Jump to content



Photo

Gold is on the verge of a $50 move 1161 or 1261?

Better Get it right !

  • Please log in to reply
7 replies to this topic

Poll: Gold is on the verge of a $50 move 1161 or 1261?

Gold is on Verge of a $50 Move, 1161 or 1261?

You cannot see the results of the poll until you have voted. Please login and cast your vote to see the results of this poll.
Vote Guests cannot vote

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 31 May 2016 - 07:54 AM

I see some panic on the horizon... Will it be a buying or selling panic?

 

devil.gif

 

PLEASE VOTE


Edited by SemiBizz, 31 May 2016 - 07:55 AM.

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 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 31 May 2016 - 08:07 AM

cant it do both ;-)



#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 31 May 2016 - 08:21 AM

We want to know your best assessment of THIS NEXT MOVE...


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 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,863 posts

Posted 31 May 2016 - 08:47 AM

2116_05_27_35v51.jpg

http://www.kitco.com...ce-Narrows.html


Edited by Rogerdodger, 31 May 2016 - 08:49 AM.


#5 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 31 May 2016 - 12:32 PM

what is your call semi, talking a short before adp/nfp



#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 31 May 2016 - 12:38 PM

For today, all the economic numbers take a back seat to the GBP/USD trade...

 

We're just calibrating what that is going to be right now...

 

So study hard, this could go on for awhile.


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 31 May 2016 - 01:05 PM

what is your call semi, talking a short before adp/nfp

 

Well, this is old data now based on expired observation with this Brexit wrinkle...

 

But here was last night's Gold Special Update:

 

Monday Evening Observations... Gold contract tested 1200 with a low of 1199.0, coming on very light holiday volume, it looks as though someone is trying to engineer a bottom... While volume was strong, it backed off on Friday, and now we have this... little exaggeration.  So until we see more action early tomorrow, if they were successful here on reversing gold, the plan would be

R1 1226

R2 1248-52

R3 1261.


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 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 03 June 2016 - 07:35 AM

gold traded at 1211 ahead of the report...

 

Launching 1231 and climbing...


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