5 minutes guys strap in your seatbelts
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #19,130
- Jun 7, 2012 10:40am Jun 7, 2012 10:40am
- Joined May 2010 | Status: Trader | 2,693 Posts
hi cg uno,
i have notice b4
just check
http://www.forexfactory.com/showthre...48#post5702148
http://www.forexfactory.com/showthre...48#post5702148
my key point 1600 resistance of the previous monthly TL
and the old support at 1527 ..... So far, the support shelf at $1527 remains intact. There are now five touch points of this shelf, indicating its importance. When it breaks, gold prices should cascade lower. Today's high of $1630.02 is at the .382 retracement of the decline from the wave 2 high at...
patience.......
with the trend........cheer
- #19,140
- Edited 9:23pm Jun 7, 2012 6:38pm | Edited 9:23pm
Now look at DEC 9/12th of 2011, I thinks its pretty clear whats going on here, but look at Vladimir's prediction and you might get the idea here
))))))
Also to note based on how fast things unroll, it could very well happen that it completly passes the first target with smaller retrace then to the seconded target or stright to the second target. I just dont see to much happening tomorrow besides this above, why? I dont see the need for way the market would rush something and whats worse than dragging something into the weekend; it's like a commercial during your favorite movie! Better to scare everyone and let it simmer over the weekend, and let people think what they think is going to happen, but in reality it's not!! It's more like a game of chess setting up for the final kill, but first you must suffer a beating to get set up just right to take the beast position, becuase the first time it moved there just to quick and needed to retreat to rearm and reload. II really dont know what that all mean's to you, but for me it makes perfect sense!
Happened a little early, tomorrow might be a recovery day! Then next week! who knows but it's going down)
Also to add any little huge jumps at this moment are caused by the EUR/USD and the AUD/CAD. They will be moving sharp in both dirrections with minor control over gold.
))))))Also to note based on how fast things unroll, it could very well happen that it completly passes the first target with smaller retrace then to the seconded target or stright to the second target. I just dont see to much happening tomorrow besides this above, why? I dont see the need for way the market would rush something and whats worse than dragging something into the weekend; it's like a commercial during your favorite movie! Better to scare everyone and let it simmer over the weekend, and let people think what they think is going to happen, but in reality it's not!! It's more like a game of chess setting up for the final kill, but first you must suffer a beating to get set up just right to take the beast position, becuase the first time it moved there just to quick and needed to retreat to rearm and reload. II really dont know what that all mean's to you, but for me it makes perfect sense!
Happened a little early, tomorrow might be a recovery day! Then next week! who knows but it's going down
)Also to add any little huge jumps at this moment are caused by the EUR/USD and the AUD/CAD. They will be moving sharp in both dirrections with minor control over gold.