TPparadigma
Long

GOLD / The mistery 1265 / Temporary Bottom?

FX:XAUUSD   Gold/U.S. Dollar
2 months ago
If you are my follower u know that 1265 was what I called, but it became a mistery as I still research Transitions and timing.
There are fast transitions, and the ones that represent long cycles.
Market finally came down to see the 1265.
I call this a temporary bottom for gold             , and will go short only if 1262 broken giving new transition targets.
I said in my idea that bull is not fully released and if this wants to go up to some new fresh highs, it has to see 1265.
I am long from 1263, if Gold             bulls want to drive gold             up, you have chance now.
I still see the upper Permanent volume target to come first.
2 months ago
Comment:
GOLD / 1430 n 1180 / Reaction.
2 months ago
Comment: This is what Trump has to say about my idea - https://media.giphy.com/media/xTiTnHXbRoaZ1B1Mo8/giphy.gif
2 months ago
Comment: These transitions are always seen but you saw how long it took for 1265 to come.. This is what I still have to research and practice to know which transition belongs to longer cycle.. It takes years to understand and it is hard.. usually they are seen very quickly, but sometimes there are transitions that takes time to see. It is based on how they are broken, and depends on, do market come from target, or broke transition and didn't see the target. It is brainstorm guys. I will master it some day!
I am not sure will gold go up.. it can break 1262.. but 1265 was the temporary mistery target down here.. and since I am long I hope gold will not break lower to give new targets, because if we break 1262 - 1250 is on table, if we break 1250 - 1238 is on table.
Let the gold lead us now.. if it wants to go up.. it is the time, if it doesn't then break 1262 and let me short!
2 months ago
Trade active: Long from 1263 is active.
SL 1260
TP open
If 1262 broken, then flipp to short for 1250
2 months ago
Trade closed: stop reached: Stop reached! 1250 on our bear table guys!
2 months ago
Comment: Although this can be a fake too.. Give it some hour to develop.. This can be well played BS for now lol
2 months ago
Comment: Seems we have a nice fake break below 69. haha.. what a joke. Let's see where this closes.
2 months ago
Comment: Let's wait the NY close to say what is going on.. if it cross back above 74.. bull is confirmed.. For now that break below 62 was fake, stop loss killer.
2 months ago
Comment: Confirmed break should tag 1250
www.tpparadigma.com
shadowdancer01
2 months ago
You sure did and I think it went past just so you actually see it registered lol...good call...now let's see if it goes up from here or near to it
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epalazzo
2 months ago
:)
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fruitman82
2 months ago
Haha. Nice gif
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Viking83 PRO
2 months ago
1262 got broken,no?
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TPparadigma Viking83
2 months ago
@Viking83, when? The fake break? No.
fake break under 1262 then back up in next second is not considered to be a break.
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Viking83 PRO TPparadigma
2 months ago
@TPparadigma, Ah, ok. So the move above 1330 was also a fake break. What sepearates them? The time they stay in the zone?
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TPparadigma Viking83
2 months ago
@Viking83, Clear consolidation and stay below / above the level for some time..
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Viking83 PRO TPparadigma
2 months ago
@TPparadigma, Thanks.
It sure takes its time this shiny metal to produce some conclusive direction :)
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derict TPparadigma
2 months ago
@TPparadigma, What about the current 1621 level? does this consider as clear breakout too ?
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GoldBug777
2 months ago
Does that count at broken?
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rexon3105
2 months ago
any strategy for now?
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TPparadigma rexon3105
2 months ago
@rexon3105, for now wait..
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Viking83 PRO
2 months ago
looks like a pure stop-loss killer.
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TPparadigma Viking83
2 months ago
@Viking83, yep thats why we give it some time to develop... always be carefull sometimes break is fake.
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ja.piotr.bor TPparadigma
2 months ago
@TPparadigma, it was good point to take - I want to add at 1261 but when I was at my broker app it was 1266 - was too late...
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derict ja.piotr.bor
2 months ago
@ja.piotr.bor, same here...too late ...if it ever to go down to below 1262-5, is it still good to enter ??
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derict derict
2 months ago
i mean if again ..
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ja.piotr.bor derict
2 months ago
@derict, I have mine order at 1261.5 now made. It should comeback one more time to at least 1263-65
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derict ja.piotr.bor
2 months ago
@ja.piotr.bor, seems like its coming ...
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ja.piotr.bor derict
2 months ago
@derict, yeah... Today I'm very confused. I wanted yesterday to buy at 1270 - would be in huge surplus in morning but in downturn later on... And this laughable president. For me this should mean only one, but they fooled us again
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ja.piotr.bor
2 months ago
With this outcome I'm now 200% confident that the 'free' market, is manipulated and central steered as hell. Lol, I almost feel like comunism isn't over - it's here but with 'other' values - still all the same. Never you can be confident about outcome.
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i have this in long term, lets see how it does, so far its going smooth.
Short Gold
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ja.piotr.bor
2 months ago
Maybe selling is stronger for now...
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GoldBug777
2 months ago
MM had a great time today with GDX..
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Mannnassser
2 months ago
Amazing how price acts after elections ... technical methods are not working well these days ... better to stay away
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ja.piotr.bor Mannnassser
2 months ago
@Mannnassser, for me this is enough.
www.cnbc.com/2016/11/10/goldman-says-ride-the-reflation-trade-on-trumps-victory-by-selling-bonds-buying-gold.html

If Goldman said this - do otherwise for now at least...
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kidbroge
2 months ago
Noticed Silver hasn't budged. It's still over 18.5
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showerreport
2 months ago
Agree, the DXY and market will top at last week of November and then gold will shoot STRONGLY cica 1430 by mid December. Santa's rally. DXY at 102 and then tanking, HARD.
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leonarddavidson60
2 months ago
Bullion banks ( 5 major players with their counterparty at BIS) made an absolute killing today at Comex casino..no wonder they were loading shorts prior the election results..i have also re-loaded after NYSE close..and buying JNUG as im writing this..we.ll open with gap ,most probably in pre-market today as on the 9th..Good and profitable trading today!
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TPparadigma leonarddavidson60
2 months ago
@leonarddavidson60, I am short on gold
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leonarddavidson60 TPparadigma
2 months ago
@TPparadigma, congratulations !!! it was very good ultraday call..unfortunately,due to Asian timeframe where im based, i can only trade on NYSE in open or pre-market ...that is why im more of a swing trader ..still,i see gold pushing to 1265-1275 in NYSE day sesson on my charts..but current whipsaw action at the moment can be played both ways short and long..the amount of short contracts ,in my view,has been largely exausted by bullion banks in last 2 days..if history of their HFT trading may serve as any guide,they would try to get back on longer side before the end of day session in New York..because it is a last trading day of the election week..and on Monday their trading desks should have a new gameplan scenario to execute..
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eyeshot
2 months ago
Gold should rise minimum to 1290.4 (possibly also 1303.4) and on this level I go short again with target 1211.50 and 1204. 5

Now am long with
1. TP 1290
2. TP 1303
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