Monday, July 28, 2014

8 hours slow stochastics

Monthly, weekly, daily slow stochastics still down. 8 hours of slow stochastics overbought and ready point down. Maybe this time gold will fall below 1280.


Friday, July 25, 2014

1300 resistance

Now 1300 is resistance. The question is can 1200 hold this time. If not things will get ugly. 

Tuesday, July 22, 2014

Waterfall

Monthly and weekly slow stochastics are pointing down. Looks like another waterfall is coming.


Tuesday, July 15, 2014

What really happened?

Here's what happened. I gave too much credit for weekly and daily indicators. When I made bullish calls monthly stochastics was already crossed and pointing down. I know I don't have to ignore the monthly slow stochastics. It's really good indicator. Glad I ended up with small loss. It was truly a noob mistake by me. 


Thursday, July 10, 2014

Gold bounced from 23% area.



Daily stochastics rising.



Monthly MACD is ready to cross and rise.