Gold Gold Daily Video, September 27, 2019

[Sive Morten]

Good morning,

Gold is following to H&S pattern on daily chart, but it is too early for bulls to surrender:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Gold very overbought on Monthly..especially. I would not entertain Longs..unless declaration of War..! lol

 

[minimax]

unless declaration of War..! lol

But something has to be said, it became so wild and if it this was not just closing recent shorts.. However I think we close below 1480 today..

 

[minimax]

Reuters:
Trump considers delisting Chinese firms from U.S. stock markets

 

[Mohammed J Younus]

I really cancel my shorts watch H&S Pattern on daily, it was so nice with risk and reward but I took Sive Strong Suggestion and Drawn my account completely. Why would you suggest such a setup on such a strong moment?

Why you not showing and accepting what market has shown you and doing instead of predicting such a important day which didnt even retraced that much?

After that didnt even dear to do daily video and just passed it off the track.

Hope he is not dealing Desk with broker since he have such high number of followers and specially on such a important movement day. If you telling about news well that is how market is made of with news and event and price action together. He also talk about something will happen to trigger this and that.

So please stop suggesting wrong ways and just show what price is telling you also dont hide after that suggest people to take the next neccessry steps then posting another pairs. I cant get my money back now but I think this will help many others who blindly follow him or may be not talking of thier losses etc.

Many Thanks
Mohammed

 

[minimax]

Drawn my account completely.

No (other) comment!

 

[Sive Morten]

I really cancel my shorts watch H&S Pattern on daily, it was so nice with risk and reward but I took Sive Strong Suggestion and Drawn my account completely. Why would you suggest such a setup on such a strong moment?

Why you not showing and accepting what market has shown you and doing instead of predicting such a important day which didnt even retraced that much?

After that didnt even dear to do daily video and just passed it off the track.

Hope he is not dealing Desk with broker since he have such high number of followers and specially on such a important movement day. If you telling about news well that is how market is made of with news and event and price action together. He also talk about something will happen to trigger this and that.

So please stop suggesting wrong ways and just show what price is telling you also dont hide after that suggest people to take the next neccessry steps then posting another pairs. I cant get my money back now but I think this will help many others who blindly follow him or may be not talking of thier losses etc.

Many Thanks
Mohammed

Mohammed, I'm really sorry that my recent gold view was so harmful to your account. I'm always sick at heart when such things happen, when people feels despair and I'm a responsible for that. I'm not a prophet and could be wrong but when I'm wrong I never have fraudulent intent.

Partially this is just concurrence of circumstances as you have decided to rely on my view particular in a moment when I have become wrong.
At the same time, you have to be square at your judgement and share responsibility for loss as we were calling to buy until gold was above nearest Fib support levels. After the first plunge to major 5/8 level we put bullish setup on pause and took "wait & see ' position. Somehow you have followed our initial setup only but ignored updates and was keeping long position despite our warning when gold has dropped below 1506 area.

But one thing you're definitely right - I have to add a disclaimer on this subject to prevent future possible tragedies.