As it appears to me. On a fundamental standpoint, gold being the safe haven that it is, any positive sign regarding the economy (or lack of negative sign in our current case) decreases the value held in gold for that matter. Traders then prefer to build on investments that strive on a positive economy.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #17,702
- Mar 14, 2012 8:27pm Mar 14, 2012 8:27pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #17,705
- Mar 14, 2012 8:35pm Mar 14, 2012 8:35pm
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
- #17,706
- Mar 14, 2012 8:47pm Mar 14, 2012 8:47pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
OK GUYS AND GALS -- Back to business!!!!
Here is the weekly channel with a bunch of notes and the
Areas of interest.
Enjoy,
XT
She is still toeing the channel regular bottom line. On breach I would look to the point where the Symmetrical Triangle meets the dip line.
Here is the weekly channel with a bunch of notes and the
Areas of interest.
Enjoy,
XT She is still toeing the channel regular bottom line. On breach I would look to the point where the Symmetrical Triangle meets the dip line.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,707
- Mar 14, 2012 8:48pm Mar 14, 2012 8:48pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,708
- Mar 14, 2012 8:53pm Mar 14, 2012 8:53pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,711
- Mar 14, 2012 9:04pm Mar 14, 2012 9:04pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,712
- Mar 14, 2012 9:07pm Mar 14, 2012 9:07pm
- | Joined Oct 2011 | Status: Why so serious ??? | 436 Posts
Hey FX T where you been mate? Missing your analysis.
But i never expected that you miss my analysis
. That encourages me. I was busy with E/U. Happy that i made some profits (Not as expected though). Still green is green
Will take a look at gold for sometime and I'll give my prediction.
Thank you!!!
Happy Trading!!!
FXT
Where is Blythe ? i need to see your charts
There are 2 people on this thread.
1st is the Boss himself, Mr. X, an all time bull.
2nd is the senior to him Mr. SunTrader, who is, Most of the time Bear for metals.
I miss Bemac.
And then there is me, who tries to stay neutral and who has built enough patience in the past 20 years while investing into different things, love me or hate me, just dont strip me of my opinion.
There are 2 people on this thread.
1st is the Boss himself, Mr. X, an all time bull.
2nd is the senior to him Mr. SunTrader, who is, Most of the time Bear for metals.
I miss Bemac.
And then there is me, who tries to stay neutral and who has built enough patience in the past 20 years while investing into different things, love me or hate me, just dont strip me of my opinion.
- #17,716
- Edited 9:19pm Mar 14, 2012 9:13pm | Edited 9:19pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Thank you Birons for your post. I truly appreciate it. I have dealt with the individual who has been most abusive as I have seen fit for tonight. Then it is out of my hands.
My other posts were simple and do not need any repeating nor were they geared toward a single individual.
It is not my intent for people NOT TO POST! And not to ask questions, Ask and post away, however, think about your question has it just been asked? could g00gle answer it? And the what is the next dollar price for gold? I don't know! That's why I try to teach about support and resistance and work in block areas. Either 10's through the Hundred or Quarters.
XT
P.S. The thread has suffered from beeb's absence already and I am glad he is back.
My other posts were simple and do not need any repeating nor were they geared toward a single individual.
It is not my intent for people NOT TO POST! And not to ask questions, Ask and post away, however, think about your question has it just been asked? could g00gle answer it? And the what is the next dollar price for gold? I don't know! That's why I try to teach about support and resistance and work in block areas. Either 10's through the Hundred or Quarters.
XT
P.S. The thread has suffered from beeb's absence already and I am glad he is back.
Bloody hell!! A bit of gratitude is in order here. Xtrade has been nothing but generous and thoughtful. His opinion is exactly that, his, DYODD and either verify his view or form your own ffs. Just flaming him is stupid, unjustified and disrespectful. If nubs carry on like this us junior posters will suffer if X decides to restrict access. Please people keep it professional and civil. Trading is a business and should be treated as such. A bit of business etiquette is in order.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #17,717
- Mar 14, 2012 9:16pm Mar 14, 2012 9:16pm
WOW,
great work Mr X, clean and informative chart.
Thanks for the work.
great work Mr X, clean and informative chart.
Thanks for the work.
OK GUYS AND GALS -- Back to business!!!!
Here is the weekly channel with a bunch of notes and the
Areas of interest.
Enjoy,
She is still toeing the channel regular bottom line. On breach I would look to the point where the Symmetrical Triangle meets the dip line.
- #17,718
- Mar 14, 2012 9:45pm Mar 14, 2012 9:45pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
