gold seems a buy on the monthly chart

that hourly engulfer seems to be coming up any minute now. Beware I only will be keeping my positions just in front of the figures coming up later today where I will get flat again.

 

I overlooked some important details: this was in effect a short, not a long so reversed to short

 

and now it's a buy again ... grrrr

 

How about now?

 

Better block this OP.
He is getting unstable.

He is supposed to look at the monthly chart just once a month.
He is supposed to hold on to the position for years / decades.
Now he is looking at the chart every few seconds.

He is supposed to be a position trader.
Now he is a day trader.

What funny thing is he going to do next ?!?!
I am sure he will create many new threads (with lots of trading mistakes)
again (see his recent BTC thread).

It seems like you make about 10 major trading mistakes / day.
You will be making 2 000 major trading mistakes in a year.

The major trading mistake is a BIG NO NO!!!

 

still a short but wouldn't hold it through the figures ... too dangerous

 

it's starting to look like a hold short through the figures ...

 

Check this daily oscillator...

 

Either your doctor told you to cut down on your salt intake or you could perhaps splain what image is showing.

 

Fairly obvious Spot Gold hit resistance end last week which it, as yet, can't overcome:-