SureFire_Trader
Long

When Gold breaks 1220 level, stay long.

TVC:GOLD   GOLD (US$/OZ)
88 2 2
Could also see price falling briefly below 1200 this week and then buying strength gonna show up after that. Likely to see a strong push to $1300 and then to $1350 when 1200 level is broken.
Comment: UPDATE: Price failed to break above 1220 and took the alternate path - to the downside as also projected. Thus we now have a better entry at 1198. It is imperative that we see 2 consecutive bull candles closing above 1198 for entry. Same exit target.
snapshot
Comment: UPDATE2: Still no buyers coming in but the chart created another important level for potential long entry :- at above $1190 (revised down from $1198 prev.). By following patiently over a time period we can get the right entry and not catching the bottom of the trend and get stopped out several times.

snapshot
Order cancelled: No buy entry since. Will have to see 1190 break until then we are not going to see buys.
Next we need to see 2 things: 1) need to see strength to come in by next week. 2) take out 1220. So keep watching
Reply
hey bro now is below 1200.. i am waiting for 1300 next
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