Gold Alert!

Frankly speaking I don't follow the market continuous lately, since I have a little urgent family's matter. Though As far as I can see, if anyone of us has buying gold especially in the derivative market, should be very careful.

Gold Chart

With the broad outline that the fundamental is still not good, and thanks to US Data Payroll came weaker than expected made the gold reaches new high to 1601, completing the fourth wave and in the coming weeks we may see the bearish (5th wave). 

If we see the technical outlook, gold has a strong support at 1520 -1525. As long as the price doesn't break the line, we could hope that gold still play in the range trading zone. But I guess it still has bigger room to go down at least at 1375-85. Just maybe :)

Been in Exile for A While

Dear Everyone,

First, let get the thing cleared. I have been not writing in this blog quite along time. Well, I have been trying to quit in this field but I guess my love for the market too deep to let it go. For the past few months I started a totally different field, situation, condition, people and of course different atmosphere.

Inhale....Exhale....No More Bones... No More Bones.....

To tell you the truth. There were conditions that made me not continuing to write. Couple things happened and I tried to clear my mind, and did something else, even it was totally new and I had to start all over again almost from scratches. Experience that, I get more knowledge. and I decide I will share what I know to all of you who wanna learn more about trading. I prefer to write psychology to market update. From that you will know what I've known and learned.

Just wait for my article, In no time I will write again and forgive me if my writing is not a good one, cause I am just a Beginner, hoping a good miracle. That's why I title this blog "Beginner's Luck" 

;)