MetalCruisers

GOLD / But I still want.

FX:XAUUSD   Gold / U.S. Dollar
Gold             is bullish , and very bullish .

But I still want to see downside, yes I know that is what I want unfortunately market doesn't give a fifth of a half eaten brownie about what I want.

I don't suggest to sell, I do suggest to add to buys if we get the drop!

Comment: The thing is that if gold is not reaching 1225 ( at least ) and leaves it down here unseen that is a first sign of Bearish accumulation. Each such level that is left unseen intraday is adding up to Bears in this case.
I am long bias on gold and most followers know that. But if gold is doing such thing frequently that means it is baking sell. So the question then will be where we will close our buys and drive it down. For good bull it would be better to tag 1225, that means we can rise. If not we are baking the bear and sell again will be lurking on gold from higher levels.
Let's see how it develops.
Comment: Yes Boys and Girls this is what I wanted to see / get
Comment: Guys dont Rush. Let it fall or break up then we buy.
Buy very small and calm at 1225. Then buy little bit more at 1223 and if goes more buy at 1220 but dont be crazy so you can survive dd just in case. U have to trust me on this one just like when we bought earlier before fomc. We were in dd yes but now these are big winners. Hold them... add to them and wait.
Comment: Overall I dont worry that I cant add on this one as it did not drop to 1225 yet. All good. We have our winners running.
I am just very happy to see that the drop did happen that means we can rise and gold is deleting downside signs.
Now we can appriach 1237 minimum if gold is willing to rise.
:)
Comment: Recalculation shows that we should get our buy entries.
So just turn on patience mode.
Comment: Seems that gold is not picking us up here. Don't worry, hold our 1200ish winners and just relax!
Comment: Hmmm here it goes again.. targets both downside and upside... happens during choppy days.
We need to reach 1220. 1220 is a must target.
If gold reaches it I am adding to my buys there hell yes.
If gold goes up.. it acumulates bear... so we will be selling! Let's wait with patience! :)
Comment: And no I am not selling here in the middle of nowhere. nor adding to buys! Buy at binomial wave lows and sell at highs! So wait.
Comment: weeeee... I am not even mad that we did not add to our winners.
Good enough.

BUT gold left signs down there... that means it is now a start of bearish accumulation.. not strong yet.. so any time sooner later lets find a place to close our winners and jump in the bear! :* CMOK!
Comment: #LOVEGOLD!
Tanks for sharing. Very timely call ....
just thoughts on Gold, already went to 1200-1190 range. got new participants/customers to ease the selling pressure close to 1250 to 1260 region. Gold is on 3rdEW, long and strong.Gold might even end up last year's high. Let's see ..... if it can not pass the region 1250-60, then problems start...
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@bhsencer, I have the same targets you know it. Just intraday I would love to see some small pullback.
I have longs loaded up from 1200, so all good.
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bhsencer MetalCruisers
@MetalCruisers, I was wondering about why DXY was moving but gold does not care. I learned the concept of accumulating bull gate and visa versa. Thanks

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Thank you for the updates.
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@Rizka, :)
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Looks like we might get there tonight.
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MetalCruisers sandescaper
@sandescaper, nice catch!
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Now will we see '45 level?
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@faronf, hopefully this week we get our 1247 at least :)
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buy buy buy
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Ura!
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you are the best!
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@kizly, nah men u are the best.
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To reach 1225 we need usd index correction.
When usd is weak gold will not fall.
So we have to wait.
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@rafalo, Damn Bro thanks for letting me know :*
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rafalo MetalCruisers
@MetalCruisers, I know that You know! Now You know that we know too! ;)
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Thanks, patience is key;-)
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Up pressure quite high
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congrats man , u r the best
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#Love Metalcruisers.com aka B!
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Hi there, could you tell me more about those green lines you used and how to use them?
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@Bulljim, you have to buy a green marker and draw on your computer's screen these lines and then take a picture of it. And it's done :)))) super easy, it just takes a little bit of time
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