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12 years 10 months ago #6423 by Jackozy
Replied by Jackozy on topic Gold
Thanks remo.

Re updata, I think it's something to do with my FX feed subscription (gold is in that feed). Not sure really but I can't get pre-2008.

Thanks again for that chart.
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12 years 10 months ago #6429 by WaveSurfer
Replied by WaveSurfer on topic Gold
looking at this rally - personally i dont think its sustainable, like to see lower low in futures play, cash made a ll but not futures....

i'll be watching 1437/46 area, if it gets there....

all imo,

rgds WS

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12 years 9 months ago #6522 by Jackozy
Replied by Jackozy on topic Gold
I missed the chance to short this at the descending triangle resistance shown here on this 4H chart. There could be another chance on a breakdown of 1388.9 so I may look to that on a backtest:



dl.dropboxusercontent.com/u/20815047/FTS...s/GOLD4H06_06_13.gif
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12 years 9 months ago #6859 by WaveSurfer
Replied by WaveSurfer on topic Gold - Charting nice
well it got there in the end..... ;)

key area to look for may be a counter rally to kick off (in a bear)

$1192, 1151 & 1011



WaveSurfer wrote: here's the monthly view - long term target is in the greenzone once one red zone is cleared ;)

dl.dropboxusercontent.com/u/40497882/Gold%20monthly%20APR13.JPG

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12 years 9 months ago #6862 by remo
Replied by remo on topic Gold - Charting nice
im waiting for the perfect entry ...
This would be the 61.8 fib level at around 1160ish.
Theres 2 levels of support there so should bounce on a first attempt basis. So put that level in your diary :cheer: :cheer: :cheer:


dl.dropboxusercontent.com/u/4899609/goldjune27th.png
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12 years 9 months ago #6864 by Basementgeek
Replied by Basementgeek on topic Gold - Charting nice
$1160/oz is the level I had noted down also but I wouldn't mind it to fail and head to $900-700/oz to pick up some physical.

:woohoo:

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