Thanks for sharing and clearing that out! It sounds like you are a momemtum trader whenever there are panic long spikes... but over all you rely on supply demand fundamentals for a long view..! Personally I think this is a trend changer...as yellen ...

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Nice... a forward looking thought!

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right now it seems like a doji is being formed on the 4hr chart... Wait for it to form...and once and (if) price clears on its upside..there might be room for the upside... During asian hours price usually does retrace a little bit! but by no means ...

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It sounds a lot like the MACD...except for Volume as opposed to price!

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Hey man! No need to apologize... I like opposing debate as long as it has some structure of logic! As long as no one takes offence; something good always comes out of it! No worries...The reason why I asked for your opinion in the first place was ...

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I`m sorry but please help me understand why are you using ETF like SPDR as a gauge... for future price direction and sentiment... have you read their disclaimer: SPDR Gold Shares does not represent that this information is accurate or complete and ...

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I don't like to call targets and that even on a daily basis! I`m more of a swing-momemtum trader... I only use major support resistance levels as cues for my broader bias! Right now as long as we stay above 1260 I will remain bullish and enter long! ...

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Which etf's are you talking about? Look at the indexes they all have rebounded...nasdaq is the only one which is down and there are different reasons for that! Todays fall was because of russias announcement of deescalation...and in the midst yellen ...

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Last few meetings she didn't indicate lower interest rates for a "considerable" amount of time... The mood was bearish! Plus the housing data is off concern to her... There is more happening here...The ukraine issue is just making the picture ...

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Well she said lower interest rates fora considerable amount of time; and housing market still not good.... This is very bullish news for all asset classes; very bad for usd and bullish for gold! If you look back at recent history gold after its ...

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haha! I enjoyed that one

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Thanks become lazy on the charts lately..hehe I'm curious to know what you think of yellens comments... Massively bullish? or tentatively bullish? EDIT * or still on the side*

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As long as gold stays above this trend line and above the 100 sma on the daily..the bullish bias is still in tact!

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The 100 sma on the daily has become golds savior off late! It always finds support there recently!

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Honestly past two years gold has been the worst instrument to play...especially these past few months.... Generally gold is choppy starting april to july! Try to find markets that are trending...those are the easiest to play! Hope I helped... Cheers ...

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If price retraces to 1302 (sma) and closes on the day above go long at the open of asia session!

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I would be careful with a long right now... let price consolidate a bit... the 4 hr candles are long in length..wait for a bullish candle for an entry or if the the price starts to spike up wait for atleast a close above 1302 on the day for a long ...

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I agree news is noise and ultimately everything gets priced into the charts and technical analysis is perhaps (the best filter)... but news is ultimately what drives PA and if the news does suggest something concrete; I guess that can be used as a ...

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This is what I have been pulling the hair out of my head over for the past couple of hours..we saw the spike in equities but not the fall in usd index. It's probably on autopilot and retracing on a techinical level but will eventually continue its ...

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This is going to dawn on people soon enough... Low interest rates for "a considerable amount of time" despite a good economy is going to be bad for th usd index and this will prompt continued interest in gold buying at both a retail and central bank ...

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