Gold calls.Long term -medium term and intraday calls in gold is here !.

[sujithsstorock]

Exit longs at 910 $. Stay flat.

 

[doberman]

wOULD YOU SELL GOLD AT 915 ?

 

[sujithsstorock]

No. I am waiting for 925 $. A break above may test 955 $ (crude factor plays here). So be watchful.

 

[doberman]

After the oil doing 140$ P/b It look likes 955$ If you would let me know when you make your move , I have oil on the short 139.72 have to be a pull back what you thoughts?

 

[sujithsstorock]

Oil pull back likely. Shorting is good. I will look for confirmation indicators. Then will post you but there seems to be a re test of supports.

 

[sujithsstorock]

After the oil doing 140$ P/b It look likes 955$ If you would let me know when you make your move , I have oil on the short 139.72 have to be a pull back what you thoughts?

crude have slight upper wedge as resistance at 142.6 $. A little up possible , say till 142 $.Break of 143 $ will be bullish.So suggested to keep strict stoploss at 143 in crude oil.

 

[sujithsstorock]

Risky. Gold sell around 915 $. Stoploss 923 $. Target 906-900-896-882-874 $ this is positional call.Stoploss is small.

 

[doberman]

Lost big time on oil (Short 138.84 / 141.57) looking some thing to trade trying to get away from oil.

 

[sujithsstorock]

Profit booking might happen in oil. So try to exit cost to cost

 

[zarif]

Short gold at 923 ( stop wide at 929) - want to fall say 915 - and will take some profit there and than ride down rest as till 888 zone. also positioning long USD/CHF and short eur/USD. lets see what happens

rgds
zarif

 

[sujithsstorock]

Sell gold at 923-24 $. Stoploss 926 $. Target 915.8 -912.5-910-907 $. Do with your own logic.

 

[sujithsstorock]

Low was 917 $ then hit stop.Market not showing weakness.

 

[doberman]

Low was 917 $ then hit stop.Market not showing weakness.

Do you think its to late to sell at 928$?

 

[sujithsstorock]

Don't sell till wednesday.Am eyeing 955 $. Stoploss 924 $. indicators are negative but am trusting crude's breakout.Confusing scenario .

 

[sujithsstorock]

Gold can re test 915 $ support before crossing 930 $ barrier.Alternatively ,if a gap up opening occurs on monday above 930 $ then he can see rally up till 940 plus.



Crude broke triangle formation with confirmation.It can kiss 146-148 mark in coming days.Alternatively,a break back to 138 $ can show 131 $. Thus it on knife's edge !

 

[sujithsstorock]

Risky

sell gold @ 928-929 $. Stoploss 931 $

targets
926 (trail sl 930 $)
925
922.5(trail sl 926 $)919.6
915(trail sl 921 $)
912 $
910.6 (trail sl to 915 $)
907 $ exit shorts.

 

[si1503]

Too risky here. I would not be fighting the trend (that goes for both Gold and Crude) purely due to the upside factors on both. But that is my style; position opposed to scalp. Oil to 170 shortly, gold back above 1000. I agree Gold could retest 915, this is where I will move if it does. I concur with oil to the high 140's in coming days.

 

[sujithsstorock]

Euro nearing upper triangle breakout.

Gold near breakout of resistance 930 $

if no gap up opening happens . . . A re test of supports is likely.
Then
Euro dips , gold dips and crude tests 139.5

i can take a risk of 2$. If it goes my way . . . We get rewarded nicel

 

[sujithsstorock]

Risky

sell gold @ 928-929 $. Stoploss 931 $

targets
926 (trail sl 930 $)
925
922.5(trail sl 926 $)919.6
915(trail sl 921 $)
912 $
910.6 (trail sl to 915 $)
907 $ exit shorts.

gold first target 926 $ hit. Take out 60 % of your lots.And re short at 928 $.

 

[sujithsstorock]

Gold sell at 927 $. Stoploss 932 $. Target 920-915-910 ^. Do with your own logic.