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- Marv replied May 30, 2012
Fundamentals will win of course. ...After hunting the stops of technicals. Translation: That support level will be broken, but it won't go lower than 1470'ish before the bullish trend prevails. I.e. the area between 1520 and 1470 is a good place ...
- Marv replied May 25, 2012
Agreed (although I don't think the dip would be very bad). The idea is that I want to at least see this week as having the same low as last week's. Otherwise I am going to assume this is a fake reversal and soon enough we're heading south again and ...
- Marv replied May 23, 2012
That is my outlook too. But it's not very clear at this point. The dollar just keeps benefiting from the whole euro situation, etc. If the DXY is not going to slow down and instead is going to keep making new highs then obviously that is going to ...
- Marv replied May 23, 2012
Quite possible I'm afraid. Gold is looking less attractive by the day. Closing my long position around break even if dollar sentiment does not worsen anytime soon causing gold to start slowly taking off (probably after testing last week's low). ...
- Marv replied May 22, 2012
For those wishing to buy and hold XAU, I'd suggest you wait until price reverts back to at least last week's low (1527).
- Marv replied May 20, 2012
So what? They are still sharing a directional sentiment that is still relevant to the moment they're posting in (you on the other hand are only bitching). Just because YOU have certain requirements as to how people sharing their ...
- Marv replied May 20, 2012
I take it you were referring to me. My SL is @1440. Sorry I didn't know there were any "rules" for posting in this thread. I was mainly sharing a sentiment (not a trade) on gold for the fun of sharing. Way after the fact? lol I'm not here ...
- Marv replied May 20, 2012
Nice take on it. Welcome to the forums and good luck to you too.
- Marv replied May 19, 2012
Been waiting for a good time to buy some gold. Looks like it's here (high demand technical area + dollar going to slow down = investors moving to gold). Went long @1570. TP set @1750 for now. Gonna let this baby play for a few weeks.
- Posts by Member Search: 'Marv'