Gold calls.Long term -medium term and intraday calls in gold is here !.
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AC26XP
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Well… IMHO… gold is in a decision period right now (ie., to reverse of not reverse):
Flickr Photo Download: Gold Jun 11
Since the Jun 2 top, she has been in a down-trend, so does she continue to fall through the $945-ish support line indicated in attached chart... ?
In the past hour, she seems to be bouncing off support...
Thoughts ?
Happy trading,
AC
Flickr Photo Download: Gold Jun 11
Since the Jun 2 top, she has been in a down-trend, so does she continue to fall through the $945-ish support line indicated in attached chart... ?
In the past hour, she seems to be bouncing off support...
Thoughts ?
Happy trading,
AC
TBT Tuesday
TBT Tuesday
and now
http://bigcharts.marketwatch.com/ch...YMBOL_CHOSEN&nosettings=1&rand=811&mocktick=1
TBT Tuesday
and now
http://bigcharts.marketwatch.com/ch...YMBOL_CHOSEN&nosettings=1&rand=811&mocktick=1
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sujithsstorock
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shorted gold n all tgts met ..finally a dip below 940
nice work suji!
according to the CFTC reports friday, the commercials are short Gold 3.2 to 1.
it will be interesting to see how Gold reponds to Admadinejad's bizaar re-election and North Korea's threat to arm the nuclear bombs.
sujithsstorock
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this chart was posted on may 26. it hit 990 high n then this month start it entered below 960 zone. 919 is coming it seems..safe sl 978
francisfinley
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pullback in gold continues with mini h&s, dollar finding support. Maybe a break of $1000 will come later in the year?
sujithsstorock
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keep a buy in aud/usd at 8026 sl 7090 tgt 8055
sujithsstorock
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gold
we have got a close below 940.thus things looking weak. 925 is next hurdle..
below 925 919-905 are possible supports.stay in selling for the week.
A break above 945 and a close above 951 $ will reinvite 966+ targets.
silver
it has given a gap down opening at 14.7 $.seems like the correction is nearing. 14 $ is final support.
anytime break of 14.8 reverses trend back to 15.8-16.5 $
crude
a support lays at 70.4 $. a break and close below 70 $ will make us bearish to 65-55 $ tgt with safe sl above 74 $
short term holding above 70 $ can bring 72.3-73.8 $ again.No selling pls.
aud/usd
sell on rise..safe sl 8153 can show 7909 soon
gbp/usd
resistance is at 16393 and 16447 while break below 16314 can cause a retest of 16254
eur/usd
support lays at 13808 while resisitance is at 13888.looking indecisive.
daily view
we have got a close below 940.thus things looking weak. 925 is next hurdle..
below 925 919-905 are possible supports.stay in selling for the week.
A break above 945 and a close above 951 $ will reinvite 966+ targets.
silver
it has given a gap down opening at 14.7 $.seems like the correction is nearing. 14 $ is final support.
anytime break of 14.8 reverses trend back to 15.8-16.5 $
crude
a support lays at 70.4 $. a break and close below 70 $ will make us bearish to 65-55 $ tgt with safe sl above 74 $
short term holding above 70 $ can bring 72.3-73.8 $ again.No selling pls.
aud/usd
sell on rise..safe sl 8153 can show 7909 soon
gbp/usd
resistance is at 16393 and 16447 while break below 16314 can cause a retest of 16254
eur/usd
support lays at 13808 while resisitance is at 13888.looking indecisive.
daily view
sujithsstorock
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sell gold at 935 n 940 sl 945 tgt 927-912 Activeintl - Home
sujithsstorock
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1st tgt almost done :clap: book partial trail sl to 933.8
sujithsstorock
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june 16
gold
we have got a close below 940.thus things looking weak. 925 is next hurdle..
below 925 919-905 are possible supports.stay in selling for the week.
