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Calls/Signals provided by "sujithsstorock" have earned me profit ?

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that is what is going on
a move to R1
back to the pivot
then down to S1
al pretty predictable
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as we said last weekend that price had nowhere to go uneless there was news
so it just tested supp and res all week
so far
imho
yeah..dont think you can expect too much uneless its over 200k...imho
the idiots tried to fool us today...they thought they could fool us into believing there was a new trend starting....
....we saw you
just moves between pivot..r1 and s1
they must try harder next time....lol
 
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some trends in spot gold
hourly data
$7 box size by 1 reversal..close plot
note the break of support at nfp last week..purple line

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a closer look at the 1 hour chart
now down to $2.50 box size by 1 reversal
the latest downtrend has a cluster /purple that shows trend res in 1278 area.the previous breakout point.I dont think we can know the direction until it tests the 160 supp from yesterday or the 1278 trend support area..looks negative but news can drive it,as we saw with nfp last week

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looking on to next week
flat lining with overhead horizontal resistance
horizontal support going down to 1250 area
1 month data shows an uptrend a down trend and the beginnings of a new uptrend/aqua
box size is $3 by 2 reversal ie $6 and you get a change of column
hilo plot...this seems to show the trends better
4 hour data
we will go down to lower box settings to pin point the decent areas where we can trade from
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so to find res areas /possible pivots
gone down to 60 min data
$3 by 1 reversal using the close plot
we have prev supp...could be res at 1308
trend res/purple at 1302
trend rs/red at 1296
horizontal res/breakout point at 1290..horizontal

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hourly data still
by going to 3 box reversal..it reveals alot more information
note prev supp/breakout point at 1308 area..horizontal purple
a 50% area /white horizontal at 1290 area..more like 1292
trend support /green at 1269 area
horizontal at 1260 and 1250 areas
1310 is trend res area/red
1330 area purple trend res
as it is a 3 box reversal..these are the preferred areas
news should dominate the major price action


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basically...the bulls will want to take it to 1308 area..they need to take it past the 50% area..possibbly 1292 ish first
bears will want to test 1269 and 1250
uneless there is big news
 
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a much better veiw of that move down
15 min data
box size is $2.5
by 1 reversal
the whole move had 3 minor downtrends
supp and res areas are easily picked off from this chart

24xgbyt.gif
 
this chart shows a very clear picture of price action
daily data
$20 box size ..shows the main trend that started approx 1 year ago
for the last 6 months price has been rangebound...albeit in a large range
ignore the numbers..they are dates and are irrelvant..the main action is the trend
at this point,the trend gets tested at 1340 area/res
then a prev horizontal supp at 1180-1220 area
that is it..

15ydxuh.gif
 
into next week
fomc minutes took the price down
spot gold 4 hour shows the latest downmove from 18 november
trendline cluster/trend res in 1256 area
horizontal/breakout point in 1250 area
minor trend/res at 1244 area


horizontal supp/aqua at 1234 area
there are lower horizontal supports from prev uptrend

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outlook for next week from the 4 hour data
the downtrend that started at beginning of November
$4 box size by 2 reversal hilo plot
purple is the main downtrend
red is the internal trend...that is being tested at 1252 area..that held it back on friday..we got the minor rally to resistance
a big area..trend res and horizontal res
there is horizontal res above at 1256 and 1264 areas
1264 being main trend res
bulls maybe getting confident now
horizontal supp at 1224 area
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15 min data showing the downtrend that started from res on friday
2mdwy8.gif

possible target of 1219 from that downtrend
trend res at 1229 area..this coincides with horizontal res
 
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