The ACD Method

No mention of your " A" monthly up in GOLD ? think you were looking at 1682 ???

 

My monthly A up in Gold is around 1719. We failed there this morning.

 

Was your Quarter A value..... which do you prefer !


Quote from Maverick74:

Gold is looking good. The weekly levels are 1601 and 1629. The monthly levels are 1571.5 and 1645.50. The QTR A up is which is our target btw, is 1682.

The gold monthly number line is +8 and the 5 day momentum number line is +9.

We are also seeing good price action in Silver, Copper and Platinum (PPLT for you home gamers).

 

Yeah, those were last month's numbers. LOL. I pay the most attention to the weekly and monthly numbers. We confirmed a monthly A up last month and failed at this monthly A up, for now.

My weekly levels were 1682 and 1703 for this week.

 

thnx


the fact that we had no real follow thru after ECB is telling.... think it sells off a bit.....

 

Overall Bonds and Notes down, Yen down, Gold up, Indices up.

Good NFP and we might see some upside? Or priced in?

 

well see tmrrw what happens.. not sure about Gold continuation up...

 

Major breakdown in the Dollar right now. Both through the monthly and the QTR A downs.

Gold and Silver major breakouts to the upside.

FCX leading the charge in the copper arena.

 

Euro breaking out here nicely above the monthly A up. Watch that QTR A up at 128.81.

 

That dollar breakdown to me is the most significant thing I am seeing on a long term time frame. Saw a major break of the uptrend into the quarter yesterday. Sliced right through the 200 day and quarter today!