A break above 945 and a close above 951 $ will reinvite 966+ targets.
june16>>yetsreday it kissed 925 n took support.Now we expect a small bull run towards 940-955 levels.
buy on dips with safe stoploss below 925.
our clients sold at 935 n booked at 1st tgt 927.
silver
it has given a gap down opening at 14.7 $.seems like the correction is nearing. 14 $ is final support.
anytime break of 14.8 reverses trend back to 15.8-16.5 $
june16--> today silver is staying baove 14 $. buy for tgt 14.5-14.8 while a break below 14 will cause 13.7-13.5
crude
a support lays at 70.4 $. a break and close below 70 $ will make us bearish to 65-55 $ tgt with safe sl above 74 $
short term holding above 70 $ can bring 72.3-73.8 $ again.No selling pls.
june16-->crude crossed 70 to kiss 69.5 , but managed to close above 70 $. today we expect a quick bounce up till 71.2-72 region.
aud/usd
sell on rise..safe sl 8153 can show 7909 soon
june 16-->yetserday's low was 7869..!! 7900 is decisive point. above tht level 8010 n below that level,7865-7810 are supports
gbp/usd
resistance is at 16393 and 16447 while break below 16314 can cause a retest of 16254
june16--> resistance of 16447 stayed yesterdays high was 16433. then below 16314 it gave a low of 16216
today we expect 16275 to stay.so one should look to buy.resistances are 16369-16408.
eur/usd
support lays at 13808 while resisitance is at 13888.looking indecisive.
june16-->13750 should hold for the day. resistances are 13860-13909.while break below 13750 leads to furthur down fall.
USD/INR
june 16-->48 !!.. he is the king now. above 48 it will shoot to 49-51.2 while as long as 48 stays, 46.5 is tgt.
INDICES
DOWJONES
june 16-->MT outlook is bullish for a tgt 8920. as long as 8175 stays intact we hope to see bulls running up to sky.
SP500
june 16-->anytime break above 960 will bring 1000 .
but a more likely scenario is a dip to 890-900 levels.as long as 875 holds, thr are full chances of cross above 960
DAX
june 16-->it has fallen from 5050 till 4875. now we expect a small up move but again its a sell on rise as bttom is not at 4875.
we recommend to short at 4945 sl 4980 n tgt 4840. a break above and daily close abve 4980 hints for 5050 as tgt.
gold
we have got a close below 940.thus things looking weak. 925 is next hurdle..
below 925 919-905 are possible supports.stay in selling for the week.
A break above 945 and a close above 951 $ will reinvite 966+ targets.
june16>>yetsreday it kissed 925 n took support.Now we expect a small bull run towards 940-955 levels.
buy on dips with safe stoploss below 925.
our clients sold at 935 n booked at 1st tgt 927.
silver
it has given a gap down opening at 14.7 $.seems like the correction is nearing. 14 $ is final support.
anytime break of 14.8 reverses trend back to 15.8-16.5 $
june16--> today silver is staying baove 14 $. buy for tgt 14.5-14.8 while a break below 14 will cause 13.7-13.5
crude
a support lays at 70.4 $. a break and close below 70 $ will make us bearish to 65-55 $ tgt with safe sl above 74 $
short term holding above 70 $ can bring 72.3-73.8 $ again.No selling pls.
june16-->crude crossed 70 to kiss 69.5 , but managed to close above 70 $. today we expect a quick bounce up till 71.2-72 region.
aud/usd
sell on rise..safe sl 8153 can show 7909 soon
june 16-->yetserday's low was 7869..!! 7900 is decisive point. above tht level 8010 n below that level,7865-7810 are supports
gbp/usd
resistance is at 16393 and 16447 while break below 16314 can cause a retest of 16254
june16--> resistance of 16447 stayed yesterdays high was 16433. then below 16314 it gave a low of 16216
today we expect 16275 to stay.so one should look to buy.resistances are 16369-16408.
eur/usd
support lays at 13808 while resisitance is at 13888.looking indecisive.
june16-->13750 should hold for the day. resistances are 13860-13909.while break below 13750 leads to furthur down fall.
USD/INR
june 16-->48 !!.. he is the king now. above 48 it will shoot to 49-51.2 while as long as 48 stays, 46.5 is tgt.
INDICES
DOWJONES
june 16-->MT outlook is bullish for a tgt 8920. as long as 8175 stays intact we hope to see bulls running up to sky.
