Gold Charting and Gold TA Chat

Discussion in 'Gold' started by Azure, Jul 26, 2012.

  1. thatguy

    thatguy Active Member

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    looks like a H&S on the gold... could mean further down side
     
  2. thatguy

    thatguy Active Member

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    $1755 support being tested... options expiry thursday.

    **Edit***... smashed we gonna see the %50 move everyone been talking about??
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    smashed

    [​IMG]
     
  4. smeagol

    smeagol New Member

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    WOW... i don't even know when to buy anymore... this is literally like a casino!!
     
  5. thatguy

    thatguy Active Member

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  6. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    So the golden cross is failed again?
     
  7. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    No. Silver just overshot its mark.
     
  8. thatguy

    thatguy Active Member

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    It's the correction we had to have :p
     
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Nice little short before bed.... :D

    [​IMG]
     
  10. thatguy

    thatguy Active Member

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  11. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Not sure, but I'm out for now - very wild and volatile.
     
  12. thatguy

    thatguy Active Member

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    Good Idea... am nervous about being long in this market (V tight stops set). Will close out sooner rather then later... more smack downs coming before Thursday option expiry IMHO
     
  13. thatguy

    thatguy Active Member

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    Well gold is look more weak, more volatile and more likely to breakdown then silver... tis a weird world we live in?! Can only think it must be options expiry shenanigans (closing longs here and adding shorts... tight stops) :) that for the oz JPM
     
  14. thatguy

    thatguy Active Member

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    Thank god for tight stops as here we are @1780 again... can it smash through??
     
  15. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Hmm looks like we have a spy here. Norm Friday smackdown not happening any longer......
     
  16. thatguy

    thatguy Active Member

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    Good time to place a couple of shorts here... I am in @1779.5 with stops @ 1783... likely hood of getting over 1783 before Tuesday (apparently OPEX) are slim in my opinion
     
  17. thatguy

    thatguy Active Member

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    well that run set the hook now to reel em in
     
  18. thatguy

    thatguy Active Member

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    first move is the fake out???
    $1793Au
     
  19. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

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    Possibly... As the actress said to the bishop; we will soon see!

    This just in on the wire;

     
  20. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

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    USD Just broke down under its bear flag - might be a fun evening!
     

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