Jump to content



Photo

Gold Hit my $1211 Today... What is Next?


  • Please log in to reply
8 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 10:28 AM

1189

 

 


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 10:48 AM

EUR$   S1 - 1.10

 

             S2 - 1.08

 

Get ready for a rumble... it's coming soon.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 11:01 AM

Yep, we got all the signs... certain people make their appearance when the time comes...

 

Oops Janet, too much left rudder...

 

 

hith-hindenburg--E.jpeg


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 12:12 PM

Janet never wants a raise... EVER. 

 

This is getting more BEARISH by the minute...

 

It is a shortseller's dream, just love to see them run to drunken price levels on vapor trail volume like this...

 

4945 Nasdaq Gap Fill overhead...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 12:40 PM

yellen says rate hike in "coming months" may be appropriate
 
see, she's not thinking June
 
she's hoping it will go away
 
she wants avoid raising rates ahead of November IMO.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 01:11 PM

I don't see the V-Bottom here in gold, it's hanging around and consolidating 1211... setting up that next leg DOWN in the gold market...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#7 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 27 May 2016 - 01:24 PM

1189

 

 

 

Probable bounce at 1204 now, but if it doesn't ... Look out below...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 dougie

dougie

    Member

  • Traders-Talk User
  • 9,041 posts

Posted 27 May 2016 - 07:22 PM

It bounced
At 1209 area

#9 opinionated

opinionated

    Member

  • Traders-Talk User
  • 4,937 posts

Posted 28 May 2016 - 05:16 PM

1208 was THE fib number... I think 1175