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- jacob_ice replied Jan 14, 2011
Now Gold has breached 1355. Can we finally start buying and wait a long time to see some nice greens? I'm waiting for an uptrend to start forming.... What do you guys think?
- jacob_ice replied Jan 13, 2011
Thanks for the elaborative reply. I'm a bit skeptical to enter a position. So I'll wait until a trend has fully developed. Thanks for the input. Much appreciated.
- jacob_ice replied Jan 13, 2011
Where is Gold headed? It's been moving sideways lately. I just can't figure it out. Any ideas guys?
- jacob_ice replied Nov 3, 2010
Unbelievable. Gold dropped down drastically in a matter of minutes. Its a good time to pile up for long in small increments.
- jacob_ice replied Oct 21, 2010
Is gold really going down or simply temporary correction?
- jacob_ice replied Oct 14, 2010
I am. I took short position from 1380.3. you?
- jacob_ice replied Oct 14, 2010
I'm also leaning towards 1400. But predominanty on Kitco.....people are selling. Its USD declination which keeps Gold afloat.
- jacob_ice replied Oct 14, 2010
No. I closed the trade yesterday when it was pretty high up, 15pips. Better little green then plenty of red.
- jacob_ice replied Oct 13, 2010
Where do you guys analyze Gold is heading during Asia and London sessions. Are we going to see a new top or a slight pullback for quick profit selling? Asia seems to be supporting Gold price rather securely above 1370. Any thoughts?
- jacob_ice replied Oct 13, 2010
Silverknight How are you doing today? took a position yet?
- jacob_ice replied Oct 13, 2010
Are you anticipating a hard dip given its current value at 1370ish. I see the support strongly at 1364.
- jacob_ice replied Oct 13, 2010
Man....My target was triggered at 1365 from 1356.5. I didn't realize it went up that fast. I just got up from bed. Man...man....I should've broaden the target. Wondering if its a bit too high to enter a long entry.
- jacob_ice replied Oct 12, 2010
Are you long on Gold as well?
- jacob_ice replied Oct 12, 2010
Bootleger. Are you long on Gold?
- jacob_ice replied Oct 12, 2010
I suppose up we go. I took the loss and change direction. Lets see what the delivery we've got on new high.
- jacob_ice replied Oct 12, 2010
It appears a stronger force towards the upmove since Asia opens a few hours ago. I'm still contemplating whether to close then change direction or hold my position till 1360. Tough choice!
- jacob_ice replied Oct 12, 2010
I'm still holding my shorts from 1346. Should I close this position and anticipate a flow change in Asia session? I really doubt another break through above $1365 could be achieved from Fed minutes release hours ago. Then again with Forex market ...
- jacob_ice replied Oct 12, 2010
Something is holding up Gold above 1350.....close to 80 minutes to NY market closing. Is there a chance of drastic movement either up or down?
- jacob_ice replied Oct 12, 2010
Where do you stand on this? Do you have an open short or long position or simply watching on the sideline :-)
- jacob_ice replied Oct 12, 2010
I sure hope so. The explanation sounds logical and certainly within realm of possibility. I guess I could only wait to see what asia/london session brings. US market closes in 3 hours. I expect some drastic movement to go on downtrend, it not I'll ...