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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Qingyu
manchester, UK
Posts: 1763
12 years ago
Oct 23, 2012 7:49
yap, 130 pips not bad, but could do 170.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 22, 2012 21:23
Hope you had some out of that Q.

Gold might have completed 5 down from 1798 level. LOD at 1714 today.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Oct 22, 2012 19:07
close at 88.7
lucky
ibadan, Nigeria
Posts: 377
12 years ago
Oct 22, 2012 18:36
Long oil initial target 90.90
Qingyu
manchester, UK
Posts: 1763
12 years ago
Oct 22, 2012 15:50
initial target for crude oil 88.1-3
DaveO
UK
Posted Anonymously
12 years ago
Oct 21, 2012 2:15
gotcha, If that is true I have 69.96 for ABC symmetry so we agree the math. The 4:C went higher than I would like for this count but it did not breach the territory of W.1 so RNE rule in tact. With this darned 2:5:C being a complex structure we should find that when we arrive at the 4:5:C it will be a simple ABC structure to comply with the rule of alternation. I suspect the impending 3:5:C will at least test the 79 pivot low level or maybe 75 level. Above 101 would invalidate this count (current 90.44). The 127.2% ext would be at 58.83 but this is difficult to visualise bearing in mind the economics of viable production.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 19, 2012 0:49
Yes on weekly a good triangle is evident. For your count tell me where your "C corrective pattern" started, what date, what price level ? Not sure what timeframe you are referencing for this.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 18, 2012 16:40
You might have to subscribe George for Ash pearls of wisdom but DvO is free :-)------

I see possible inverted H&S on daily timeframe with the R/H shoulder supported by 100dma. If true it needs to start motoring north quite soon to take out the neckline at c.93.80 ish. We still on the same ole page with this except that H&S, c'est possibla, n'est ce pas?
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Oct 17, 2012 17:51
Qingyu
manchester, UK
Posts: 1763
12 years ago
Oct 17, 2012 12:17
said, i recently lose money on aud and crude...