Gold daily..note range and 50% point.. is 1700.. prominent number in weekly mthly and 1/4 pivot ranges
EA based on Velocity/Acceleration 1 reply
High velocity 38 replies
Why does the GBP/USD have so much more Velocity than the other majors? 6 replies
Renko Bars - Alert for PA Velocity 7 replies
DislikedXAU USD / GOLD FORECAST
Two possible scenarios. QP test and break to 1750. Second scenario is break below 1585 resulting in initial downside target of 1530. Both options are a real possibility, so watching this space closely.
http://img585.imageshack.us/img585/8...sd02102011.pngIgnored
Dislikedhttp://img717.imageshack.us/img717/1...w130092011.png
Guys, this is my updated EU W1 forecast. We had a very bearish closing of the month of September this Friday. Very likely we will reach 2900-3100 area within several weeks.
On the chart you can see an important white line (sup turn res). PA is below this line, meaning TL rejection ---> PA will head lower now.Ignored
DislikedIf you are looking to short sell ECAD now, Ill look for initial test of 3940-3950 with a pullback and then will go down all the way to 3850.
So a safe entry is SHORT SELL ECAD @ 3933-37 SL 25 TP 3850. Good trade setup.Ignored
DislikedGuys, Gold, I'm watching this HTF scenario right now, zoomed out of the LTF for now.Ignored
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Ok I believe GOLD is being rejected @ Quarterly Pivot @ 1675 and true H4 DBL TOP is in the making. This should produce a strong reaction and send gold to 1585 & then lower.Ignored
DislikedToday trying to catch GU move.
GU LONG @ 5492 SL 20 TP + 125
alternatively
GU SHORT @ 5413 SL 20 TP + 75Ignored
Dislikedhy ruffriders.
on h4 a double top in gold.
you mean the goldprice go short till 1580?Ignored
DislikedWhat impact this sign may have on Gold? Will people go to a safer investment (Gold)?Ignored
DislikedGenerally, in a crash, dollar goes up, markets go down and gold goes up. So this should result in higher prices on gold.Ignored