gold advise

Jan 04, 2016 at 08:41
15,075 Angesehen
523 Replies
Mitglied seit Oct 11, 2013   775 Posts
Feb 10, 2016 at 03:56
A very good rally for gold, but the rally has been too steep and there could be a surprise bearish pullback.
Mitglied seit Apr 29, 2015   3 Posts
Feb 10, 2016 at 07:47
hmm, thanks all
Mitglied seit Oct 02, 2014   909 Posts
Feb 11, 2016 at 11:13
$1,233 could be a good time to go short.
Positivity
Mitglied seit Dec 11, 2015   1487 Posts
Feb 12, 2016 at 11:35
I think I might wait for it to retrace a bit (I hope it will) and then I'd rather go long, because with the way things are going it might reach 1300.
Mitglied seit Nov 14, 2014   3 Posts
Feb 17, 2016 at 08:06
Hey guys i went short from 1253 and pulled out around 1208. Made about 30%!
Map out all your trades
Mitglied seit Dec 11, 2015   1487 Posts
Feb 18, 2016 at 07:15
MagicalMan posted:
Hey guys i went short from 1253 and pulled out around 1208. Made about 30%!

Congratulations. I am considering opening longs around that level.
Mitglied seit Jan 14, 2010   2299 Posts
Feb 20, 2016 at 11:13
Good idea :) this pop doe snot look like previous pops. I would not short it :)

mlawson71 posted:
MagicalMan posted:
Hey guys i went short from 1253 and pulled out around 1208. Made about 30%!

Congratulations. I am considering opening longs around that level.
Mitglied seit Oct 02, 2014   909 Posts
Feb 20, 2016 at 19:28
Good trade.
Positivity
7sma
forex_trader_307036
Mitglied seit Feb 20, 2016   4 Posts
Feb 21, 2016 at 08:08
I would go short with a daily bar close under the ... can you guess?
Mitglied seit Dec 09, 2015   823 Posts
Feb 21, 2016 at 10:50
I agree, Gold will probably go down to test the support at 1190.
7sma
forex_trader_307036
Mitglied seit Feb 20, 2016   4 Posts
Feb 21, 2016 at 13:35
Nobody guessed! 7sma!
Mitglied seit Dec 11, 2015   1487 Posts
Feb 22, 2016 at 11:40
Of course Gold is going down, there is a hanging man candlestick on the weekly time frame, I don't know how I missed this.
Mitglied seit Dec 19, 2015   3 Posts
Feb 22, 2016 at 18:42
The answer to your question depends on the horizon you are interested in.

In the long term gold looks bullish.

But in the short term there is more downside.

But I get an error when I try to upload charts here...
Mitglied seit Dec 09, 2015   823 Posts
Feb 25, 2016 at 07:17
It appears that the long-term prognosis is the more applicable one for now. Of course, it has to break above the previous high to confirm the bullish term.
Mitglied seit Nov 14, 2014   3 Posts
Feb 26, 2016 at 11:16
Yeah i agree, long term bullish bias but short term bearish
Map out all your trades
Mitglied seit Feb 22, 2011   4862 Posts
Feb 26, 2016 at 12:13
These are very foggy predictions. Its short and long up an down.
Be a men and post prediction with specified prices for entry and exit.
Otherwise its completely blah blah
Mitglied seit Oct 02, 2014   909 Posts
Feb 26, 2016 at 17:07
Short position proved right.
Positivity
Mitglied seit Dec 11, 2015   1487 Posts
Mar 01, 2016 at 10:22
I have shorted again and my target is 1215.
Mitglied seit Oct 02, 2014   909 Posts
Mar 01, 2016 at 16:15
Sold at $1,237
Positivity
Mitglied seit Dec 09, 2015   823 Posts
Mar 06, 2016 at 09:48
It broke above the previous high, it will probably continue climbing.
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