Intraday / Swing Trading Gold.

[cvds16]

this is not a short if you ask me. Look at the 3H chart: ib at level.

 

[cvds16]

12H chart has IB too at level, but that still needs to break to the upside, so that needs some more waiting ...

 

[cvds16]

unrest in Korea could provide the fundamental reason we will go up ... although this thread is about technicals

 

[cvds16]

The uptrend has just been confirmed with a higher low on the hourly.

 

[themickey]

The uptrend has just been confirmed with a higher low on the hourly.

In your dreams

 

[cvds16]

In your dreams

yeah, I read that prematurely, now waiting for 12H ib to break to the upside to add to my position if it happens in the coming hour.

 

[cvds16]

2H chart is getting engulfed, it it stays that way at the close that's my signal to add because of higher low ... still 1H and 40 minutes to wait.

 

[cvds16]

watching 1H doji now to add, a lot of patience needed today ...

 

[cvds16]

finally bingo: added some when it went beyond doji @ 1257.80

 

[cvds16]

daily inside bar broke to the upside: more confirmation of the long position.