要錢要命？

piggy3616

what is your plan when market open ar
JL1 發表於 2010-6-1 02:32 AM

Today (Monday) is UK and US holiday..... and therefore today gives little reference to gold price.

But from daily chart, you can see from 21st May, gold closed consecutively higher for 7 days, each day closed higher than the previous day.
If you see chart like this and still saying gold is falling......I have nothing to say.

However, gold must be able to break above 1,218 ....... then I expect we can see some more rally.
A closing above 1,238.7, will attract more buyer to rush in to buy (because that mean it has broken historical closing record high).

Whenever the price fall back to around 9 days MA, can try to buy.  (more safe to buy in this price).

Today (Monday), gold not even fall below 20 days MA, but maybe due to holiday reason....... therefore can't really state 20 days MA is a safe price to buy.

If you ask me to guess, I will guess at Tuesday night (HK time), we will see gold going up......

If you read 1 hour chart, select 'Line Chart', then you will see a head-shoulder-bottom shape is formed.  If gold can break above 1,218, its target maybe around 1,230 or more.

If gold try many times but still cannot break above 1,218, if may fall back to 4 days / 20 days / 9 days MA to seek support, after a support is found, it will save up energy and rise up again.

JL1

Today (Monday) is UK and US holiday..... and therefore today gives little reference to gold pr ...
piggy3616 發表於 2010-6-1 03:12 AM

thanks that mean you'll wait at low price to buy or over 1220 ar

JL1

  piggy   you're go to sleep la good night la sweet dream la  

piggy3616

thanks  that mean you'll wait at low price to buy or over 1220 ar
JL1 發表於 2010-6-1 03:21 AM

It is difficult to define the word 'low price'.............
If we are in a single sided rally, any price can buy.

If we see daily chart, all MA are in ascending order, then every time when it fall back to 9 days MA, can try to buy.
But when the price is rising....... normally it not fall back that far.  Such as today (Monday), it not fall below 20 days MA.

When gold fall to 9 days MA........ whether dare to buy or not......is another problem..........hahaha.....

Anyway, have to see tomorrow situation first.....

saxonwan

my place closed at 1:00 am

piggy3616

my place closed at 1:00 am
saxonwan 發表於 2010-6-1 04:24 AM

ic.
Normally MW801...... run 24 hours during weekdays ar............
just so happen yesterday is US and UK holiday...... therefore closed early ar.

So, you still have your buying orders?

saxonwan

still buying  ~.~
i see the chart the gold will rise ~~~ the gold good support on 1210

saxonwan

1120 now ~~~~if fall back 1117 take profit ~~~

saxonwan

see 1228 take profit ~~~~~

saxonwan

we can buy when see back 1214 - 1216 today,