Gold Charting and Gold TA Chat

thatguy said:
Not specifically gold related, but if USD breaks to the upside down we go in gold **EDIT USD/JPY **

Also my first attempt at trading FOREX... wish me luck
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Another piece of the trade domination puzzle has been revealed. My guess is your gold trades are about to become a lot more accurate.

Thanks for your frequent posts on this thread. Best on forum.

Mr.G
 
Expect the 204k # to be revised down serverely to just above the 120k expected..... a game of creative accounting
 
1021_downdrafts.png
 
mmmm... have we just seen a retest of the lows?? Seasonals would say yes.... If Mondays open is below Fridays close I will be going long


on a side note... this is what trading should be all about
1021_trading.png

If only
 
thatguy said:
Wish there was a way to short BTC :(
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Yes, I mentioned this to a colleague a few days ago. I have been searching for a BTC short, but haven't found one yet.
 
1021_daily_gold.png

Gold daily

Top line is the one to watch. A fully daily candle above that one would be nice.... still looking for a bottom ~1141-1157
 
http://traderdannorcini.blogspot.com.au/2014/01/weekly-gold-chart-and-comments.html

TraderDan Brilliant as usual

Chart20140125075441.png


TraderDan said:
...From a fundamental perspective, if these emerging market credit concerns greet the market Sunday evening and Monday morning, one would expect gold to punch through and move higher. ( Remember the side note I stated repeatedly not too long ago and that gold needed something to dispel CONFIDENCE to kick it higher). That is what happened this week with the currency/credit issues in emerging markets.

Here is how I am looking at this right now - traders with a shorter time frame perspective should go with the flow on the daily but keep in their mind that the intermediate term chart shows a market with a BEARISH pattern. That means rallies are going to be viewed as SELLING opportunities until the weekly chart becomes positive. At that time, the mentality should change and dips should be bought.
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2014 FOMC Meetings
January 28-29
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That time again, expect BIG moves tonight... with all the coiling going on and gold close the top of the descending trendline and close to the 1180 double bottom.

Could see $18 silver tomorrow (finding it hard to see a bullish rainbow in this)

Emerging markets are being slammed.


Really dunno what's going to happen but it's going to be fun.


IMHO taper off = 1140ish gold and that is the entry point and up from there??!?!?@>?"L1111eleven
 
Bleh! lonely and quite but at least I'm makin a few coin :P .... ohhh look over there a bitcoin



... thanx jim

He waits for extraordinary opportunities, where the odds are so far in his favor, the position is like picking up free money.
 
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