My Gold Blog

Gold form a Doji Candle , Seems like lost bull power.

kllow16 — Fri, 20 Jan 2012 11:42:42 +0000

For those who have long yesterday should take profit at 1655 level. If market go sideway ” Ranging” . you may consider to go short at 1665 or 1668 level cut loss at1672. Take profit at 1665. For Long position … Continue reading →

Gold form power swing daily candle Top 1662 Level

kllow16 — Thu, 19 Jan 2012 05:12:43 +0000

Gold form a power swing daily candle ,expected market still bullish if break 1673 next level will be 1696.

Watch out for weekly fib 50% at ” 1719 ” Level . If not breaking 1722 level and form a daily reversed candle will be wave 3 downtrend, projection will hit market 1430 level.

For conservative trader Long at 1652 and Cut loss point will be 1641 for daily long position.

Gold Hit Yesterday Top at 1661. Form daily Doji Candle.

kllow16 — Fri, 13 Jan 2012 01:59:44 +0000

Gold form a daily doji candle ” Hanging Man ” suspected is a reversal sign. Trend change to short if break 1620. 1st Target will be 1580, follow by 1562 Level. For conservative trader can short at 1655 level stop … Continue reading →

Gold contiunue uptrend as projection. Top 1644 Level.

kllow16 — Thu, 12 Jan 2012 04:19:33 +0000

Gold break 1639 and stop at 1644. Daily candle still bullish. Support level at 1622 and 1626. Prefer go long at these 2 level. If Gold break 1617 will be your cut loss point. Target hit 1650. Go short if … Continue reading →

Gold hit 1639 Level and reversed as Projection.

kllow16 — Wed, 11 Jan 2012 02:13:49 +0000

Gold form a very bullish candle , Is good to Take profit first at 1633 or 1625 level.

The power swing downtrend did not perform seem like the trend is favor uptrend.

Since it form a uptrend candle, is better to go long at 1618 or 1625 level. Target at 1650.

If break 1614 have to cut loss.

Gold hit 1605 today. Form a reversed candle.

kllow16 — Mon, 09 Jan 2012 06:38:11 +0000

Gold form a pin reversed , best for short position at 1632 to 1638 level , I expect is a power swing downtrend. If break 1643 level have to cut loss. If break 1600 , go short.

Projection will hit 1592 level. If break 1588 level will be major downtrend for the whole week back to 1526.

Let see how it perform.

Gold Power swing as Projection 1597 level..Top 1623.

kllow16 — Fri, 06 Jan 2012 03:44:06 +0000

Gold form bullish daily candle as projection of yesterday power swing candle. 30min candle can see very clear about how power swing form ” V ” Top at 1623. If continue uptrend today will hit 1640 level before form a divergence candle.

Let see today how non-form payroll perform.

For those who long yesterday should protect profit at 1616 level. If break 1615 expect to hit 1605 level.

Happy trading.

Gold hit 1618 as Projection . Today form a power swing candle.

kllow16 — Thu, 05 Jan 2012 06:18:08 +0000

Gold have form power swing candle. ” I name it “. Is good to go long at 1596 to 1601 level and our target is to hit 1640. You may place your stop loss at 1590.

If break 1590 there will be a major correction retest 1562 support level. Let see how is the market direction.

Cheers

Gold form a divergence candle on daily time frame. Good to go Long at 1535 or 1562.

kllow16 — Fri, 30 Dec 2011 07:32:36 +0000

Gold form a divergence candle. We look at the level of 1523 and 1558. If gold break 1562 is a bullish move to go long. conservative user can long at 1523 place stop loss at 1517. Projection will be hit … Continue reading →

Quick update info – Rerversed trend on 4H Harami candle.

kllow16 — Tue, 13 Dec 2011 13:06:11 +0000

Gold reach the lowest 1651 today. 4h candle start form harami candle. the reversed trend is started if Gold break 1663 then it will start moving retrenchment to 1700 . Go Long if hit double bottom at 1653 or Go … Continue reading →