Way too many bulls.
- #28,885
- Nov 26, 2013 2:02am Nov 26, 2013 2:02am
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts | Online Now
Gold futures & XAU 78 replies
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Disliked{quote} if his H&S triggers it would form the "3" in my view pretty well. So i hope he´s right.1160$ is my limit for additional physical buys. imho 2011 is not compareable to 1980, in 1980 interest rate was so high, nobody need gold for protection against inflation, now in 2013 we have an interest rate lower then inflation and off course much lower than CPI. So from this Point Gold IS an actually a protection against inflation. That bringes me to the conclusion that this low is a "short" term one, not compareable to 1980 and a 20year gold bearmarket....
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DislikedSURE ME TOO , BUT MENTIONED 1249 TO MUCH SAFE FOR THE GUYS HERE WHOM WILL FOLLOW THE TRADE , cause trend is up side so it will return fast to up trend targeting 1275Ignored
Disliked{quote} Are you saying the trend has now become bullish, or is this just a retracement off the bearish trend?Ignored
DislikedAccording to geometry, I expect gold to rise to around 1269 before selling off in a longer move down.Ignored
Disliked{quote} LOOK Elpidius , am daily trading only jump in short trades for couple of hours and close it when my TP hit , so am flexible enough as market and trend actions accordingly this is my view for today onlyIgnored
Disliked{quote} It's looking very dubious that gold would even think of going to that high a level. Anything can happen today, as today is a pivot point in the financial history of the future. It's looking like gold may head down to 1200 over the next week or so, maybe less time than that.Ignored
Disliked{quote} Same there short at 1255. Ideally will hold until US session. Expect to see a re-test of some key support level today and then a rally on US session (hope data will help this).Ignored
Disliked{quote} good , but keep watching crefully and takecare with ur short cause the shoting up will be fast , for me not recommended any short positions down of 1246 .. good luckIgnored