GOLD, likely to enter long in the upcoming hourly closing times
GOLD - ADX / ADM - TS V. 2.8.4 - Intraday Levels for the 07/09/2017
ADM - Average Daily Movement - Intraday Levels
entry on close 1H (hourly candle) ... if exceeded the indicated level
About the GCZ17 Contract - Dec '17
LONG it> 1344.02
TP1 = 1350.40
TP2 = 1357.49
TP3 = 1371.68...
Since my last post, my sentiment on Gold has completely changed.
I was awaiting a clear break blow the bottom trendline you can see on this chart. We did not get this - so I did not enter short. We infact got a heavy rally up from the last touch of this trendline, creating new highs and making me think Gold is back in Bull Mode.
From this area here (around the...
Gold has really been falling of a cliff this past week or so, with very little in the way of a pullback (for short entry) since the break of the bullish trend line around the $1230's area.
I know I have posted a few potential set ups where Gold could have pulled back for entry, but unfortunately they did not play out - which is not a problem, as we would not have...