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

[Wideboy]

Out at 916 for +6 🙂

 

[Mr.J-Arthur]

916? What the Heck?
You trading /YG ???
It hasn't hit 916 yet.

 

[Mr.J-Arthur]

USD making surging gains! Gold Longs be cautious!
Check out currencies ASAP. Euro struggling bad...

 

[Wideboy]

916? What the Heck?
You trading /YG ???
It hasn't hit 916 yet.

IG Index went to 914

 

[sujithsstorock]

Wat a melt down 😀

 

[sujithsstorock]

Gold still holding above 915 $. Tomorrow inventory expected so gold will be directionless until or unless it breaks below 914 $.Last hope for bulls is at 907 $.

Tomorrow 925 $ is possible.If this price comes after inventory,then extended target goes till 930 $.And if its before inventory,then that might be the last high before 900 $.

Crude
it has broken major trendline but got back in.Confirmation required if its a bear trap or real break out.Picture would be clear after tomorrow's inventory.

 

[Wideboy]

What and when is the inventory?

 

[sujithsstorock]

Tomorrow one hour after comex opening.


Should i be stating now itself that crude fall is finished and 135 $ + is next target? Guess it would be too early today.But if am true,you are going to nail its bottom now. 😉

 

[Mr.J-Arthur]

Are you trading the /YGQ8 contracts I assume?

What is the current Crude Oil contract ticker?
/CLQ8 is finished

 

[welshandy1]

Suji - What do you base your $135 on? I would love to believe Crude has reached bottom, and to ride it back up 🙂

But the bear mentality really seems to have kicked in, and if numbers are against it at 10:35 tomorrow, I fear we will be in for more downward pressure on both Gold and Crude.

 

[sujithsstorock]

Yes. If data goes against, its going down.Nothing is assured in market.But as all world is in bear mode,just think out of box.

I sold 3 lots when consumer confidence data was negative for gold @ 920.2 $.Exited all at 916 $ with 12 $ profit and covered that buys loss of 928 $.And still holding the buy 😉. Just asking my self . . Am i nuts ? Lol

 

[welshandy1]

good on you! :clap:

 

[sujithsstorock]

Yes. If data goes against, its going down.Nothing is assured in market.But as all world is in bear mode,just think out of box.

I sold 3 lots when consumer confidence data was negative for gold @ 920.2 $.Exited all at 916 $ with 12 $ profit and covered that buys loss of 928 $.And still holding the buy 😉. Just asking my self . . Am i nuts ? Lol

 

[Mr.J-Arthur]

Double post dude.

Can anyone tell me what the crude ticker is?

 

[Mr.J-Arthur]

Yvij-you hanging on? lol.

 

[zarif]

Arthur Ligt sweet sept at 121.60/67
brent at 122.31/35

 

[yvij]

Hey guys had a hell of a day!!! My PC and all my mobile phones was taken from my house today! I was down the police station all day and could not look after my Gold trade! I take it is down hen!

What to do next?

Anyone know what direction we are looking at tomorrow?

Where can I get more info on gold inventory?

 

[Mr.J-Arthur]

POLICE STATION?

What kinda trouble you gettin' into dude? or someone robbed your house and you're reporting it? that sucks either way.

I didn't even trade gold, I was working the mini S&P 500. Great trending movements.
We need some big hard hitting news to jolt some life into gold.

 

[patong]

IMPORTANT

please exit all longs at next rise..Gold aiming 920 $ this week.

Hi Rock,

Just joined this forum.

i think if gold breaks 910 we could be on our way to 850 ish

patong

 

[welshandy1]

Hey Yvij,

Here's a quick summary of the day for you... the Yen trades near 1 month low as Japanese investors flood to the States to get some of that good old USD, whilst at the same time the Euro & GBP both fall heavily against the greenback. With a strong US dollar, investors left Oil and entered stockmarkets, boosting indices around the world... and of course, as sure as Oil declines so does gold...

Or, even shorter summary: No major oil news scares, so oil & gold went down.

Sorry mate, you probably didnt want to hear that 🙁