Edited by dharma, 10 August 2007 - 11:46 AM.
Senor now 50% long
#11
Posted 10 August 2007 - 11:45 AM
#12
Posted 10 August 2007 - 12:41 PM
#13
Posted 10 August 2007 - 12:50 PM
i am watching 145.62 on the hourly xau charts. it is where the 89pd ma comes in .it has capped the last 2 hours move i want to see a couple of hourly closes above that level, then i will think the lows are behind us dharma
Not impossible but the gold and silver trading looks muy bullish to Senor, so I favor the more bullish counts in the XAU. Of course this is muy tough and importante trading, so a trader takes their shots and see what happens.
NO BS
Senor
#14
Posted 10 August 2007 - 01:41 PM
#15
Posted 10 August 2007 - 01:43 PM
#16
Posted 10 August 2007 - 01:46 PM
i am watching 145.62 on the hourly xau charts. it is where the 89pd ma comes in .it has capped the last 2 hours move i want to see a couple of hourly closes above that level, then i will think the lows are behind us dharma
Not impossible but the gold and silver trading looks muy bullish to Senor, so I favor the more bullish counts in the XAU. Of course this is muy tough and importante trading, so a trader takes their shots and see what happens.
NO BS
Senor
Me too. But I think they are trying MUY hard to shake all the weak hands out of the gold market.
BSing away
Senor
#17
Posted 10 August 2007 - 05:32 PM
#18
Posted 11 August 2007 - 10:34 AM
the bullish case is this is all a 2nd wave after the apparent breakout failure being a wave 1 ?
Si Dougie, that would be the bullish count as Senor currently sees it. Of course things can change muy rapido.
BSing away
Senor
#19
Posted 11 August 2007 - 11:11 AM
The future is 90% present and 10% vision.
#20
Posted 11 August 2007 - 11:52 AM
That would make it a wave 3 of 3 of 3 I think, if it happened.
SWEET