Rosie Gold Algorithm Chart Model Tues Feb 13 $GC_F $XAUUSD $GLD $UGLD $DGLD $GDX $NUGT $DUST
Rosie the Gold Algorithm Model Charting Update Tuesday Feb 13, 2018 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Gold Miner Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel direction decision areas noted with purple arrows.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Gold / Gold Miner Trade Coaching
Important to new Gold traders and/or users of this algorithm model charting can be the opportunity for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader.
On our website there are standard one-on-one online coaching packages you can order (coaching via Skype) or you can request a customized package (reflecting the time you are wanting to invest in your learning). Keep in mind there is often a waiting list, but as students will attest, well worth the wait (if so).
To request a custom package most suited to your needs email us at [email protected] or click here for a standard private trade coaching package. Other options for coaching include online webinars for members (from time to time), private on location and in-person coaching sessions at our new trading location(s) and organized trading conference events starting early 2018.
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
Gold Trade Buy / Sell Short Term Swing Triggers
For short term trading the following are support and resistance areas for trade that can be used as buy / sell triggers for Gold.
1300.96
1311.07
1321.30
1331.51
1341.61
1351.86
1362.03
1372.72
1383.43
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Channel Decisions: Purple arrows note critical uptrend and downtrend channel decisions.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Feb 13, 2018.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Rosie Gold Algorithm Chart Model – Current Trading Area. Feb 13 1214 AM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
Rosie Gold Algorithm Chart Model – Down trend channel scenario. Feb 13 1213 AM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
Rosie Gold Algorithm Chart Model – Up trend channel scenario. Feb 13 1212 AM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
In our last report, Feb 4 we provided chart below to members alerting support “Rosie Gold Algorithm Chart – Important support at wide time frame cradle – inverse apex of quad. Feb 4 737 PM PM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST”
And the next chart (second one) below at white arrow shows what price did at exactly the support level days later.
Rosie Gold Algorithm Chart – Important support at wide time frame cradle – inverse apex of quad. Feb 4 737 PM PM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
Trading Bias – bearish in to the support area test.
Rosie Gold Algorithm Chart – Price bounced off important support at wide time frame cradle – inverse apex of quad. Feb 12 1128 PM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
Conventional Charting Considerations:
Conventional Gold charting puts 1386.00 in play for May 4, 2018 – highly probable.
Per recent;
Gold hit mid quad resistance, broke thru, lost retest to downside, targets in play. MACD turn down. $GC_F $GLD $XAUUSD Feb 4, 2018
Real-time Gold chart link: https://www.tradingview.com/chart/GOLD/CFxhDykd-Gold-hit-mid-quad-resistance-broke-thru-lost-retest-to-downsid/
Gold hit mid quad resistance, broke thru and lost the retest to downside. MACD turn down. $GC_F $GLD $XAUUSD
Gold real-time chart link:
https://www.tradingview.com/chart/GOLD/q1zhx6On-Gold-hit-mid-quad-resistance-broke-thru-and-lost-the-retest-to/
Recent posts that provide various conventional charting you can use in conjunction to our model chart;
Gold coming up to mid quad test on daily chart and then quad wall test would be next (end of July price targets red circles) $GLD $GC_F $XAUUSD $GDX $NUGT $DUST #Gold
Watch that stochastic RSI and MACD very close as Gold nears the two main resistance points (gray arrows) Jan 15 445 PM #Gold $GLD $GC_F $XAUUSD $NUGT $DUST
Gold Miner $GDX:
$GDX miner trade somehow held the all important support area on the chart again. $NUGT $DUST $JNUG $JDST
Per previous;
$GDX Gold Miners Chart Daily – Price under 23.14 mid quad is bearish – trading 23.11. Feb 4 555 PM $NUGT $DUST $JDST $JNUG
Real-time $GDX miner chart https://www.tradingview.com/chart/GDX/El8bfLmV-GDX-Gold-Miners-Chart-Daily-Price-under-23-14-mid-quad-is-bea/
Per previous;
$GDX Gold Miners Chart Daily – Price near mid quad support at 23.14. Jan 30 1021 PM $NUGT $DUST $JDST $JNUG
Real time $GDX Gold Miner chart link: https://www.tradingview.com/chart/GDX/Wl2OGgOz-GDX-Gold-Miners-Chart-Daily-Price-near-mid-quad-support-at-23/
This was the warning / alert issued for $GDX on the last report:
$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG https://www.tradingview.com/chart/GDX/w4710Xnz-GDX-in-dangerous-territory-on-200-MA-on-Daily-with-MACD-and-SQM/
And then this is what happened – it tanked!
$GDX dangerous territory bearish bias alert at 200 MA proved profitable. $NUGT $DUST $JDST $JNUG #trading
Previous;
$GDX over MA’s with MACD SQZMOM trending and Stoch RSI coming off. Price may rela hxere and run again soon.
Per previous;
$GDX miner long term trend coiling over baseline support through model. $NUGT $DUST $JNUG $JDST
$GDX Gold Miner is testing upside quad resistance on model. Watch that area closely. $NUGT $DUST $JNUG $JDST
Gold price target 1800 Feb 4 hit perfect to time and price provided on report 7 days prior. $GC_F $GLD $XAUUSD $DUST $NUGT
All the best with your trades and look forward to seeing you in the room!
Rosie the Gold Algo
Article Topics: Rosie, Gold, Algorithm, Chart, Trading, Gold, $XAUUSD, $GOLD, $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG