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- acidguy replied Oct 8, 2014
thats not a channel and im not picasso. $1250-60 before $1150, europe economy is burning in hell.
- acidguy replied Oct 2, 2014
bad data coming from usa, this thing is going to explode to the upside $1260 at least, anyway long term target look $1090
- acidguy replied Sep 19, 2014
magic number $1150.
- acidguy replied Aug 21, 2014
great levels for gold... thats why sometimes trading with stop losses are very bad, i lost a lot like 1 month ago shorting this thing from 1280 to 1320 with both sl at at 1335, and now golds has resumed downtrend and looking firmly for $11xx area. ...
- acidguy replied Jun 30, 2014
same here, all my shorts were taken out by stop losses at $1331 , im not going to trade this pair again for many days, maybe months. Gold is not responding anymore to USA positive news like was doing some weeks ago, we have gotten big Positive ...
- acidguy replied Jun 30, 2014
breakout should happen between the next 4 hours to validate uptrend channel, i think the breakout will be a collapse in price, right now look like bears have finally regained control of the trend. but at the end of the week usa data will give a ...
- acidguy replied Jun 29, 2014
wow, so much indecision in the market, hope monday it breakout in whatever side so we can finally start to trade this pair.
- acidguy replied Jun 27, 2014
yes, look the charts, gold PA was compressing and looks like about to explode down on next week. the China gold backed scams are many and not just 1 case which is going to erase pressure from the Iraq crisis. $1281-$1285 is next target, leg could ...
- acidguy replied Jun 27, 2014
Bears should prevail in current indecision, Bulls even with huge momentum and Iraq war in their side are not being able to mantain the uptrend, i think there is a nice premium currently priced in for Iraq, if Iraq gets better that premium dissapears ...
- acidguy replied Jun 26, 2014
good luck, Gold may fall finally on friday with no usa reports to boost the metal, Silver ratio against Gold keep widening.
- acidguy replied Jun 26, 2014
the correlation between Silver and Gold will keep widening as Gold keep losing attraction at current prices, silver may rally, gold may keep falling.
- acidguy replied Jun 26, 2014
image today USA data was pretty good after all, upward price action started before the news were release to delay a possible break of $1300, i still think were gonna revisit $1180 and $1100 starting next year, being bullish at gold is a though ...
- acidguy replied Jun 26, 2014
after an irrational move and not consolidation its hard to chart support and resistances levels in m15, m30, you can chart maybe a fibo retracement but not a trending channel. only number which looks key right now is $1280 support from last ...
- acidguy replied Jun 26, 2014
well, almost everyone is long now, you know what happens when this is the case.
- acidguy replied Jun 25, 2014
the momentum was too extreme to the upside and were seeing PA to try retake > $1330 area but its failing, strong resistance lies between $1325 and $1330, today we managed to close below $1320 which makes harder to consolidate above $1300 which must ...
- acidguy replied Jun 25, 2014
lovely rejection at $1325, if we close below $1320 today... relax and prepare for the travel to hell at fast speed, $1300 will be slaughtered like a hot knife to butter, $1290 here we come, $1275-$1280 we can see u...
- acidguy replied Jun 24, 2014
brokers are not ok to be trusted in these matters, if they say its bullish, short big, Gold is just about to erase every gain it made over the last week, of course will happen also over a matter of days.
- acidguy replied Jun 24, 2014
it has not fallen yet, it will to $1290 likely in the next 2 days. Gold is yet in the woods, well go for new lows.
- acidguy replied Jun 24, 2014
yes, i stick with $1100, we ll maybe remember last week as the 2014 crazy short lived rally, gold fundamentals for this price (demand/economic data) are damaging very fast.
- acidguy replied Jun 24, 2014
if you pray hard, it will happen.