Have a nice one CT!

Only Gold!

Sweet...thats well spotted... We have a little confluence then... The hidden divergence is still in play too! So we never know! This could be the turning point.. but one still should be careful!

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From a wave cycle perspective that makes sense... (Ièm not to shore about the floor there...) Im simply referring to the candlestick formations on the hourly chart that have formed in the last 3 hrs... they are giving a bearish signal; but the 100 ...

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The probability of going lower is a lot higher right now...so we just might hit your target. The 1hr chart candles posted in the 3 hrs are devastating. But I wouldnt be surpised if we spike up again above the 100 day towards the close of day!

Only Gold!

the 100 sma is the last line of defence! we must close the day above it! Otherwise...

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haha.. you see we can sit and rationalize about this all day...but in the short term the market will do its own thing. For the sake of rationalizing...Ill make an attempt too... honestly If he provides stimulus to juice up the economy and lower the ...

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The euro has seem to reversed too.. any sense in that

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You are welcome!

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Because markets are ultimately irrational in the face of panic... I think if i have to describe gold in a few words these days; its tunnel visioned, dyslexic and intensely gullible! trading when the 50 sma on the daily chart is flat is bound to lead ...

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sl hunting is what happen at pivotal moments...People are still very bearish it seems...

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Well in short... when price attempts to go in one direction but pulls back forming a hammer (pinbar) kind of candle on its close! basically to indicate a "counter pounch"

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Even though everything else seems to suggest that there should be an up day!

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Very bad candles being formed on the hr and 4hr... this is the moment of truth for the bulls...they need to reject the pull down...(rejection candle) otherwise we will hit the south pole!

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Ive never trading murray math lines myself; but why donèt you just draw your own support and resistance lines... to trade the 4hr draw support resistance lines from daily. To trade the 1 hr draw sp lines from 4hr and going down like that... I think ...

Only Gold!

Is this like a scanner for inside bars on mt4...can you please share it with us *sorry my question mark for some odd reason has stopped working*

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You mentioned a very good point on option expiry and even future contract expiries on the comex are important!

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Yes anything that can give you an edge... But I do want to digress here a bit that sometimes people can even overly complicate things... everyone is different and so is their approach. Some people can stick to a simple strategy and end up with ...

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haha! Yeah that was a crazy day! I dont know if you read the business insider link i posted for that day...Even people like Paul Tudor Jones were dumbfounded on that NFP movement! But yeah I agree it can easily retrace to 1295-1300 and then go ...

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hmm..yes maybe.. It looks like there is hidden bullish divergence on the verge of forming on golds 4hr chart; still a little early to say as the cross has not taken place; so maybe it can retrace lower! but if we get the hidden divergence; plus the ...

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