e12568
Giá lên

Flight to golden safety - Playing the long game

COMEX:GC1!   Hợp đồng tương lai Vàng
New long trade setup from inside $1,296 to $1,306 range. After entry in range looking for gold             to challenge $1,360 high in a strong upmove. Given the resistance to dropping currently underway (backdrop of large drops in the stock market) I suspect gold             may barely get into my target long entry range so I will enter on any bullish pin bar at that falls into range.

On the hourly, gold             drop is not gaining momentum (closed my shorts because of it) which does not support any short trend trading. It looks a lot more like a falling wedge ( bullish signal) than a breakdown.
Bình luận: Getting closer to $1,306 long target with some whip action occurring showing the bull/bear struggle.
Bình luận: Long entry target target remains $1,306. Expanded bottoming range to fall from $1,315 (unlikely since prices are testing it but it is a 38.2% retracement) to $1,295 (50% fibo retracement). Looking for good bottoming chop and maybe a bullish pin at pin bar stretching below $1,300 and snapping right back.

Bình luận: Price into target long entry range. Looking for aggressive bottom action or pin bar.
Bình luận: Did we just witness a bullish daily pin bar? Just hit 38.2% retracement, got into my target long entry range (barely) of $1,315 to $1,295 with a target of $1,306. The daily low was $1,310 so a reasonable low. TSI converging but not crossed, RSI oversold but not aggressively so. Basic fundamentals say a DCL is in place and has pin bar confirmation
BUT I don't think it's over yet.
No long entry yet, I'm waiting for one move wave down and closer to $1,295 to get my long entry. If prices cross up over $1,335 I'm wrong and the uptrend is intact. With tomorrow being Friday, a last push down To $1,300 would setup a good bull next week. Let's see what happens.
Bình luận: Heading back into my long entry target range....
Bình luận: Not quite there yet, still looking for one more drop to at least $1,306 maybe $1,294 before long entry on a price action signal. Patience...
Bình luận: Watching for my long entry. The current price action is either a backtest of the hourly trendline and then a new wave up past $1,360, or a final drop to the $1,306 to $1,294 range for my entry. My money is on a final drop blowing back under the trendline before establishing a new choppy base.
Bình luận: Still riding the backtest trendline without breaking....no long entry yet I still expect one more breakdown back to my long entry range.
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Sàng lọc cổ phiếu Bộ lọc Forex Screener Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất