daily ranges - high to low or low to high

 DAILY RANGES  GOLD  SILVER  NASDAQ100  DAX  COFFEE  SUGAR  COCOA  
  SINCE AUG 18  12.5  00.25  104  150  02.75  0.35  66.5  

Here are average intraday price moves showing the 'volatility' to expect. Ex.: if it is 2 PM & Gold has already moved USD 14, it is less likely the Gold price would stretch further that day. Be happy to acheive intraday gains equal to an average.

intraday chart and comment

Gold shorter term

The Goldprice attempted again to trade up through resistance today, and instead retraced and turned south towards yesterday's and the overnight low.

This 10 minute line chart below tells where the Goldprice presently stands:

XAU10MIN

Technically, there could be three important price levels to watch shortly. If Gold trades up above 1.235 soon, there is quickly room to move towards the 1.300 level in the fastlane.

Any trading below the 1.224 level could trigger selling towards last week low @ the 1.212 area.

Looking at the red indicator - as long as trading is done below the red line, it favours the shortside. Trading above the red line favours longs. Gold needs to trade out of choppyness to start trending again.

I N T R A D A Y . S E

IMG_4240

 

quick question 1

You hold positions for?







quick question 2

You mostly trade?




GOLD INTRADAY

SILVER INTRADAY

NASDAQ 100 INTRADAY

DAX INTRADAY

COFFEE ONE YEAR

SUGAR ONE YEAR

COCOA ONE YEAR

GOLD SILVER RATIO

NASDAQ100 COFFEE RATIO

NASDAQ100 SUGAR RATIO