TradingView
UnknownUnicorn540299
26 сен 2017 г., 11:03

Gold intraday 26.9.17 Длинная

GOLD / U.S. DOLLARICE

Описание

Next target upside = 1316. Retrace to 1310 after

Комментарий

Juicy stops @1310 zone. 1316-17 is pending sell zone for many.

Комментарий

I know many is short now based on "fade the news move" on North Korea.
I do not think that may do the trick this time.

Комментарий

1298.5 is the lower zone. If i am correct, price shall going up from there.

Комментарий

1298.5 is a 36 degree retrace from the 1312 level. If it holds it is perfect.

Комментарий

Daily cycle lows are boring. Very boring.

Комментарий

There are some sheep from Fed today speaking. What they say is not so important, but it may speed things up a bit.

Комментарий

If we get above 1305 we are home free.

Комментарий

I believe if u replaced the FOMC speakers with KIM, the result of the move will be the same.

Комментарий

And what about the dollar index? DXY is at what? 93? What was it when gold was @ 1375 last year? Oh yes, above 95. Lol.

Комментарий

63 - 36 + 45 = 72 -> 1316.5
lets see if that is how market wants it

Комментарий

I cannot help with the Yellen-spikes unfortunately. lets close green now.

Комментарий

This must be regarded a failure.
My upside target remains. Better perhaps pick a day where there is no Option expiry next time.
Комментарии
No_structure
gold will rise again at the end of the year, after FED meeting. Dollar is bouncing guys. Gold can't go higher.
UnknownUnicorn540299
@giuseppe.grande, What was the level of DXY when gold was 1375 last year?
No_structure
@viking83, yes gold should be much higer right now, if we consider the correlation with the dollar, but we are in the early stage. It is Like 2001. Correlation may shifted a little bit. Waiting to see EUR/USD at 1.14, AUD/USD at 0.77, USD/JPY at 114 and then the bull will start to eat all the bears around.
UnknownUnicorn540299
@giuseppe.grande, No doubt, both dollar and US10Y makes pressure on gold. But I have still one final cycle up before down into December. Normally, in a good bull, we should see yearly higher highs. Dollar has managed to be a good bear and made a yearly lower low.
So: up into mid october, then down through rest of year until FOMC.
No_structure
@viking83, Sounds good! Continue with your work man. It is a pleasure to read you.
lord_kinbote
"Comment: This must be regarded a failure. " - Wow, someone on TV who's trade does not work out as expected and they admit fault and don't disappear for a few days? Pinch me, I MUST be dreaming.
faronf
Probably see a pop soon.
Ещё