Serkan G

GOLD GOLD GOLD.....

FX:XAUUSD   Gold Spot / U.S. Dollar
323 16 1
FIRST GOLD             WILL PULL BACK THEN IT WILL HIT.......

PULL BACK COULD BE TILL 1328 OR 1309......
BUT TO BE HONEST I EXPECT THAT IT WILL GO DOWN AND GO BACK UP ON WEDNESDAY (After the bath home data, gold had to reach 1365-1370 in a faster tempo......)
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alex.a Serkan G
I assume Consumer Confidence (Oct) will not be good so, XAU will go up but limited so as you wrote the above in order to XAU to go down(pull back 1328) then we should place sell after consumer confidence data, right?
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Serkan G alex.a
DON'T FORGET THE FOMC MEMBERS....THEY ARE IN MEETING BUT WILL MAKE SOME DECLARATIONS DURING THE DAY......THAT'S WHY DATA DOES'T MATHER NOW, JUST TWO ADP AND CORE CPI OF TOMORROW.....THEY SHOULD BE BAD AND WILL GIVE GOLD A FIRST CLAAS TICKET TO THE SKY AND THE FOMC STATEMENT THE SECOND TICKET...
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alex.a Serkan G
So, you are telling me that forget this little momentum of downward???
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Serkan G alex.a
AS LONG AS IT STAYS ABOVE 1347 DONT PANIC KEEP THE GOLD AND SELL IT TOMORROW BEFORE CLOSING TIME
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alex.a Serkan G
keep the buy and take profit (=clear position) tomorrow before closing time??
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Serkan G alex.a
SHOULD BE.....BUT DURING TOMORROW IT COULD BE VERY VOLATILITY
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alex.a Serkan G
I have a sell 1342.45 and buy 1346.81 the same lots. How do you think I should clear this?
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Serkan G alex.a
SELL OK BUT BUY SHOULD 1350
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alex.a Serkan G
What does it mean sell ok ? It means I should take profit today downturn? and Also, what does it mean buy should 1350. ??
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