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

[N2Metal]

Suji,

Is that 893 bottom and then trend back up, or is there another lower target? Thanks

 

[sujithsstorock]

sujit...i just got up is it too late to short?

wait to sell now. entry was 898 $. now wait for break below 883 $ .

Suji,

Is that 893 bottom and then trend back up, or is there another lower target? Thanks

no. tgts are still thr. i just gave it in rough calculation.

 

[sujithsstorock]

risky sell gold at 898 $ stoploss 901.5 tgt 895-892-887-882 $

2 tgts met.

 

[rodin]

still short rodin?

Good morning and yes. I hope to buy cheaply a call option 12000 DOW this morning. I expect DOW will rise in 2 hours before Wall St opens

edit

oops my trailing stop just went so I guess I will be back with you peeps after a shower and coffee

 

[rodin]

Hah stop was not hit it was $1 higher than remembered

now move 890.5

edit

Now stop is really gone and downtrend resistances broken 889-890 is decision line

edit

OK I take a break. DOW futs weakening BTW

A fine start to the day

 

[ejtrader]

anyone short crude? its been dropping like a rock

 

[funfun]

I think now it's the good time to go long (890). any ideas??

 

[rodin]

| think gold may be putting in 5 of 5 of the first up-move. Target would perhaps be a double top area. If it is a 5 it is a slow one and should fail. The spike down overnight was suspiciously like a wave 1/4 kiss goodbye

This gives silver a chance for $14

King is shorting to the mid 800 area. I think we will get there and more

edit

All depends how it breaks out of the triangle

 

[funfun]

| think gold may be putting in 5 of 5 of the first up-move. Target would perhaps be a double top area. If it is a 5 it is a slow one and should fail. The spike down overnight was suspiciously like a wave 1/4 kiss goodbye

This gives silver a chance for $14

King is shorting to the mid 800 area. I think we will get there and more

edit

All depends how it breaks out of the triangle

Hi Rodin,
thanks, so i should wait for rally and then short.

edit; it's getting real boring

 

[rodin]

Course I could be wrong but looks to me like classic sucker's day. They will push up pms and depress SM and get the punters on the wrong side of the trade then bam squeeze.

Hard to call top of PM rally here - if it is going to be a wave 5 failure. I watch for signs of -ve div and rising wedge

 

[maybedinero]

What was that £@*!%@* downwards spike at 4:30am all about? Wiped out almost all of my profit from yesterday, that's what .

 

[rodin]

Hi Rodin,
thanks, so i should wait for rally and then short.

edit; it's getting real boring

being bored is better than losing money

 

[rodin]

What was that £@*!%@* downwards spike at 4:30am all about? Wiped out almost all of my profit from yesterday, that's what .

That's what it was about

 

[funfun]

Hi Rodin,
if this is the up break out, what would be your target?

 

[rodin]

shorting with tite stop looking for $5

edit

plan to go long @ 894 rolling futures target to be confirmed (I know it already)

warning

spot and rolling diverge by up to $2 some times no idea why

 

[maybedinero]

@rodin: Same. Short at 897 & 899, with stop at 903.

 

[sujithsstorock]

Sell Gold At 898.5 $ With Stoploss 901.5 $

 

[bbillcee]

target?

 

[sujithsstorock]

Sell Gold At 898.5 $ With Stoploss 901.5 $

it didnt get executed. ignore the call.

 

[b_p4tel]

Sell Gold At 898.5 $ With Stoploss 901.5 $

just managed to get in at 898.2