SP500
june 16-->anytime break above 960 will bring 1000 .
but a more likely scenario is a dip to 890-900 levels.as long as 875 holds, thr are full chances of cross above 960
DAX
june 16-->it has fallen from 5050 till 4875. now we expect a small up move but again its a sell on rise as bttom is not at 4875.
we recommend to short at 4945 sl 4980 n tgt 4840. a break above and daily close abve 4980 hints for 5050 as tgt.
sujithsstorock
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june 17
gold
june 15-->we have got a close below 940.thus things looking weak. 925 is next hurdle..
below 925 919-905 are possible supports.stay in selling for the week.
A break above 945 and a close above 951 $ will reinvite 966+ targets.
june16>>yetsreday it kissed 925 n took support.Now we expect a small bull run towards 940-955 levels.
buy on dips with safe stoploss below 925.
our clients sold at 935 n booked at 1st tgt 927.
june17-->as said on june 16, 940 was touched and then prices fell till 930 $.today again we expect bullish trend to prevail as long as 929 stays.
yesterday we bought in 2 parts, 1)935, 2)932 with sl 927.
covered 932 buy at 936.5 $ n holding 935 buy.
silver
june 15-->it has given a gap down opening at 14.7 $.seems like the correction is nearing. 14 $ is final support.
anytime break of 14.8 reverses trend back to 15.8-16.5 $
june16--> today silver is staying baove 14 $. buy for tgt 14.5-14.8 while a break below 14 will cause 13.7-13.5
june 17-->yesterday high was 14.4 $.again 14 $ is make or break. as long as it stays abv 14$ we expect 14.8
crude
june15-->a support lays at 70.4 $. a break and close below 70 $ will make us bearish to 65-55 $ tgt with safe sl above 74 $
short term holding above 70 $ can bring 72.3-73.8 $ again.No selling pls.
june16-->crude crossed 70 to kiss 69.5 , but managed to close above 70 $. today we expect a quick bounce up till 71.2-72 region.
june17-->again we were correct.yesterday 72.5 $ was high !!. today we dont expect any rise above 72.5 $ till newyork opening. crude inventory is pending.
aud/usd
june15-->sell on rise..safe sl 8153 can show 7909 soon
june 16-->yetserday's low was 7869..!! 7900 is decisive point. above tht level 8010 n below that level,7865-7810 are supports
june17-->major support lays at 7872 and 7812 and resistance is at 8089 and 8142. we recommend to buy on dips.
yestreda our call was "buy aud at 7970 sl 7930 tgt 8033<<this call missed entry by 10 pips".
gbp/usd
june 15-->resistance is at 16393 and 16447 while break below 16314 can cause a retest of 16254
june16--> resistance of 16447 stayed yesterdays high was 16433. then below 16314 it gave a low of 16216
today we expect 16275 to stay.so one should look to buy.resistances are 16369-16408.
june 17-->as we said..it was a buy yesterday low was 16350 now its 16467. again we eexpect bbuy on dips with safe sl 16350.
while break below 16350 can bring 16215 levels.
eur/usd
june 15-->support lays at 13808 while resisitance is at 13888.looking indecisive.
june16-->13750 should hold for the day. resistances are 13860-13909.while break below 13750 leads to furthur down fall.
june 17-->13800 shuld hold for the day. we expect 14200 levels soon.
our yesterdays call>>"buy eur/usd on dip at 13800 sl 13765 tgt 13888<<this call missed entry by 2 pips for us. but tgt was met"
USD/INR
june 16-->48 !!.. he is the king now. above 48 it will shoot to 49-51.2 while as long as 48 stays, 46.5 is tgt.
june 17-->yesterday it didnt stay above 48. we need a daily close above 48.untill then same view.
INDICES
DOWJONES
june 16-->MT outlook is bullish for a tgt 8920. as long as 8175 stays intact we hope to see bulls running up to sky.
june 17-->we update this after newyork opening
SP500
june 16-->anytime break above 960 will bring 1000 .
but a more likely scenario is a dip to 890-900 levels.as long as 875 holds, thr are full chances of cross above 960
june17-->yesterday it dipped from 928 till 910 levels.our view is same as yesterday.
DAX(german 30)
june 16-->it has fallen from 5050 till 4875. now we expect a small up move but again its a sell on rise as bttom is not at 4875.
we recommend to short at 4945 sl 4980 n tgt 4840. a break above and daily close abve 4980 hints for 5050 as tgt.
june 17-->will update this after newyork open
FTSE 100
june 17-->4373 should hold for the day.
gold
june 15-->we have got a close below 940.thus things looking weak. 925 is next hurdle..
below 925 919-905 are possible supports.stay in selling for the week.
