if the LTRO repayment news not positive for gold I dont know what will ))
First LTRO-2 Repayment Less Than Half of what was Expected
First LTRO-2 Repayment Less Than Half of what was Expected
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Dislikedxau.usd view
green down channel
-bottom channel support was penetraded and tested with retrace and in turn has been resisted
-current price 1681
-question this bottom down channel support turned into resistance what is the next move....resist or keep rising?Ignored
DislikedGood Morning
This is my first time posting on the thread that my friend gnomoneey started last year.
I will present my unique point of view here in order to perhaps give others that post here my perspective on the Gold markets and the Price of SPOT GOLD.
To start we are not trading FREE MARKETS.
There are two markets in Gold. The paper markets (COMEX) and the SPOT GOLD market. Gold is the ENEMY of the Central Banks and their printing presses. The Central Banks however are now strong buyers of the physical Gold.
Here is some recent information...Ignored
Dislikedhi CM and welcome
great post and very informative.......
when will the big banks turn and start the long position?
or are they doing this until they hold enough physical gold to totally control the market and force the government to be either be more monitarily responsible or make gold as the currency equivalent of paper money?Ignored
"Many participants also expressed some concerns about potential costs and risks arising from further asset purchases. Several participants discussed the possible complications that additional purchases could cause for the eventual withdrawal of policy accommodation, a few mentioned the prospect of inflationary risks, and some noted that further asset purchases could foster market behavior that could undermine financial stability."
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Dislikedsomething to think about..........
Gold’s death cross is no reason to feel grim
http://www.forexfactory.com/attachme...1&d=1361863239
From marketwatch.com
http://www.forexfactory.com/resource...tory-quote.png...Ignored
DislikedYes.. I have read this page.. What is the meaning ?
I am not very good in finance. SadIgnored
DislikedI see. Thank for your explanation. Gold keep on climb... Have you add in any position ?Ignored