Was very surprised that gold didn't go up on NY open

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Surely its hit its bottom! Sharp retrace happening

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New to this forum. I'm looking for a bullish OTM Call Option. Given ECB QE, what about German Stock 30 Call Options at 11400 strike by 20 Mar 2015? Export activity will go through the roof with this EURO depreciation. Welcome thoughts and ideas!

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Any Options traders here? I was looking at Gold OTM Call Options 3 weeks ago, would've returned 1800% by now... Cursing. I'm looking for a bullish OTM Call Option. I was thinking German 30 Index at 11400 strike March 15 Expiry. Its had a top run, ...

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I agree. Today could be the game changer with Gold.

Only Gold!

EUR has literally gone down the toilet against USD. Imagine when NY Opens. 1.1150 could hit.

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Main activity seems to happen when Europe and NY Open? Is that right?

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Corrective move on EUR/USD today? I suspect once NY goes online it will get sold down again. Going to sit on the fence and observe.

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Going to start taking short positions on gold as early as mid next week. I think I may be able scalp USD20/oz on a decline. Its starting to get some sharp drops and volatility intraday "Uncertainty" is the main driver for the gold price rise. Most ...

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Gold Gold in USD terms is on a long-term downward channel as per the attached, and it will retreat from its current highs in my opinion starting in the next couple of weeks. Gold price can retreat slower than it can rise, people flock to gold when ...

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I'm going to short gold when the following happens: 1. Oil price stabilises and starts to head north of USD50/bl 2. Copper price remains stable at USD2.5/lb 3. No sudden shock to SP500 - next reporting season with an appreciating USD may test ...

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My guess is it will not break 1328, otherwise I then envisage a change in the long-term gold price trend. Its very near its peak.

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Its become a bit of trend that the AUD gets dumped when NY Opens.

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Wait for Greek elections. Early next week. Eliminate one of the other main uncertainties at the moment. ECB QE was another uncertainty which has now been resolved for the time being.

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I think the AUD is range bound around 8030 to 8300 range for now. So a mid-point seems about fair value for now in my opinion, its had a bit of haircut so to speak from last year without any rate movement. Bond markets have priced a 0.5% cut, but ...

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AUD nearly cracked 0.8110. Looks range bound at the moment bw 0.8080 and 0.8110. I think it should retrace to 0.8140 in the next couple of days. BoC rate cut is a bit of "spook" event in relation to the AUD in my opinion.

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What hot data are you expecting?

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Gold break out from long term trend is around USD1328/oz. If it fails to meet this before Greek Elections, then get ready for a slow retreat. Gold prices tend to go down slower than they go up in my opinion. Gold retreats when there is a return to ...

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Once ECB QE is announced and Greek Elections are over then Gold will start its slow retreat south on the long term downward trend channel.

Only Gold!

I'm not convinced the RBA will cut rates in the next couple of months. I have a connection at a large Australian Home Construction Business and the word on the street is that they are selling new homes like "hot cakes". I also think the reduction in ...

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