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

[Donzayy]

Prices will probs be going up today

 

[b_p4tel]

Wait till it finds the support then go long

 

[Donzayy]

Your good at forecasting, post on here when you think it's the right time

 

[b_p4tel]

im thinking we could eventually see a double bottom at 1201...what u think dentist?

no im not good dentist it better!

how do i draw them charts using netdania?

 

[Donzayy]

You think it's gonna go that low? I have a feeling it's gonna probs go back up to 1275.0 or something along those lines

 

[b_p4tel]

actually looking at im not sure

i am thinking if it goes over 1270 then go long

 

[Dentalfloss]

not quite
at this point it is a recoil
hourly...we are looking at the last breakdown
note...we have trend res looming and a couple of previous supp areas
we need at least a break of trend

 

[Dentalfloss]

here is the 5 min of todays action so far
see 1258 is a pivot area

 

[Dentalfloss]

im thinking we could eventually see a double bottom at 1201...what u think dentist?

no im not good dentist it better!

how do i draw them charts using netdania?

register at netdania ...it is free
launch netstation
under chart type...it is linedot

 

[Dentalfloss]

hourly trend taken out
now for the 4 hour trend

 

[Dentalfloss]

looking at the latest uptrend on 10 min
1264 looks important
trend test and a previous breakout point
green /red crossover

 

[Dentalfloss]

here is the bounce from 1250 on 1 minute
2 trends
1264 was the pivot area/res

 

[b_p4tel]

so i think...one more test of 1264 then up just before the US ceiling...so when it gets announced gold should rise.

what u think?

 

[Atilla]

so i think...one more test of 1264 then up just before the US ceiling...so when it gets announced gold should rise.

what u think?

I think the dollar will rise when it is announced...

Gold will test the lows again. I have 1180 pencilled in.

 

[Donzayy]

Anyone gonna short now?

 

[b_p4tel]

i missed out!!

i did say if it breaks 1275 to go long

 

[Donzayy]

Ah damn I lost so much money I went short instead of going long ahh I'm pissedd

 

[Dentalfloss]

15 min shows the uptrend that started when 1250 area got hit at lunchtime
there was no reason to go short
the uptrend continued on and 1264 area never got tested
entry points were at 1272 area and as bp4 said at 1275 area
i was out,so did not trade the last moves

 

[Donzayy]

Still learning i guess, hopefully the next trades will go well

 

[Dentalfloss]

overnight 1275 was the pivot to move back up to 1282 area
now..
we can look at the weekly to find out where more res is
aqua/internal trendline in 1310 area
red at 1330 area
there is also horizontal res and the round number at 1300
or maybe we fail in 1282 region
news depends