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- frx_trader replied Mar 6, 2017
Almost all traders are cautious of this choppy market. Not wanting to be caught or trapped in any positions. The market is choppy and not great atm. No trade is good trade atm.
- frx_trader replied Feb 24, 2017
Today. Usually $40 is considered big mover. Try $100 for catastrophic move.
- frx_trader replied Feb 24, 2017
Read my post above.
- frx_trader replied Feb 24, 2017
Gold and Silver as commodities try to make up the losses so far. While Oil has increased more than 75% from $ 30. Gold has dropped so much. I think it's not Gold, but Silver that holds the price up. Look Silver has increased 1.30 % today, Gold just ...
- frx_trader replied Feb 13, 2017
Either Gold or USD reserves. Or both.
- frx_trader replied Feb 10, 2017
I think he has all the means to keep USD stronger or weaker. But will he achieve the target? Market decides. If USD is too weak or too strong. Market will make adjustment. In a healthy market, Too strong or too weak is unhealthy for the world and ...
- frx_trader replied Feb 9, 2017
Time to go north to 1260. Maybe I am wrong.
- frx_trader replied Feb 9, 2017
Target reached. I put my target @ 1237. But 1230 remains a possibility. To be safe, 1232 for TP. Aim small.
- frx_trader replied Feb 9, 2017
I see take profit. At least 1236, may be 1230 before going up to 1360. The price of commodity has been stable so far. Sign of bullishness.
- frx_trader replied Jan 26, 2017
Thank you.
- frx_trader replied Jan 26, 2017
Thanks. Nice graphics. But I can't see any correlation. Can you explain please?
- frx_trader replied Jan 26, 2017
Want to ask simple question. How is XAU related to S&P and DJ30? Seems DT is going to crash the world markets. Anybody can answer me?
- frx_trader replied Nov 11, 2016
How market is manipulated. Simply hike the rate .25 -.50 point. And all the cost will went down. Smart isn't it? Trump always envies China. And Japan need to devaluate its currency. So, all goes hand in hand. Producers always loses.
- frx_trader replied Nov 11, 2016
Whatever the manipulation is. Just follow the market.
- frx_trader replied Nov 11, 2016
My Guess. US need to build more infrastructure. So they need cheap raw material such as oil and silver. When China needed raw material. Oil went up to 120. Silver to 22. It's always market manipulation for the benefit of US.
- frx_trader replied Nov 11, 2016
No. I don't trade it. Traded a few lot of buy Gold @ 1225. Make some profit. But loses EU. So about break even today.
- frx_trader replied Nov 11, 2016
Trump accuses China manipulates the currency. So, Yuan should be stronger. But market sees it otherwise.
- frx_trader replied Oct 28, 2016
If today finishes above 1270. Retest 1300 is possible. If not, Gold is still under pressure.
- frx_trader replied Oct 1, 2016
Sell Gold on the rise. SL 1400.
- frx_trader replied Sep 22, 2016
Election is a big uncertainty. Yellen knows it, FED knows it, everybody knows it. That's why Gold refuse to down. Equity is risky. Well, as always. I could be very wrong. Just my opinion. Doesn't cost me anything.