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Gold
12 years 10 months ago #6423
by Jackozy
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.
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
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
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
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
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

dl.dropboxusercontent.com/u/4899609/goldjune27th.png
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
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.
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