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- Pip Anon replied Jul 23, 2014
I guess that depends on when you trade. I snagged almost 30 pts in the last two days. It generally goes nowhere after 1030-11 EST. Pre US market and into early morning data, it's not bad - but it's not like it was before
- Pip Anon replied Jul 22, 2014
They are merely support and resistance levels that are sloped. Give it any name you need. Yesterday, price action was rejected from the descending trend line, and know is breaking through the ascending triangle. The reality is: they are just visual ...
- Pip Anon replied Jul 21, 2014
Break out of triangle, targeting 1,330. 1,311 holding as decent support. A breakdown and back to 1,300
- Pip Anon replied May 30, 2014
GLD probably heading to $118.57 before some demand. GC $1241. Anyone see the Japanese inflation numbers? Christ. Nothing like going from -.4 to +3.2 in less than a year. Funny thing these central bankers never seem to get that once inflation gets ...
- Pip Anon replied May 30, 2014
Yea, it's called manipulation lol
- Pip Anon replied May 30, 2014
Headlines "Gold down on decreasing Ukraine tensions." Lol, as Ukraine seen the bloodiest week last week. New headlines "Institutions sell gold to support false narrative of economic growth; Goldman Looking Lame."
- Pip Anon replied Apr 21, 2014
I got SL 1274 TP 1320. Last two times PA lingered at these levels, the 200 EMA was the upside target
- Pip Anon replied Apr 20, 2014
What the hell does Buffet know? Lol. I mean he's great at buying and holding, but people try to go to him as some sort of economic barometer, and he's not. I'm not saying pile your equity in gold. I'm saying if you can see these consumer prices ...
- Pip Anon replied Apr 20, 2014
Lol, like I said in the past you don't invest in paper gold. I buy and hold a small percentage of physical stuff when the price is right. Then again, I don't have any issues buying contracts near 1265/75. Have you seen food prices? Rent prices? ...
- Pip Anon replied Apr 20, 2014
Looks like Goldman traders are working busy tonight. Only took like six months of higher gold prices. Slam dunk this sell...funny thing is, they make it mucho cheaper to accumulate.
- Pip Anon replied Jan 14, 2014
Looks pretty I wouldn't trade it until it closes above 1,265. Someone several months ago was talking about trading an inverse H&S and I strongly suggested against it because it was budding against resistance and it led to the first ...
- Pip Anon replied Jan 14, 2014
Really? Breakouts don't mean anything IMO, closes do. Look at the selling pressure from the top on the 4H. Silver can be to the upside simply because the dollar is weak, but if someone actively traded that break, they'd be down like 2-3% Resistance ...
- Pip Anon replied Jan 2, 2014
Little squeeze in the metals. There was a big opening pop in US futures. Curious to see what happens with the unemployment data. Gold may retest 1200 if good I think EDIT: think my software got a false feed, futures may not be open but dollar looks ...
- Pip Anon replied Jan 1, 2014
Well I think institutions will keep it down until it no longer serves their purpose. Paper products is what is keeping gold down. London and Comex vaults are near empty. Someone's buying the physical while selling paper.
- Pip Anon replied Jan 1, 2014
I do think this is a pullback, but I can see the lows further tested to see if it breaks. Note that these moves happened all year long. Gold would decline $100, and then pop up $50 on "physical demand" while still trending lower. HOWEVER, the move ...
- Pip Anon replied Jan 1, 2014
I haven't placed any futures trades recently, but did buy bullion both gold and silver. Reaching the lows end of year, couldn't resist. I think the upward movement we are seeing now could be just a corrective phase as gold fell towards the low. Then ...
- Pip Anon replied Dec 19, 2013
Lol in due time
- Pip Anon replied Dec 19, 2013
Lol another gold bug bites the dust.... video