I'm taking a small long position here and looking to add to it tomorrow. The potential upside is quite good, with a target around the 1110.56 mark. I'll update with my 2nd entry tomorrow. Good luck if taking this trade.
Cheers, Ivan Labrie.
Komen
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6 point move so far, looks good.
Komen
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Slow day with neutral US GDP reads, but overall, we're headed up. If today closes above 1071.46 I will add to longs.
Komen
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Uptrend confirmed, and interesting bullish news tonight.
Komen
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Stop held, expecting a push up today.
Komen
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Stopped, watching for more developments.
Komen
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Today was a nice move but didn't confirm an uptrend yet. I'll watch the next daily bar, might our entry cue.
Komen
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Komen
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Gold, being the western world's enemy's asset, doesn't rally...Price action has been totally lackluster. Check Platinum out, it has a very strong uptrend. I gave my group a signal to go long at 866. It's also a nice one to trade as a pair with gold or silver.
Komen
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Turned up to be a shakeout...I missed the long but I won't miss the short (nor the short term uptrend continuation trades) See updated idea:
Was tired and made a mistake, entry was higher, 866.8 was stop.-
KVE
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Hello Ivan, I got stopped out of my long today. I switched to short based on a possible Cypher pattern, target 1062. Any updates?
IvanLabrie
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Yes, the rally has been a deception for now, same in EURUSD.
But it can still shoot up, I'm out but monitoring it.
KayJay
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Great
tst
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Hi Ivan, Looks a valid double bottom, Im looking at a target higher at 1130.
IvanLabrie
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Yes double bottom or W, same conclusion, except your stop is so wide...I use a different method for mine. Let's see how it goes, potential is big.
Cheers!
tst
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Still bullish pull back was only to 32.8 fib. low time frame flag set up possibility.
IvanLabrie
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Possibly, but I'm looking for a larger timeframe signal here. End of year short squeeze rally is highly probable.