I agree... but off late I think Oil has been a lot more easier to trade than gold... Look at the 4hr chart & daily chart; its pure support and resistance -- we also have a gap (window) on the left...it was so obvious that had to be filled and now ...

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Yes please start it! Thanks in advance !

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No worries...glad to help! Even though it goes without saying that this figure is already priced in the market... and a number that hits within that range should not affect Price that much... but the market has its way of spiking high or low and ...

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Hi Frietzak... I heard Adam johnson mention this on "lunch money"... Take a look in their bloomberg video clip feeds (it might show up soon)... Just check tomorrow's calendar at forex factory and see the forecast at -0.6. If I come across it; I'll ...

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I can see $100..but $85; hmmm... I think I better research the chart more deeply...If anything would be amazing to add more shorts... Thanks for the tip on twitter... Don't trade stocks actively... do you trade them as cfd's or actual stock?

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yeah bloomberg says tomorrows Prelim GdP is expected to be worst in 3 years... why do you mention twitter.. wti is a good short from 104.2...its testing resistance now; more downside expected 102.7

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i hold this bias... but i am watching usd index carefully.. as its broken resistance area and is looking very strong... it is a possibility that the correlation might break for short term.. as euro has broken key support area and is shooting the ...

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Good points...! For a bearish confirmation I'm not to sure its a pretty wide range of area we are talking about... if you look left to the SR area on the daily chart... (big range) 1215-1255)... very tough to short from there come to think of it... ...

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Quite possible...Have to see a convincing confirmation! That was quite an extreme sell off yesterday...

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I know... I suspect we might hang in here all day today... which can help in making a morning star for tomorrow... but seeing Pa hanging around here and posting doji's at the end of this sell off indicates; that sellers are taking a break... ...

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gone long 1265.... expecting retracement... first target 1275. second 1285. After which we should visit the south side again... stop in place 1258... *become restless after waiting so long - risking 1% of equity; targeting 1.5R to 2.5R roughly*

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I feel you man... its a hauntingly familiar feeling... which comes every now and then...

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Okay the volumes have slightly started picking up... Have to wait for PA to indicate a buy after some "consolidation" ( as much as i dread to say that word after the 2 month consolidation)

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A possible reason gold fell or rather is falling is due to futures and contract expiries....

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Testing times with the lower trend line broken... New york open is going to be interesting...

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Indeed its in a range... its been to depressing really...but an explosive move is on its way... it would be nice to see a final leg down... Its too hard to tell anything from this range pattern... in order to quote someone... just press "quote" link ...

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Ny will be closed today... memorial day and so was london... no point trading today on low volumes...

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Awesome! Kuddos to you...you did this all whilst binging!

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