Is it viable to buy Gold at this rate...? Or we may hope for some retracement..?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #5,362
- Apr 27, 2011 12:57pm Apr 27, 2011 12:57pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Ahhhhh -- we may see 1550 today! 
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #5,364
- Apr 27, 2011 1:03pm Apr 27, 2011 1:03pm
Is it viable to buy Gold at this rate...? Or we may hope for some retracement..?
, let me say: you missed a good entry point around 1500. You were waiting for 1480, right? Anything is possible, but now the uptrend is resuming... unless Bernanke commits another terrorist attack in the next minutes and screws up the market
"The reason I was born and came into the world is to testify to the truth."
- #5,366
- Apr 27, 2011 1:08pm Apr 27, 2011 1:08pm
before beeb comes here to give you a slap
I do hope he does something for the Dollar....
- #5,367
- Apr 27, 2011 1:09pm Apr 27, 2011 1:09pm
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Don't wish it were easier, wish you were better. ~ Jim Rohn
- #5,368
- Apr 27, 2011 1:11pm Apr 27, 2011 1:11pm
- | Joined Apr 2011 | Status: Trader | 1,152 Posts
MMMYYYKKK
The bull just starts going...and you are already talking about profit taking.
Very hilarious...and how did your short go?
Ah, by the way, I close my short for $1920 profit, thanks for asking!
Sorry everyone, but I guess "some" need a bit of a numbers to see making profit with gold could be TWO WAY too, like most everything in Forex.
Peace
- #5,372
- Apr 27, 2011 1:23pm Apr 27, 2011 1:23pm
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Watching CNBC and all I hear is Blah Blah Blah Inflation Blah Blah Blah Stable.
Don't wish it were easier, wish you were better. ~ Jim Rohn
- #5,376
- Apr 27, 2011 1:36pm Apr 27, 2011 1:36pm
Watching CNBC and all I hear is Blah Blah Blah Inflation Blah Blah Blah Stable.
The main German TV news just informed that the inflation rate in April was 2.4% yoy, the highest since 2008 and above the magical level of 2% - meaning that it is technically not "under control" anymore and could provoke a reaction from the ECB
. So much for the "stability".@Pratik: they say the raise in commodity prices is only temporary...
"The reason I was born and came into the world is to testify to the truth."
- #5,377
- Apr 27, 2011 1:40pm Apr 27, 2011 1:40pm
yeah, I'm watching CNBC too...
The main German TV news just informed that the inflation rate in April was 2.4% yoy, the highest since 2008 and above the magical level of 2% - meaning that it is technically not "under control" anymore and could provoke a reaction from the ECB
@Pratik: they say the raise in commodity prices is only temporary...