I think we found it! This could turn out to be a fake break above 1338 monthly key level shown in some ideas before. Today we broke it back down signaling 1331 - 1328 as a possible target. Let's not forget we have 1294 - and 1270 on the cards! The day before we broke up 1311 and then back down 1309 giving a target 1302. The only problem here is that I was too...
Have to Admit that I am early on this Ship. My lowest Buy is 1311 so the absolute DD is/was 33$ with the given H 1344. Today when Gold came back up after filling the gap, I was monitoring 1333 and praying it is not broken back upwards but did not happen. At 1334 I had to hedge so I can survive this. At the moment I will go aside a little bit, and wait for a...
1334 - 1335 become heavy on the intraday basis. There is a bear below these levels. All pivots are above close price. TG 1316.
What a Gap. Once it opened I was like 60% down on my account from 2 positions 1 @ 1311 and 2 @ 1317. Luckily I closed other positions before Weekend. We opened right in Monthly resistance aka Key Point 1337 1338. This move in new month is considered UP ( First Move is up ) If We don't fall from here I will have to give up. All eyes open to 1337 - 1338 I am not...
I am a little bit under water with shorts from: 1311 and 1317, and since the saying goes - 3rd time's a charm one more sell from 1321.66. Because we have a mathematical Double Top. Let's see is it worth something!
Mathematical Technicals? What is that? It is when Classy Technicals like channels, flags, lines, etc match perfectly with Mathematical trading levels! When setup is that beautiful as it is now, it will be awkward if it fails! But that is the beauty of the market to screw you right? But let's turn on wishful thinking and be positive. 1311 today become Almighty!...
I have to re-chart this because that was fast and may have turned out to be even better as expected. I came to charts minutes after opening, willing to execute a trade or put a stop order and all I saw was number 1320. Too fast and furious to execute anything. Good thing is I was waiting for Close before I post a chart! I wanted to do it before the close and...
I am not saying it is the real time to sell, but we could have a swing down. Levels are great for that. On opening first move up to 1310, 1311 then all the way down to 1306. This could be a very great trade, why? If you sell at 1310 you have 4$ dollar move at least! What you're doing next is you move SL to BE here comes your risk-free trade. And the beautiful...
99% of analyses consist of wishful thinking, because if we put our money on something we defend " our " way. 1300 the outstanding barrier where above everything is bullish! What if we break it up n down? Because we need to break above In August and then Close below? Like Alan Watts said that color is not green right? Wishful thinking may come true. Targets...
Based on Monthly Analyses Gold has tested 1254 monthly keylevel and failed to break it twice. On the other hand it has broken upside monthly keylevels giving the phase end at 1320. We have small accumulation targets 1293 - 1296 - 1306 as well. Now Gold is sitting on first monthly keylevel 1283 and cannot break down. For now I have bullish view and I think this...
Previous Idea: Updates confuse you so I'll break it down here. We reached 1290 like anticipated and that meant we will break 1287. Break of 1287 gives a signal to reach 1293. Then we test back 1287, and after that, we go up to reach 1293. So we tested back 1287 and now Gold is heading up again to reach 1293. 1293 is not an intraday signal so it does not matter...
On Intraday Levels Gold is currently giving a buying opportunity at 1284ish. Those working with Stops place it below 1280. Those working without Stops, buy here small again and hold. GL
As long as 1280 holds bulls are ok to Hit the SL for those shorting Gold.
As posted in Status Page I will be back in trading Gold full time in September. Not sure when exactly. Had to take 2 months off. Meanwhile I am actively trading the whole time with some peeps from here on another platform. Just want to remind to some of you that 1307 still remains unseen. This target takes too long to be reached, I do think this time we hit...
I was thinking a lot should I post it in Private Idea or Public, because I know such idea is the best recipe for people to have a blowout in the comment section, but I will swallow it I think. For the first time this year I had a chance again to use the Predestination Calculations because it needs special time. With the same type of analysis I called this...
Timing analysis. This is more for investor rather than a trader. If you trade this, turn down your leverage. This applies to Silver too. I did the timing analysis and they indicate gold price surge above 1300 within next 15 days from now. I have no idea what major news event ( fundamentals ) may cause it, but such price surge always needs something to trigger...
Comments: I am still looking for 1266 and trying to pick up the Entry. But on Trade 3# I mention that Gold needs to break out upside ( 1253 ) if not then may drop to 1231.5 So far looks like we are going there, but I still don't believe that myself, because 1231.5 came from an untested system. We will see. I do think Gold can open and make it to the 1245.00 giving...