Starting it off.
Cable hit 1.2220 area on Friday, so I am expecting some move to the upside, but will post any areas tomorrow, after the market reopens.

good one Al.....you should look at gld, gdx, abx, and nem....they have been giving triggers that prove the algo players are in gold

iwm

I am not sure, but the Cable might be done 10 pips above my 1.2130 area.
1.2155 level will bring answer. Another option is that they will throw it a bit deeper, into 30's, just to hit current LOD. Anyway, I am starting to look for an opportunity to go long.

Thanks, rat. I will do that.

Al

Cable is looking strong. It may hit 1.2240 today.

55 in play now. We will soon,,,

Originally posted by MarcinO

I am not sure, but the Cable might be done 10 pips above my 1.2130 area.
1.2155 level will bring answer. Another option is that they will throw it a bit deeper, into 30's, just to hit current LOD. Anyway, I am starting to look for an opportunity to go long.

Thanks, rat. Nice setup on ABX. Sad to say I missed it, I was looking at other charts, and then I did not have "my wits about me" to see that retest of the 200/ML. I am still watching golds, more closely this time, i hope.




Al : l

They hit 30's. If they wanna send it high they should start buying right away.

And there is some nice buying, especially for that time of the day and low volatility period.

After making a nominal new low this area is at about 1.2230 right now, if they gonna send it that high, but the reaction of 40 pips looks promising.

Originally posted by MarcinO

Cable is looking strong. It may hit 1.2240 today.

Click image for original size

Beauties!

Al