Disliked{quote} Here again an updated one in which you can see XAU slowly going down on 4h chart Till which bottom? 1410? 1400? 1380?????????????Ignored
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What is the action now in XAUUSD? 25 replies
Gold, is it right time to buy? 9 replies
Oanda now offers Gold and Silver 6 replies
Disliked{quote} Could you elaborate on how you are hedging? Just minimizing positions?Ignored
DislikedRight now, Gold is retrenching a bit from a fairly strong drop the past 5 hours. Still feels like lower is the call. Any thoughts?Ignored
Disliked{quote} It's too uncertain right now in my opinion. Based on all the data today, i'd say that down would be the probable direciton for gold... But check this out, it came in 53 minutes ago: "ECB POLICYMAKERS SEE DEPOSIT RATE CUT IN SEPTEMBER AS ALMOST CERTAIN" -however, i'd take this with a high degree of scepticism, as it has no verified source, but the news source is quote:"sources". This is what could have triggered the rise in price, and it could continue going down. However, i advise you to remain patient and wait for a better entry. I've exited...Ignored
Disliked{quote} Interesting... would have no problem with that reasoning.. However, anyone noticed how much gold RU pilled up already? Specially compared to their MONEY SUPPLY, M0 etc..? Should the rumours about ->gold standard are true... it sure as hell this helps them increase in weightIgnored
Disliked{quote} Yeah... Putin has actually said that they plan to replace the USD completely in international trade. And he constantly emphasizes how Russia has proven that international economy can function without the USD as a reserve or intermediary currency. Maybe we do see gold standard again... but i don't think it'll be any time soon.Ignored
Disliked{quote} Yeah... Putin has actually said that they plan to replace the USD completely in international trade. And he constantly emphasizes how Russia has proven that international economy can function without the USD as a reserve or intermediary currency. Maybe we do see gold standard again... but i don't think it'll be any time soon.Ignored
Disliked{quote} Don't know about the actual timeframe either.. but would sure as hell watch for the signs/trends.. Watch this for example... https://www.rt.com/business/465054-r...s-100-billion/ 100B in GOLD reserves... Now compare this to Russia Money Supply M1, M2... (on Money supply). RU M1: 21624 RUB to USD = around 340B USD... GOLD RESERVES:...Ignored
Dislikedthere were a lot of stops below 1415 after double bottom! Daily is still UP, so I got in at 1412 longIgnored
DislikedSo I think it's better to preserve capital now and cash in big tomorrow on the GDP (if it offers that chance) then to play the guessing game now.Ignored