Man, NFP is bad for the US and yet Gold is down (current price is :$1591), while unemployment rate hold for 8.2%.
Lousy news....
Lousy news....
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DislikedMan, NFP is bad for the US and yet Gold is down (current price is :$1591), while unemployment rate hold for 8.2%.
Lousy news....Ignored
DislikedMan, NFP is bad for the US and yet Gold is down (current price is :$1591), while unemployment rate hold for 8.2%.
Lousy news....Ignored
DislikedMan, NFP is bad for the US and yet Gold is down (current price is :$1591), while unemployment rate hold for 8.2%.
Lousy news....Ignored
DislikedGold [at least in the short term] is looking for signs of QE3. The jobs number was bad but not to the extent to get the Fed panicked and immediately launch QE3. The continuous fall of Euro / USD is also not helping Gold's momentum upwards. I think we'll once again see support around 1550-1560 before another leg up. I don't think we're going to move above the 100 Daily EMA until concrete hints of QE3.Ignored
DislikedQE means more money into the economy which means risk on (i.e. buy stocks, commodities) which means inflation so buy Gold.
Something like that but really just a bunch of BS.
Fed and ECB and the rest of the moneyprinters are just about out of magic up their sleeves.Ignored
DislikedHi Donnyv, how should we expect gold to react to QE3, in the even that there is one. I just curious, I am not well educated on the effects of QE fundamentals on the fx market.
Thanks in advance.Ignored
DislikedI think we have a inverse head and shoulder formation in our hands, also called three BUDHA. according to candlestick charts see the chart.Ignored
DislikedI still believe that gold will test and 1565-75 range and than a sharp rebound toward up side. stop loss@ 1546!Ignored
DislikedHey traders
I need to know more about supply and demand this weekend
so, I need your help to tell me what is you recommendation about an E book about the supply and demand ??Ignored
DislikedHey traders
I need to know more about supply and demand this weekend
so, I need your help to tell me what is you recommendation about an E book about the supply and demand ??Ignored
DislikedThe words "please" and "thank you" seem to be missing........
Welcome to my ignore list
beebIgnored
DislikedHey beeb , calm down my brother , I just opened our great thread now .
and I am really thankful to jaimini for help
if you think that The words "please" and "thank you" seem to be missing........ , I disagree with you , and you can find this word "I am sorry "
so , I am sorry to you " beeb " because I was outside eating , so I did not see jamini's reply .Ignored
DislikedHi Tsotsi,
QE traditionally involves injecting newly printed money into the economy by purchasing financial assets in the hope that this newly printed money will make its way into the wider economy and stimulate growth. If the Fed prints and injects more USD into the economy, the immediate impact will be a devaluation of the USD [due to excess supply] directly increasing Golds's price. Also, as excess supply is potentially inflationary, investors will look for alternatives outside the USD for investment. As Gold is traditionally a safe haven...Ignored