A break above 945 and a close above 951 $ will reinvite 966+ targets.
june16>>yetsreday it kissed 925 n took support.Now we expect a small bull run towards 940-955 levels.
buy on dips with safe stoploss below 925.
our clients sold at 935 n booked at 1st tgt 927.
june17-->as said on june 16, 940 was touched and then prices fell till 930 $.today again we expect bullish trend to prevail as long as 929 stays.
yesterday we bought in 2 parts, 1)935, 2)932 with sl 927.
covered 932 buy at 936.5 $ n holding 935 buy.
silver
june 15-->it has given a gap down opening at 14.7 $.seems like the correction is nearing. 14 $ is final support.
anytime break of 14.8 reverses trend back to 15.8-16.5 $
june16--> today silver is staying baove 14 $. buy for tgt 14.5-14.8 while a break below 14 will cause 13.7-13.5
june 17-->yesterday high was 14.4 $.again 14 $ is make or break. as long as it stays abv 14$ we expect 14.8
crude
june15-->a support lays at 70.4 $. a break and close below 70 $ will make us bearish to 65-55 $ tgt with safe sl above 74 $
short term holding above 70 $ can bring 72.3-73.8 $ again.No selling pls.
june16-->crude crossed 70 to kiss 69.5 , but managed to close above 70 $. today we expect a quick bounce up till 71.2-72 region.
june17-->again we were correct.yesterday 72.5 $ was high !!. today we dont expect any rise above 72.5 $ till newyork opening. crude inventory is pending.
aud/usd
june15-->sell on rise..safe sl 8153 can show 7909 soon
june 16-->yetserday's low was 7869..!! 7900 is decisive point. above tht level 8010 n below that level,7865-7810 are supports
june17-->major support lays at 7872 and 7812 and resistance is at 8089 and 8142. we recommend to buy on dips.
yestreda our call was "buy aud at 7970 sl 7930 tgt 8033<<this call missed entry by 10 pips".
gbp/usd
june 15-->resistance is at 16393 and 16447 while break below 16314 can cause a retest of 16254
june16--> resistance of 16447 stayed yesterdays high was 16433. then below 16314 it gave a low of 16216
today we expect 16275 to stay.so one should look to buy.resistances are 16369-16408.
june 17-->as we said..it was a buy yesterday low was 16350 now its 16467. again we eexpect bbuy on dips with safe sl 16350.
while break below 16350 can bring 16215 levels.
eur/usd
june 15-->support lays at 13808 while resisitance is at 13888.looking indecisive.
june16-->13750 should hold for the day. resistances are 13860-13909.while break below 13750 leads to furthur down fall.
june 17-->13800 shuld hold for the day. we expect 14200 levels soon.
our yesterdays call>>"buy eur/usd on dip at 13800 sl 13765 tgt 13888<<this call missed entry by 2 pips for us. but tgt was met"
USD/INR
june 16-->48 !!.. he is the king now. above 48 it will shoot to 49-51.2 while as long as 48 stays, 46.5 is tgt.
june 17-->yesterday it didnt stay above 48. we need a daily close above 48.untill then same view.
INDICES
DOWJONES
june 16-->MT outlook is bullish for a tgt 8920. as long as 8175 stays intact we hope to see bulls running up to sky.
june 17-->we update this after newyork opening
SP500
june 16-->anytime break above 960 will bring 1000 .
but a more likely scenario is a dip to 890-900 levels.as long as 875 holds, thr are full chances of cross above 960
june17-->yesterday it dipped from 928 till 910 levels.our view is same as yesterday.
DAX(german 30)
june 16-->it has fallen from 5050 till 4875. now we expect a small up move but again its a sell on rise as bttom is not at 4875.
we recommend to short at 4945 sl 4980 n tgt 4840. a break above and daily close abve 4980 hints for 5050 as tgt.
june 17-->will update this after newyork open
FTSE 100
june 17-->4373 should hold for the day.
sujithsstorock
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our gold shorts from 940 with sl 944 n tgt 930 running.
sujithsstorock
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book gold here at 1st tgt 930 sold at 940
