Serkan G

gold gold gold....

FX:XAUUSD   Gold / U.S. Dollar
288 21 0
As far my expectations came out......this should be what will happen from now on......the first flag down is already on the chart, we should wait till the second one appears and then it's time to buy......(it's possible that after the second flag it may rise only til 1341 then come back to 1332             and then rise till 1362)
after the second flag:: 1332-1341---->1315-1309----->1345
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alex.a Serkan G
serkan - What is your update?
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Serkan G alex.a
it will go down till 1332 then it might rise again till 1341 and after this level normally it should go down again till 1315-1309 (if it will not go down after 1341 the then go up is started and will end at the level of 1392-1388......)
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alex.a Serkan G
What is US PPI (Producer Price Index) of september isn't good ?
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Serkan G alex.a
i suppose the ppi data will be good.....
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alex.a Serkan G
Why? even Dollas Fed Manufacturing Index was not good, yesterday
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alex.a Serkan G
bad data but DXY is sky-rocketing ~ So, it won't go far ~
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Serkan G alex.a
USD
Core Retail Sales m/m
0.4% 0.4% 0.1%
USD
PPI m/m
-0.1% 0.2% 0.3%
USD
Retail Sales m/m
-0.1% 0.2% 0.2%
USD
Core PPI m/m
0.1% 0.1% 0.0%

not that bad
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alex.a Serkan G
Now, consumer confidence left to finalize where to move -
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alex.a Serkan G
They are controlling FX XXX.USD pairs with DXY, now ~ It cannot go far at this moment when DXY is this high -
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alex.a Serkan G
DXY passed 79.38 the previous high and now it is heading the 2nd previous 79.78.
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alex.a Serkan G
Bad US PPI will still drive down??? Or up and thebn drive down ~
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alex.a Serkan G
So, it sounds like as soon as the bad PPI comes out and goes up, at the top we should do sell???
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Serkan G alex.a
don't sell you're gold if 1347 will broken again then just follow the first 2 charts (1 hour adapted version and 1day with colour)
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alex.a Serkan G
Although there is a bad US data, DXY(Dollar index) isn't heading down. Rather it is going up ~
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Serkan G alex.a
http://www.marketwatch.com/investing/bond/10_year?link=MW_latest_news

people don't buy gold for the moment......will not to it till tomorrow.....just concentrate you on the ADP and CPI of tomorrow.....the others doesn't matter anymore......
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alex.a Serkan G
sekan do you have an email address that you don't use pretty much at all? I would like to chat with you during the trading. through yahoo. Is it possible for you?
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alex.a Serkan G
All major FX XXX.usd are not doing well at this moment. Very lukewarm response. Is it all due to dollar index data going up and up and up? Then, we should have bought DXY, shouldn't we?
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Serkan G alex.a
NOT AT ALL DXY WILL GO DOWN IN FEW /investing/index/dxy?link=MW_latest_news#
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Serkan G Serkan G
DXY WENT DOWN AS TOLD......AND ALSO GOLD WILL CONTINUEING GOING DOWN
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CLOSE THIS ONE........FOLLOW https://www.tradingview.com/e/VZtNTcd4/
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