XAUUSD,D1 Diskussion om diagrammet

Badzi
Badzi Dec 11, 2012 at 20:07
The gold is going nowhere, today 950 pip range...I think that market wait for FOMC and that would decide the further move. All best guys, and thanks..
fxgenius
fxgenius Dec 11, 2012 at 16:57
http://postimage.org/image/ljk49k3jb/
fxgenius
fxgenius Dec 11, 2012 at 16:56
Check this image out of my analysis [url=[/img][/url]
fxgenius
fxgenius Dec 11, 2012 at 16:56
The direction this week for gold is bearish. The market has hit the Fibonacci 1.27% down swing on a small four hour swing. I think its best for us to wait until this retracement is over before looking for more shorting opportunities towards 1700
AS23
AS23 Dec 11, 2012 at 03:01
I am thinking of short trades too
fxgenius
fxgenius Dec 11, 2012 at 01:21
i think that we should short as the fibonacci level of support at 1675 has not been hit as yet
Badzi
Badzi Dec 06, 2012 at 21:29
Gold show some bullish momentum, but still Its below decreasing trendline, I will wait candle to close above 1706 to start buying, target 1790 (161.8% fib)
Badzi
Badzi Dec 10, 2012 at 21:14
Hi AS23 thanks for ineresting, as You see on H4 chart price broke trendline and also resistance (previous support). Look at daily chart, Friday candle is bullish hammer and that is the second hammer in a row, also we have some positive data from China. For me that is a solid Buy signal, and I will Buy on future dips. All best
fxgenius
fxgenius Dec 10, 2012 at 23:27
caution i think this market will be going down to fulfull the fib extension of 1675. Best I would recommend a short here instead as the usd index has strengthened itself against gold
AS23
AS23 Nov 24, 2012 at 00:23
once again it paid off to be patience. Consolidation finally broke out to the up side. Great ride, I hope you guys were on that train too. Have a good weekend
Badzi
Badzi Nov 29, 2012 at 19:15
Sorry for the late reply, I was on a business trip. I hope that you lock your profits as the market fell. For now 1700 offer a good support, I still believe that gold will go up, so we should look for a bullisgh candles.all best
AS23
AS23 Nov 20, 2012 at 01:27
So, like I said I have failed to close my "trade in range" trade and I have add to my position when it dropped to 1711 (having faith in weekly setup) and close it when approached 1723. Now, I still got my 1727 trade open and with previous success trade I am thinking about keeping this open, setup break even SL and add lots on pull backs. What are you guys thinking?
AS23
AS23 Nov 15, 2012 at 03:48
I still like my weekly pull back buy setup as well as daily momentum to the up side. Its struggle for last 3 days pulling back down what conforms our theory of bullish market. This struggle has created sort of consolidation. The bigger it is the more power full the brake out is. I have opened a long position (1726) trying to play this consolidation but I have failed to close it when it reached its upper level (would be easy 50-60pips) I keep it open but I would like to be there when the consolidation brakes. Good luck guys.