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

Calls/Signals provided by "sujithsstorock" have earned me profit ?

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My charts show 901 as res.
If price stays below expect to see 893, 886, 879

Enjoy the ride
 
Today had a good day. Shorted at 914 $ and covered at 907 . Again shorted at 908 covered at 902.Shorted at 904 and covered at 897. 20$ profit.
Loss of 3.5$. So over all 16.5$ profit 4 me. Crude i don't trade.But met all targets and soaring up.
 
Wow you boys are all doing well!

I'm flying of to the great US of A tomorrow so will be in touch.

I hope gold holds above 900 as cannot hold current position if it drops further.
 
I earned over 5% trading the mini-s&p 500 :)

..and it all occurred in less than 3 hours! Left the desk and went out for a bike ride into the city.
What a great day.

Hey, will oil rally tomorrow possibly? USD is looking strong so I don't really see a rally..but who knows.
 
Gold still holding above 915 $. Tomorrow inventory expected so gold will be directionless until or unless it breaks below 914 $.Last hope for bulls is at 907 $.

Tomorrow 925 $ is possible.If this price comes after inventory,then extended target goes till 930 $.And if its before inventory,then that might be the last high before 900 $.

Crude
it has broken major trendline but got back in.Confirmation required if its a bear trap or real break out.Picture would be clear after tomorrow's inventory.

inventory came.Before inventory gold fell till 892 $ and crude till 120.9 $.

After inventory gold current price 912 $ and crude 126.7 $.

It was a bear trap. But its an indication of forthcoming things.Crude can show 130 $ and above before 120 $ gets broken below.
Gold hold resistances at 914 , 918,922,928 and 931 $.
Crude have intermediate small resistance at 127.2 $

after this up run,its going down for this summer.
 
close - its the European Central Bank, which sets general monetary policy for all the European member states. Their main interest is in heading off inflation - hence the rate rise.
 
Ok I think we have bottomed now.
Price bounced perfectly off the 38% fib extension of last weeks move @ 893.

Price action now I would ideally like to see a drop to around 902 (maybe will only get as far as 905) and then I'll be buying looking for 917 and 925 initially.
 
Theory says, if interest rate is hiked by ECB , then euro gets strengthened and gold eventually rises.

Last time they raised interest rates (which was expected). As rates were hiked,pog should have gone up,but fell by 10 $ in one minute. So anything can go.Logic says 'up'. But always expect the unexpected ;)
 
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