QuoteDislikedAt this point fundamentals are noise.
Agree, for a third day in a row, gold is repeating the same pattern, almost:
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
QuoteDislikedAt this point fundamentals are noise.
DislikedIgnored
DislikedI think I will trade only what I see, not paying attention to news and fundamentals.......Ignored
Dislikedas promised, here is a side by side comparison for weekly gold.
XAU is on the left, Front Month GOld FUtures is on the right.
Second chart is daily.
DMAs are 18, 45, 100, 200
Slow Sto and MACD shown
Does anyone see any advantage of monitoring G.GCC1 to anticipate XAU moves?Ignored
DislikedIf that is $XAU this is an index comprises of gold stocks. Then to get volume you would have to look at the individual stocks comprising the index.Ignored
DislikedIf that is $XAU this is an index comprises of gold stocks. Then to get volume you would have to look at the individual stocks comprising the index.
ABX
AEM
AUY
BVN
FCX
GFI
GG
GOLD
HMY
KGC
NEW
PAAS
RGLD
SLW
SSRIIgnored
QuoteDislikedWhat Are the Fundamentals for Gold?
It is extremely important to understand the fundamentals of the gold market before buying gold coins.
The fundamentals of the gold market play a large role in determining the direction and price of gold, though certainly other factors play a role too, emotional factors in particular. Because of that, it is a mistake to focus solely on fundamentals when analyzing the gold market.
Of course, the basic fundamental factors impacting the price of gold can be classified into two broad categories: supply and...
QuoteDislikedWhen an investor analyzes gold, or any investment for that matter, they take a look at two distinct aspects of information that will help and guide them to decide whether their purchase or sale of gold (or comparable investment) is a smart decision to be made. These two distinct aspects are fundamentals, and technicals. Fundamental information is based on the analysis of the investments financial statements, its general health, it’s history and current history, as well as its competitors and it’s standing in the markets. Technical analysis is...
QuoteDislikedThe first fundamental you will look at for Gold and Silver is supply and demand. When you have an excess supply with low demand you are going to see metal prices fall. In the case of this market it is the opposite, when demand rises and supply falls metal prices rally sharply.
Another fundamental for the precious metal prices would be low or negative interest rates. If the return on bonds, equities and real estate is not adequately compensating for risk and inflation then the demand for gold and other alternative investments such as commodities...
DislikedI think I will trade only what I see, not paying attention to news and fundamentals.
Charts are telling me more dependable stories.
At this point fundamentals are noise.
I'll read forecasts, but gum is chewed, not swallowed.Ignored
DislikedWhat broker is this? If it is an FX broker that is Not sure, they look very similar.
maybe if i choose a month like K12 for May gold, instead of "front month" (setting of C1) it may show a difference.Ignored
DislikedJim,
How come when you quote me there is no link?
Please try to make sure the links to quotes (don't care about these) work,
they are a way of linking side conversations togethe if someone wants to read back at some point.
Thanks!
XTIgnored
QuoteDislikedJim,
How come when you quote me there is no link?
Dislikedwow. quite identical for the last 3 days. 30th is the last trading day of March and also the 1st quarter. could there be any significant breakout or the same pattern again?Ignored