RoboCash

RoboCash Updated 

After observing triple bottom and last 1D candle. I am more confident of bullish swing now. Enter at market, SL below 1220. Any dips should be bought. First target 1249.

RoboCash

Nothing much to say really, join the momentum, either break up or down.

RoboCash Updated 

I am still neutral (a bit bias to bear) after looking at 1D candle. Until we have definitive move, we need to stay nimble. Trade what you see, not with your heart. No Emotions! This chart should be self-explanatory. We can re-enter at right shoulder around 1234-1236 with stop above 1239 and short all the way to the 1220 or even 1210 area. I doubt we can go lower...

RoboCash Updated 

I am Neutral about Gold. Looks like the price will hit 1249 or 1265 area before reversing. As a Bull, I am looking for pullback to re-enter, and as a Bear, I am looking at turning point today. So both parties might agree on a drop for today. I set a short order at 1249 and 1265, which target 1238 and 1220 respectively. Both stops at 1269. Manage your own...

RoboCash Updated 

** THIS IS A COUNTER TREND TRADE, Don't go big position yet, wait for momentum! Have your target clear and SL tight! ** Following up yesterday comment's. Today Gold closed daily candle which is a hammer. It is classic signal to short from the high. If this Bullish momentum is genuine, we can reload our Long at 50% or 61.8% at 1208 and 1201...

RoboCash Updated 

This is the overall update from last week. Price has broken important weekly resistance at 1225. Let's ride the wave and target next monthly resistance about 1238 and 1248 (another weekly resistance). Price can go up to 1225 (0.618 of monthly drop from 1337 - 1122). Always watch price action before deciding where to totally exit. Good Luck!

RoboCash Updated 

I still believe Gold is bullish above 1998. Until then, Buy the dips, especially at 0.5 and 0.618. Unless it trades below 1998 for 1-2 hours and we can assume there will be deeper corrections. * Chart title edited.