I can see possible interim support between 1330 and 1335. Does anyone have the same?

Only Gold!

The clock method you use, how does it work? It seems like a great method.

Only Gold!

Yesterday it was a big green candle, today it's a big red candle. Is someone out there on the big boy trading desk trying to say something?

Only Gold!

Looks like the bulls set a bear trap, they could be targeting 1342/3 at least, but we'll see if they manage to break past that.

Only Gold!

Both EurUsd and AudUsd created a price gap lower on Asian open.

Only Gold!

Looks the price action is still triangulating, in which case my weekend has already started. Happy trading everyone!

Only Gold!

If it is a legitimate triangle, the PA will probably folly around between the two triangle trendlines for a couple of hours at least. My advice: set your orders, set your SL, set your targets then go and do something nice for the afternoon, catch up ...

Only Gold!

By the way, I see a triangle - how long will it take to finish? Your guess is as good as mine.

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I have to admire your transparency and openness on this thread, in your trades and your knowledge, both giving and requesting. A professional trader and market analyst is a student of the markets and that is the uppermost status in this profession. ...

Only Gold!

Guys wake up, GOLD is sneaking its way south, have the bears re-grouped? If so, get ready, they will not stop until all the longs have been savaged, and watch those bear claws.

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Yeah, seriously anemic PA, hard to monitor. Let's hope they burst into action at lunch time, after they have absorbed all the information and some more coffee.

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In fact, by 2004 there was a joke going around some traders at that time: every time Mr. G farted they would buy gold (or sell the dollar - same effect). The strategy worked really well.

Only Gold!

Let's see if Yellen can say anything to move the markets. Does anyone remember the days of Alan Greenspan? All he needed to do was open his jaw (no words would come out) and the markets would move big time. That's power.

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This could get spikey, it might even try for 1322/1326 before heading south again. Exercising caution, no big lots here.

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wow the gold bars fell through the floor boards....1290 is my first target.

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I can see resistance at approx. 1327, gold might try for a stab at that level on any rise.

Only Gold!

Hello, I think the high of 1331.99 on 17/2/2014 is probably enough for the bulls for a while. The price action over the last two days looks bearish to me, over the short term at least. I see 1290 as a first possible downside target, but could also ...

Only Gold!