GOLD / Strong Transition Signal.

FX:XAUUSD   Gold / U.S. Dollar
Hello guys!
Although you saw my last charts about me being bearish , just because of that 1265.. I cannot resist and tell you that transition displacement is favouring long position. So maybe we test that 1291 and break it.
I will open Long from 1284 but keep sell open just in case.
Be safe!
Comment: I am exhausted... had a long day.. wont update this.. going for a nap. See you later.
Comment: Good Morning. Signal so strong price didnt even trigger buy limit. Seems that we are breaking 91 any time soon
Comment: I think I will buy the dip now after clear break! Around 1291.8
Trade active: I bought the Dip bro's! You have to Admit.... money flows in Gold.. Safe Heaven! Go with Flow guys! TP open but looking for 1310 now.
Comment: Do you bought the Dip? Or you are in from lower levels?
This is a open n hold trade guys for now!
Comment: We should see 76.4 which is 1310.. so it is Temp Target for now. Then if we break 100% ( 1321 ) next target is 76.4 at 1358.
If this breaks up n up n up.. I will add positions on almost every Dip!
Comment: We bought the right Dip guys! Move SL to BE!
Comment: They will try to short now!! 1295 is bear attack zone! Maximum DIP and POP! Watch this!
Comment: Yeap.. bears trying to attack... The new Pop is incoming!! Any time!
Comment: Once we break Transition TP & BO ... Hold Tighter!
If that happens.. I will add buy on the Dip.
Comment: I added to longs here! I want to be in when this pops thru 97!
Comment: Bears are working hard :(
Comment: Gold is waiting for all bears to get in and put the average SL.. so where the SL will be there the gold should pop!
Comment: Booya!!!
Comment: :d ok ok, I am getting emotional! No emotions!
Comment: We broke 97.. ! Booya!
Comment: Transition is still the KING. About 1265 it remains a mistery guys! And I should skip that. We cannot know was there a test of it or not.. It was too rapid! maybe there was a test of 1265 already.. for that you need precious tick chart to see that..
Maybe price tested is just a intermediary.. and cannot show that if that happened.. It is the only thing that can lead to BIG fail.. not seeing a real picture.. and this is the only thing that we have to be careful when working with transitions.

Anyway I hope to get the same transition displacement for next day.. If so I will open longs right on opening and don't wait for it to come lower.
Comment: When / if this gets to 1310 I will open hedge short there! 1310 will be a tough one for sure!
Comment: Manipulation going on again...
Comment: Cmoon.. this is not done yet! ;)
I want that 1310 at least..
Comment: idk should I bother opening hedge short at 1310.. this is looking like one big mad bull.. on steroids or viagra idk!
Comment: We bought the Right Dip guys!! Remember this Dip now.. that TP Paradigma weirdo guy told you :D
Comment: So far I am going along with it and recalculating transitions all the time.. nothing that suggests short so far..
Comment: Someone dumped 5m shares in GDX.. people going nuts.. exiting longs.. opening shorts... I am not doing that.. I hold my longs with BE! Either I get what I want, either I don't!
Comment: Seems the hobo with poor 5m shares wasn't able to do much for now!
Comment: Now it is quiet... and sure will be till FOMC.. Let's hold tight!
Comment: I am just in sooo big profits.. I cannot explain u guys how I feel!! I am up 24.8% today in just one day!! That Dip!!!
Comment: I have so many accounts.. I need trade copier.. I was too late to enter on my personal account.. as I was on rush with analysis and other things..
Entered only on 97.. but still it is not bad at all!
Comment: Okay guys it is 30 mins till FOMC.. I wont be here since I have to spend time analysing transition behaviour..
I am holding my longs and stops are on BE.. I won't go short yet nor I will close my positions now..
Like I said Either I get higher Either I get nothing is what I stand for!
Good Luck and lets see where the FOMC take us!
I have a feeling it should be ok!
See you later!
Comment: Holding Longs with BE... This is BS for now..
Let's see when the dust settles down!!
Comment: I got out.. took profit.. because this is greed otherwise..
I will wait for dust and this stupid mmanipulation to settle down and let's see what we get after NY close..
See them bears calling short.. ok ok.. let's see!
Comment: Well at some point I got at at the right moment.. At least took off nice profits!!
This is bs.. Will give a chance to re-long lower again.. lol
Thanks for today. Looking to get long again having exited a few hours ago. All the best.
I think more than 1291, channel resistance, it has to break through the clutter up till 1297. Then we're pretty much free to 1309. 1284 is a third way down the channel, it is a likely price that can come.
Hi TPP. We tested 1291 on the hourly chart and bounce back up. Isn't this confirmation enough that 1291 has been broken?
Hi TPP. I am holding from 1242 and also bought the dip. Good luck!
MetalCruisers fruitman82
You have a nice position there man!! It will pay you a lot!! Maximum respect! Im almost jelaous :D
+1 Reply
fruitman82 MetalCruisers
Thanks TPP. Let's hope it pays a lot! Respect
Closed yesterday my longs from 1255 at 1288 - got back in now at 1292
Got it at 1293, ready to hold it to 1304?
I think a lot higher bro.
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I have 3 positions. You go girl!!
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I have gazzilions of longs loaded up too!! We should print bad NFP bro!! This should be HUGE! Lets wait for Granny Today!! Enjoy the ride bro!! We should be good!
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Hopefully b4 FOMC and the rate announcement. I want to be flat for that. Or do I?
I won't close longs.. I set BE for them and thats it.
Will see where the price will be at.. I doubt it can make to 1310 so fast.. but if it will I hedge short there bcz bounce of there for sure.. And then when Granny talks.. I have buy sell with BE.. who ever gets hit.. Im fine with that!
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It was a heavy consolidation down there. Fighting the trend is dangerous in such early stages after intermediate cycle bottom :) Long and strong!
Agreed... Short can be painful
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Someone dumped 5m shares of GDX at 10:21:33..
RamzaBehoulve GoldBug777
Which was bought up within 15 minutes...
Hi TPP, many thanks for sharing your ideas! I know it is difficult to assess the correlation of JNUG to gold, but what stop loss would you suggest before the FOMC decision?
Hard to tell.. all my long positions are covered with BE.. Either I get it higher Either I get nothing!
+1 Reply
MartinX MetalCruisers
ok, understood
Are you thinking of realising the profit any time soon?
Haha your prediction was spot on. good shit
1306.19 is the price my daily signal gave me to go short a while back. Curious to see what action will be around this level. Rejection or blast off.
We're at the 61.8 fib of the high from 22/9. C'mon baby push through!
Bro .. short ... 1284..
Thanks for heads up.. I'll stick to my trading plan.. but always nice to see other views opinions!
vssree MetalCruisers
Your WC ... Bro.... I love your views... And keep update..
glad u booked profits. so did i before the meeting @1304. it was indeed a good day.
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