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Gold Discussion

as time progress,stay below 1129 for gld is inviting chances for 1125 usd
Quoting ForexnGold
i think i will trade this call >> Buy Gold around 1133-32 sl 1127 tgt 1139-1147"
that was awesome for me , made 700 usd !!
Quoting ForexnGold
that was awesome for me , made 700 usd !!
gold is positive..safe sl below this months low
buy crude now sl below low tgt 7615-7654
Quoting ForexnGold
buy crude now sl below low tgt 7615-7654
sl hit
long @1125.80 any idea whether it will goes up again?? no sl was placed!
Put a stop loss in ...no one knows the future, we can just make educated guesses
I am selling gold from 1139 with a target at 850, but it may fail to break MA 100.
I haven't traded gold for a long time, was waiting for this dip, I wouldn't sell with a target under $1000. I'll put limit buy orders on $1000, $925 and $875 with a TP $1065 and $1175. What do you guys have in mind ?
Generally we find negative correlation with USD and gold. But there are still other parameter to judge the relationship between gold and USD
I had a great time shorting this thing, but am now stepping aside to see how price behaves near the lower green line. Hopefully for the longs this holds ...
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seems nice setup to make just few pips
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Making money not by predicting just by following ...
http://www.babypips.com/blogs/curren...012609/1-s.gif

this may help u........
Quoting Hell7
I had a great time shorting this thing, but am now stepping aside to see how price behaves near the lower green line. Hopefully for the longs this holds ...
it won`t
Quoting The Jackal
it won`t
Why so sure?
Quoting Hell7
I had a great time shorting this thing, but am now stepping aside to see how price behaves near the lower green line. Hopefully for the longs this holds ...
I posted an update of this chart on my blog, showing that yesterday price bounced from that green line.
Hi Hell, in your update where you say "to reach the target of the blue flag", does that refer to those little parallel horizontal blue lines that go down towards $1159. Thanks, Jab
Quoting jabalong
Hi Hell, in your update where you say "to reach the target of the blue flag", does that refer to those little parallel horizontal blue lines that go down towards $1159. Thanks, Jab
Yep
Attached Image
H & S

Neck Line !


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* Never Trust To Any Indicator * :shame:
Judging by recent daily PA, I would tend taking the bullish side. A long trade from 1080,25 to 1170(TP). After all USD gains are a question of time. The currency is condemned to be depreciated in the following months.
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