FX_IDC:XAUUSD   Gold / US-Dollar
I believe the bottom in gold             is in. It may spike to the weekly lower Gann target @ 1262, but I find this scenario less likely, but if market absolutely want this, be my guest. I set my SL @ 1261 + slippage of 0.5.
Gold             is set for reversal on oversold conditions and bearish sentiment raging.

On chart is 3 interesting levels in white. Other important levels marked in green. Observe how price behaves at these levels.
It is finally time to bring in the two last bastards I have wanted to see this week; 1287 and 1303. The latter may have to wait until early next week, but 1287 is going to get captured this Friday, whether he wants it or not.

Heading toward 1321 -> 1333 -> 1348 -> 1377 -> 1400.

Good luck.
Kommentar: Its Flyday! Lol. Hope bears got their shorts up their a**.
Kommentar: White lines = strong resistance.
Kommentar: Today...
The spike will NOT be sold.
Kommentar: Price action at the 2 lower lines on chart
Kommentar: Above 1st strong resistance. I'd expexted more, but i cannot control time. My targets live on and WILL be met. Good weekend
LK controls time and he says, come out and play my little goldbugs.
GDX is going to retest the line!
giuseppe.grande giuseppe.grande
@giuseppe.grande, This is the last correction.
Your previous concerns became my concerns :) GDXJ did a deep failed cycle. GDX followed. EURUSD also printed a failed cycle. DXY has to take a breather after a long downhill and also has to confirm that this is already a new yearly cycle, which gives a minimum of 95.6 target and a maximum of 98.5-99. Why would Gold stay out of it? Of course the road is bumpy and mostly slow and nerve wrecking and anything is possible and the opposite :)
@Viking83, I get concerned if it goes below the W2 :)
epalazzo Viking83
@Viking83, This time Gold is lagging big time if we compare it to GDXJ, so it is not necessary for GDXJ to breach W2.
@epalazzo, We cannot automatically assume that XAUUSD should produce failed cycle just becuase GDXJ did so. GDXJ has a totally different wave pattern than XAU. So until the fat lady sings...! :)
epalazzo Viking83
@Viking83, I absolutely agree. I have not even looked at gdxj until you mentioned :) But GDX I know is more correlated with Gold. Ofc, unpatiently waiting the fat lady singing...! :)
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden