Gold calls.Long term -medium term and intraday calls in gold is here !.
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sujithsstorock
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let fed dance get over now. so wait.
Now one wave up again and then down. isn't is suji
sujithsstorock
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hope so..!!! now only i saw my own chart again. wow....i really did see it
but its just a "idea" giver. never a call.
hope so..!!! now only i saw my own chart again. wow....i really did see it
but its just a "idea" giver. never a call.
I never make a call. I was just looking at the charts and made an immidiate reply thats why asked u 2 comment on that.
sujithsstorock
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i was generalising that ..never take a chart prediction into account for a trade.they are intended to give u an outlook of possible price swings. they never give u stoploss.
well 721 $ is my tgt for this down fall...and its our secret..!
Soumitra Bhose
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easily broke past 754. Up a little. Hold short?
Hi all had 2 go out 4 a bit
Indicators say to me PM bull is just starting so I don't really xpect lower lows now. best trade 2 day (apart from no hedge on silver upmove) doubled up CFM at 4.80. Closed nearly 7! (pence that is). Thinkey miners might show the way here.
Silver strong hit 10.20 target I see should of left a sell order 10.15 but went out in a hurry
Still nice to see silver held up well on retrace
more in a bit when I check charts
Great stop 777 Suj!
edit
10.16 not 10.20 looking at March so my sell would not have been triggered anyway
I have this Scottish frugality that keeps me setting stops and buys just a tiny but too tight sometimes. Must do better
Indicators say to me PM bull is just starting so I don't really xpect lower lows now. best trade 2 day (apart from no hedge on silver upmove) doubled up CFM at 4.80. Closed nearly 7! (pence that is). Thinkey miners might show the way here.
Silver strong hit 10.20 target I see should of left a sell order 10.15 but went out in a hurry
Still nice to see silver held up well on retrace
more in a bit when I check charts
Great stop 777 Suj!
edit
10.16 not 10.20 looking at March so my sell would not have been triggered anyway
I have this Scottish frugality that keeps me setting stops and buys just a tiny but too tight sometimes. Must do better
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Hi all had 2 go out 4 a bit
Indicators say to me PM bull is just starting so I don't really xpect lower lows now. best trade 2 day (apart from no hedge on silver upmove) doubled up CFM at 4.80. Closed nearly 7! (pence that is). Thinkey miners might show the way here.
Silver strong hit 10.20 target I see should of left a sell order 10.15 but went out in a hurry
Still nice to see silver held up well on retrace
more in a bit when I check charts
Great stop 777 Suj!
nice work today suji!! :smart:
sujithsstorock
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I cant fit EW to gold's recent upmoves. 4 5-wave impulses but some overlap where should not be. I am just going to say EW is being broken for now but so long as we see these 5-wave impulse moves it is bullish
First 5-wave move in other direction get very defensive
edit
OK quick study
possible floor at 750.2 - watch for signs of bottom there. Beyond that I see no EW support only uptrend support
First 5-wave move in other direction get very defensive
edit
OK quick study
possible floor at 750.2 - watch for signs of bottom there. Beyond that I see no EW support only uptrend support
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sujithsstorock
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zig-zag wave 4 of this fall? only wave 4 shows this sort of choppyness. on 4 hour chart .?? i am asking u as i have no idea abt elliote. but i am trying to understand ur lnguage style atleast.
I am shorting more from here. should I sujit?
what tgt have u kept?
Soumitra Bhose
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Sujith,SPX500 performing quite well, hovering near 950. Do you suggest long SPX500 and short gold?
sujithsstorock
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ur stoploss is 766 $
sujithsstorock
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i dont have access to spx500 . sorry
758 to 759
NYMEX just closed. that could be good for a few points north. 1/2 hour to the Fed decision a Fed rate cut can be interpreted as good for gold. Inflation hasn't subsided the way pundits tell us it has. The only price i see going down is OIL. All the related price hikes over the past year remain in place.
P & G just saw their earnings increase 8% because of price hikes. think they'll drop their prices? i don't. then there's food.
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Could be but HUI chart is huge powerful and says up.
Check my last posts to FACT
Gold & Silver Forum - View Single Post - FACT'S OF LIFE
Gold & Silver Forum - View Single Post - FACT'S OF LIFE
Gold & Silver Forum - View Single Post - FACT'S OF LIFE
and this thread
https://www.kitcomm.com/showthread.php?t=26749
C wot U think
