems a tough thing to do though!

 

[atrim]

I think Crude has more to go down but I'm not brave enough to short it. Gold seems less willing to drop so I'm long here.

 

[CrashGuard]

what time FED will announce rate?

 

[Wideboy]

Sold @ 885

 

[welshandy1]

what time FED will announce rate?

2.15pm Eastern

which is 4 hours back from GMT I believe, and a shedload back from Oz

 

[Atilla]

2.15pm Eastern

which is 4 hours back from GMT I believe, and a shedload back from Oz

We are heading for 878 imo. Will be looking for long opportunities at those regions.

 

[Wideboy]

We are heading for 878 imo. Will be looking for long opportunities at those regions.

Thats exactly where my limit is set. Good analysis bro

 

[Atilla]

Thats exactly where my limit is set. Good analysis bro

To be honest it's 'my' S2 pivot point... :cheesy:

 

[Wideboy]

Its my 38% fib extension of last weeks move. Funny how these things all line up

 

[sujithsstorock]

Gold can fire up .after comex opening.Don't short fresh nor buy.Stops are at 886 and 869 respectively.