Technician
Long

Gold: Monster doji Hints Renewed Demand

FX:XAUUSD   Gold / U.S. Dollar
956 25 8
Update: first target hit, moved stop loss at break-even,
Update: Closed first half at first target=$20(200 points), second half at 1240(120 points)
Profit(points)=320


Major rejection at the neckline for the double bottom pattern, I am willing to buy weakness. Potential targets at 1248.00 followed by the 50-days SMA and 1265.00.
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Trade is active now, hopefully will play-out well
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In what way does a short and sudden price drop of 2.5% in a minute hint renewed demand?
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It's not the drop aethar, it's the rebound
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I see...
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well, good luck with that one.
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thx, tough one
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Update: Reached 99% of first target, so i moved stop loss to breakeven, and trading is still active
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Trade* is still active
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krystianfx Technician
I'm waiting with short at 1270:)
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Technician TOP krystianfx
Hopefully we will get there :)
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Update: first target hit, moved stop loss at break-even,
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Nice work, this was spot on, let's see what happens now!
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Still active ... zzzzz. this is getting on my nerves
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Major pin bars, i decided to close the other half at 1240
snapshot
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Finally,
Closed first half at first target=$20(200 points), second half at 1240(120 points)
Profit(points)=320
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I never considered the monster Doji as a significant candle. usually long legged doji's are incorrect orders that are filled. I believe this is the case here on this chart.
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WallStScalper PRO QuantitativeExhaustion
I see it the same way JR
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I'm getting closer to pulling the trigger on Silver SLV... need to see last drop before the big pop. Looks like Feb 1st will be the trigger date
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Technician TOP QuantitativeExhaustion
sorry for the late reply, what r u waiting for? taking 19.90 major resistance ?
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alex.a WallStScalper
me, too but somehow Technician got out with profits. Very lucky dude ~
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If at your place I would say thanks instead. But anyway I am really grateful for being so lucky.
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Stop Bugging ppl u and ur gang
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Technician TOP QuantitativeExhaustion
Could you please define what are incorrect orders?
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Feeling furious about this one, now second target is hit :|
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Good one Technitian...I must have been sleeping.....standing up that is.... :-)
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