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

[Sprawl123]

i'm still confident being long, but reduced pre numbers

 

[sujithsstorock]

PS : new members from kitco

please don't go with what i suggest or say at kitco.I was advocating about shorting at 819 $ there.But i didnt , i bluffed !.

Our buy call of 804.5 $ almost went near last target of 829 $.Congrats to those who kept cool and held there long , and for those who added lots above 821 $ too.Can exit 90 % of lots here. Or trail stoploss to 817 $(risky)

Now lets see, if we can dumb it

 

[yvij]

you have burned your hands last time. Will tell you the locations to go long. Keep patience.Going long for medium term is not suggested.

Yes yes I lost 47K. I will wait on sidelines for your call SRock.

If you help me recover loss I will be sending you a fat cheque for your valuable time.

Thanks again buddy.

 

[sujithsstorock]

Sell gold around 827 $ with stoploss 831.8 $ targets 822-819-816-812-808

 

[sujithsstorock]

Yes yes I lost 47K. I will wait on sidelines for your call SRock.

If you help me recover loss I will be sending you a fat cheque for your valuable time.

Thanks again buddy.

keep on doing the calls here, i think the cheque will get generated by itself

 

[styxss22]

Hi all,


Will the data being relased today (job losses) and a further announce at 15.00 (uk time) affect gold price?

Also, is there a feeling we will see 120 in oil before going down?

Thanks

 

[Wideboy]

Suji, I have 830 marked no my chart as its 61% of last weeks move. Is this a significant level in your eyes? The 38% level at 808 broke and price has moved up to the 61%. This signals a full retracement back upto 865 if 830 breaks?

 

[sujithsstorock]

Suji, I have 830 marked no my chart as its 61% of last weeks move. Is this a significant level in your eyes? The 38% level at 808 broke and price has moved up to the 61%. This signals a full retracement back upto 865 if 830 breaks?

right on the money there yes 830 was coming when it broke 805 $. Did you see any sell call for last 2 days ? Even after such a rise is oil inventory , it was 95% sure of fall.Still we didn't go short. it paid off !.

guys that short , don't compromise with the stoploss.

 

[sujithsstorock]

Hi all,


Will the data being relased today (job losses) and a further announce at 15.00 (uk time) affect gold price?

Also, is there a feeling we will see 120 in oil before going down?

Thanks

yes jobloss affects gold but on hourly charts only.

If numbers rise, gold goes up.

Oil , no comment

 

[Wideboy]

So now 830 has broken. As long as price can hold above that level do you think 865 is possible by end of the week?

 

[pikemaster]

Dont know why you are smiling you lost 4.8 pts in about 10 minutes..

 

[sujithsstorock]

Sell gold around 827 $ with stoploss 831.8 $ targets 822-819-816-812-808

stop hit. Loss 4.8 $

 

[Wideboy]

stop hit. Loss 4.8 $

Bad luck

 

[sujithsstorock]

So now 830 has broken. As long as price can hold above that level do you think 865 is possible by end of the week?

may be , may not be. Lets see. But a big sell off is nearing !

 

[Wideboy]

may be , may not be. Lets see. But a big sell off is nearing !

what makes you think that ??

 

[pikemaster]

Crude is soaring at mo due to dollar weakening...no kick off on gold yet tho

 

[sujithsstorock]

what makes you think that ??

resistances at there best waiting.

Crude is going up heavily, this aint bull.Its bull trap.

 

[Wideboy]

Yep price is not breaking 830...you guys could be right

 

[Wideboy]

I'm really not sure, closed out my long for +2. Now flat waiting to see what happens.

I guess this is a good opportunity for a low risk short?

 

[Wideboy]

grrr this is so indecisive