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- blue_z_zz replied Mar 18, 2016
I see what your talking about but I see it more of a triangle then H&S
- blue_z_zz replied Mar 17, 2016
good morning gold traders after the last week ECB and yesterdays FOMC and todays BOJ comments that they could lower rates to -0.5% its becoming more and more clear that this up move in gold since the beginning of the year is sustainable and its ...
- blue_z_zz replied Mar 16, 2016
inflation is picking up if fed is dovish then most probably gold bull will be in play
- blue_z_zz replied Mar 15, 2016
bad numbers in retail sales revisions but it seems bears still in control unless Bulls push price past 1250-60 level
- blue_z_zz replied Mar 15, 2016
good morning gold traders gold is now at the last support level above 1200 which stand at 1218-30 if bulls cant hold then most probably gold is heading to 1150-85 levels trade careful guys FOMC is tomorrow
- blue_z_zz replied Mar 14, 2016
just be careful and have stop loss confidence what kills traders
- blue_z_zz replied Mar 14, 2016
I said this before and I say it again this bull in gold is the real deal I haven't seen that kind of strength in gold since 2009 the price will fluctuate up and down on daily basis but its most probably will end trending to the upside to confirm ...
- blue_z_zz replied Mar 11, 2016
resistance test was rejected during Asian session now US open it will probably have another go at the 1275 level if Bulls succeed the next level a little above 1300
- blue_z_zz replied Mar 11, 2016
Just wait for NY opens that's when liquidity kicks in if ther is any chance of break today then most probably will be during US session and in in my opinion that's not a double top mate
- blue_z_zz replied Mar 11, 2016
I'm not ew expert but think this chart was before price pierced his 5th high so he probably will be updating his count
- blue_z_zz replied Mar 10, 2016
I don't think dollar strength will effect gold right now mate
- blue_z_zz replied Mar 10, 2016
Good luck with that
- blue_z_zz replied Mar 10, 2016
good morning gold traders ECB might not be the biggest announcement of the week watch out for BPOC over the weekend Exclusive: China to ease commercial banks' bad debt burden via equity swaps - sources It seems that the G20 meeting last week gave ...
- blue_z_zz replied Mar 10, 2016
seriously
- blue_z_zz replied Mar 10, 2016
Ok cool
- blue_z_zz replied Mar 10, 2016
And what do you classify gold as ?
- blue_z_zz replied Mar 10, 2016
the aggressive nature of the defending of 1250 most probably will weaken the bear in next to resistance 1260 and the 1275
- blue_z_zz replied Mar 10, 2016
Bears defending the 1250 level very aggressively
- blue_z_zz replied Mar 10, 2016
one more thing to know how strong this move is its happening with dollar strengthening
- blue_z_zz replied Mar 10, 2016
shorts just be careful this ECB QE program is huge deal and will raise the probability of BOJ and PBOC will follow suite Rumors today reported by Bloomberg and Reuter that PBOC is preparing a debt to equity swap for banks to swap NPL's