What the Gold chart is telling you? Long from here?

 

I believe $1312 - $1317 range is very important. Above the range Gold is buy and below sell. Any new idea?

 
Yes


 
Shasankh:
I believe $1312 - $1317 range is very important. Above the range Gold is buy and below sell. Any new ideas?

Forum on trading, automated trading systems and testing trading strategies

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Thank you.


 
Sergey Golubev:

Thank you!
 
Sergey Golubev:

Dear Sergey Golubev,

I submitted a non-algo article keeping in mind algos could be created from it. Are such articles accepted for publication?

Thanks!

 
Shasankh:

Dear Sergey Golubev,

I submitted a non-algo article keeping in mind algos could be created from it. Are such articles accepted for publication?

Thanks!

You can write to the service desk asking the question. Because we (forum moderators) have nothing to do with the Articles, Signals and the Market for example.

 
Sergey Golubev:

You can write to the service desk asking the question. Because we (forum moderators) have nothing to do with the Articles, Signals and the Market for example.

Thank you. I was just asking.
 
Gold is trading just above the crucial level of $1312 - $1317.
 
Please, do not promote your seekingalpha blog on the forum.
 

Gold breached the level at the downside. Trend is down with 200 DMA gone. Next target is, according to me, $1200 minus in couple of months. Next immediate support range is $1285 - $1291, below which short-sellers will come back again.

 
The $1285 - $1291 range was respected. For how long, it needs to be seen. 
Reason: