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

[artful_dodger]

why is it ticking up still...i thought nymex was closed?

 

[Wideboy]

I'm signing off now, back again tomorrow morning.
Ticking up slowly but keep an eye on 821, that is the point it may well turn and continue on down.

Good luck all

 

[sujithsstorock]

My terminal shows low of 917.65 Stops not hit necessarily in all terminals. It depends

i didn't see it hit the stop too. But wideboy updated as his target 817 $ hit.

Thats 2 to 1 now. I read 2 people saying stop not hit.

buy call still running !

 

[TrentT]

Thanks for your posts Wideboy - You were a star today!

 

[unniak]

817

you've mentioned 917 twice... do you mean 817?

Iam sorry, I mean 817

 

[cas84utd]

i didn't see it hit the stop too. But wideboy updated as his target 817 $ hit.

Thats 2 to 1 now. I read 2 people saying stop not hit.

buy call still running !

I saw 817.15 as my low.

 

[cas84utd]

Thanks for your posts Wideboy - You were a star today!

Agreed, absolutely spot on.

 

[mcrayeps]

you can go with the plan now yvij . Keep strictest stop. I hope this stop is not too wide for you. There is 20 % of stop being hit.

Ps : this is just to yvij !.

wow.. so wide stop
is this for MT call sujith?
i would like to buy, at around 810..
stop @804
thx then...

nice buy call with stop @817 (my lowest price is 817.15.. very nice)
but i cant enter the position because my brokrage is clossed already due to US-Labor Day...

 

[sujithsstorock]

Been quietly lurking for a while, and appreciate your efforts Suji and everyone, great info and insights. Thanks.

Would anyone care to share their thoughts on holding short Gold positions overnight tonight CET, and what you might expect when Asia opens in their morning.

Thanks in advance

thanks for the kind words.

Trail stop to 825.2 $ if holding the shorts.

 

[sujithsstorock]

wow.. so wide stop
is this for MT call sujith?
i would like to buy, at around 810..
stop @804
thx then...

nice buy call with stop @817 (my lowest price is 817.15.. very nice)
but i cant enter the position because my brokrage is clossed already due to US-Labor Day...

this is a MT just for him.

When i get 95 % sure about first target hitting , i will it as MT tomorrow

 

[mcrayeps]

this is a MT just for him.

When i get 95 % sure about first target hitting , i will it as MT tomorrow

Yeap.. thx
Cant wait for your MT...

Can I ask something sujith/wideboy?
Why are you choose to draw fibbo from 19Aug until 21Aug, and not redraw the high to 28Aug because at 28Aug, Gold set for the new high...
19Aug = 782
21Aug = 839
28Aug = 844

Thx

 

[sujithsstorock]

Yeap.. thx
Cant wait for your MT...

Can I ask something sujith/wideboy?
Why are you choose to draw fibbo from 19Aug until 21Aug, and not redraw the high to 28Aug because at 28Aug, Gold set for the new high...
19Aug = 782
21Aug = 839
28Aug = 844

Thx

this question is meant for wideboy. I didn't take any fib between 782 and 839 .

 

[mcrayeps]

this question is meant for wideboy. I didn't take any fib between 782 and 839 .

ahh.. i think that you draw the same with wideboy, because i saw that the fibbo 38.2 is at 817..
Can I know whats your point seeing that 817 can be a turning point?
As for study :smart::smart:


thx

 

[Sprawl123]

sujith saab can i ask what do u use for wti rolling contract charts?
tx

 

[sujithsstorock]

ahh.. i think that you draw the same with wideboy, because i saw that the fibbo 38.2 is at 817..
Can I know whats your point seeing that 817 can be a turning point?
As for study :smart::smart:


thx

thats a horizontal support line . A low was created there few days ago. It stayed there for more than 8 hours.

 

[sujithsstorock]

sujith saab can i ask what do u use for wti rolling contract charts?
tx

netdania.Net

 

[yvij]

you can go with the plan now yvij . Keep strictest stop. I hope this stop is not too wide for you. There is 20 % of stop being hit.

Ps : this is just to yvij !.

Thanks SRock, I will buy small amounts then range 812-818.

Crude also looks like it is baseing just under 111. I think with all the noise tomorrow about hurricane Gustav they may push down to 110 then it will bounce.

Whats your views?

 

[yvij]

Gold tested daily support line of 815 and has bounced should be good buy.

now 817.5. I will buy some here.

 

[sujithsstorock]

Thanks SRock, I will buy small amounts then range 812-818.

Crude also looks like it is baseing just under 111. I think with all the noise tomorrow about hurricane Gustav they may push down to 110 then it will bounce.

Whats your views?

if crude goes below 110 $ that would be ugly. It can give a big melt down. 110 $ must hold till tomorrow newyork for bulls to win.

 

[sujithsstorock]

Those who can accept the loss

buy gold around 819.5 $ stoploss 817 $ target 823-825-827.8-831-836-838-843 $.

Risky. Its trying to catch the bottom. Stop might hit too.

stopped out . Loss 2.5 $ .