Disliked{quote} yes thats my first target too.. but first we must break 1.3200Ignored
1
Cable Update (GBPUSD)
- #559,824
- Nov 19, 2020 7:59am Nov 19, 2020 7:59am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} well, here i have to disagree with you. fundamentals for gold are strong as long banks are injecting money and interest rate are low. Below 1800? much better, good place to buy. In this environment central banks are not leaving much choice, forcing the money to get in those channels.
I won't lure into the trap of buying gold
If we hit another crisis, i'm pretty sure you'll see a big dump of gold to face indices margin calls
But i'm not very much concerned about gold, i don't trade it, and wait lower
COT: The precious data ignored
- #559,825
- Nov 19, 2020 8:01am Nov 19, 2020 8:01am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Back, "Out of the Cloud",
and Crossing the River on the 1Hr Chart, for SOUTH.
Free To Fly now. I saw my rules breaking & P.A. Falling like Dominoes for "Shorts" yesterday.
And so 'Entered accordingly, applauding Georginson last night & waiving the white flag.
'Stopped out in Profit South & Back in again Higher for More South.
We shall see. Only the 1.3180's begin to show some "Turbulence".
It will all take time though. -We shall see.
IF, This Pin Closes Outside of the Cloud, get Ready for some selling @9:00AM EST.
Happy Pipping, "All"...
and Crossing the River on the 1Hr Chart, for SOUTH.
Free To Fly now. I saw my rules breaking & P.A. Falling like Dominoes for "Shorts" yesterday.
And so 'Entered accordingly, applauding Georginson last night & waiving the white flag.
'Stopped out in Profit South & Back in again Higher for More South.
We shall see. Only the 1.3180's begin to show some "Turbulence".
It will all take time though. -We shall see.
IF, This Pin Closes Outside of the Cloud, get Ready for some selling @9:00AM EST.
Happy Pipping, "All"...
I will work to Objectively Identify my Edges
- #559,829
- Nov 19, 2020 8:12am Nov 19, 2020 8:12am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #559,832
- Nov 19, 2020 8:19am Nov 19, 2020 8:19am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} what happen when GU reach there?
But i'd prefer a bigger drop towards 2900 2700 2400 2100
COT: The precious data ignored
- #559,834
- Nov 19, 2020 8:21am Nov 19, 2020 8:21am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
gatenio my friend , gold almost hit my target ,still waiting 
yes yes yes
- #559,835
- Nov 19, 2020 8:22am Nov 19, 2020 8:22am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
We are trading near lows before NYSE opens. If risk off continues from yesterday, 1.32 will be smashed.
a "SUCK" Dow will be nice
GJ will pull GU w/a "Lanyard" by the Neck & the Order Books will begin to pile up "South".
I will work to Objectively Identify my Edges
{quote} I won't buy gold before a move below 1600 I won't lure into the trap of buying gold If we hit another crisis, i'm pretty sure you'll see a big dump of gold to face indices margin calls But i'm not very much concerned about gold, i don't trade it, and wait lower
- #559,838
- Nov 19, 2020 8:28am Nov 19, 2020 8:28am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} This is exactly a scenario I wait/hope for. If a scenario we saw in March is a guidance, gold will be sold off during the worst part of a crisis and bought aggressively after that.
They shall face a quick kick in the nuts....then it'll go up again
Classic story, rinse and repeat
COT: The precious data ignored
