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

[55mph]

i'm nibbling on some ABX shares for a trade.

 

[sujithsstorock]

medium term

keep a sell gold at 771 $ stoploss 786 $
tgt 764-745-738-723-704 $

4th tgt met :clap:

 

[midnight*trader]

sujit whats your view on crude ? ,i'm looking at long term contract jan09

 

[sujithsstorock]

sujit whats your view on crude ? ,i'm looking at long term contract jan09

jan? then buy . but safe stoploss is 47 $ (am giving u stoploss below worst fall case) else it can shoot up any moment.

 

[rodin]

yes the preffered scenario of melt down started. in silver

No meltdown yet don't think it will happen overnight. Not another Oct 10th

SM decline is likely going to take DOW to the 7400 area

 

[sujithsstorock]

we might have bottomed out..! but lets not make it sure . so dont go long. start exiting shorts little by little

 

[rodin]

wot U think?

 

[rodin]

Gez whot

silver filled the Netdania gap and no more

I think 730 WAS a wave 1/4 kiss - there is a little leeway about the no crossing rule. Got to be a possibility

 

[rodin]

we might have bottomed out..! but lets not make it sure . so dont go long. start exiting shorts little by little

last silver hedge off. the FACT silver did not really join gold here (and it had a good melt-down set-up in chart) suggests a turn.

 

[bbillcee]

wot U think?

what would this mean rodin?
:?:

 

[rodin]

what would this mean rodin?
:?:

bit like Greg K's chart at KCo

Possible bottom

I have jumped the gun here with a little long stop 718

edit

note that my sym triangle line has an echo line

edit

You see if gold falls further it goes to $400 and that is IMO not realistic

Silver

 

[Eyeskating]

Gez whot

silver filled the Netdania gap and no more

I think 730 WAS a wave 1/4 kiss - there is a little leeway about the no crossing rule. Got to be a possibility

But I still see a gap at 9.44 in 1 min chart
I might be wrong. Would you pls double check?

 

[AbbasMalik]

Hi Sujit ! Nice Charts Rodin.

 

[rodin]

But I still see a gap at 9.44 in 1 min chart
I might be wrong. Would you pls double check?

U R ryt its on 5 min chart (more important)

sometime we close tht

 

[rodin]

Hi Sujit ! Nice Charts Rodin.

Better calls Sujith

 

[55mph]

wot U think?

looks like a tradeable low to me.

ditto: nice chart

 

[yvij]

Gold will head to 618 by year end!

 

[rodin]

looks like a tradeable low to me.

we will see

 

[rodin]

Gold will head to 618 by year end!

Fibo number or what :cheesy:

 

[yvij]

Fibo number or what :cheesy:

Gap 15 JAN 2007.

Must fill it and looks like it can easily do this now.

I would like to wait and buy here for long term.