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XAUUSD,D1 Chart Discussion

fxgenius
Dec 19, 2012 at 14:38

clixmoneyacc
Dec 19, 2012 at 13:38
Point D at about? 1640? something?

Badzi
Dec 20, 2012 at 10:33
Hi clixmoneyacc,thanks You for Your interest, I temporarily switched to daily chart just to show price reaction on 200 sma, and to see past support-resistance lines, we will switch ti H4 very soon. By the way I use D as my setup chart

fxgenius
Dec 19, 2012 at 13:17
Since a Daily Fib Extension has been hit @ 1675 we can anticipate bullish gartley retracement on the 4H time frame.

AS23
Dec 17, 2012 at 08:55
I base my analysis on consolidation brake out. Looking at the H1 time frame you can see weakness with the beginning of this week session, followed up by the solid bearish candle and a pull back. Daily time frame trade from last weak has reached target one level and struggled as expected, it is a time to move again. I also think our 1675 target is very possible to be reached. I have closed 2/3 of my trade already and reopened one lot at 1688

AS23
Dec 19, 2012 at 02:07
yes, entry 1691 exit 1675 and I wonder if we should trade it or let it go. What do you think?

fxgenius
Dec 19, 2012 at 13:15
I'm sorry i missed out on this big move and to make it worse we have been expecting 1675 to get hit now for the past 2 weeks

AS23
Dec 17, 2012 at 05:54
so guys what do you think of this week of trading? so far I am shorting at level 1690 Target 1678 but I might close sooner

fxgenius
Dec 14, 2012 at 13:55

fxgenius
Dec 14, 2012 at 13:54
http://postimage.org/image/h1itowirz/

fxgenius
Dec 14, 2012 at 13:54
short gold I'm still maintaining the limit of 1675

Badzi
Dec 14, 2012 at 15:36
Today Gold is in range between 1694 and 1700. At least I'd been waiting for breakout, but maybe not because is Friday and for several hours the market will close I generally do not trade at this time

AS23
Dec 14, 2012 at 06:42
no more trading for me this week . Weekend

fxgenius
Dec 13, 2012 at 14:38
I think our target for today for gold is 1675. We have positive economic report from the USD causing metals to go down.