vlad.adrian
Short

Gold - failed divergence

COMEX:GC1!   Gold Futures
483 9 4
If a divergence is the strongest signal in technical analysis , why wouldn't a failed divergence be as strong, but in the opposite direction? I have been holding a long position in gold             for one month, and yesterday I got stoped out. I immediately reversed my position, got stoped at 1264 and went short at 1265. I have a long term bullish bias in gold             , so at 1200 I will be looking for longs. Fundamentaly, I understand that gold             is close to a crash, and the fundamental analysist that said this is right more than 90% of the time. My stop is at 1298, and I will be adding using the H1 and the H4 chart.
ok..please see at below
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Hello guys.

what do you think about that analysis ???

it was month ago and 100% short till 1165.52 firstly.

now situation a little bit changed and i can say new strike where new trend starts.

waiting for your decision.

Thank you.
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vlad.adrian TalgatKuspayev
I don't understand what you want me or others to say
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Bulkowski is the only guy I could find to have actually tested Divergence performance. Bearish market is better for Stoch for example. Are you aware of any similar studies?
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No, I analyze myself. When I see a divergence on a weekly chart I go back about 10 years and check how previous divergence have worked. When I see on a daily I go back 2-4 years and check. All this is done taken into consideration the prevailing trend of course
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hi. thanks. plz see below
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vlad.adrian DrAMohammadi
I agree! I have the stop a bit lower because I'm betting on a collapse. If that will be the case, it shouldn't even go near my stop.
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