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Only Gold!

  • #1,661
  • Nov 27, 2013 9:52am Nov 27, 2013 9:52am
Quoting anton.olff
{quote} I have been in shorts from 1243 and added to position at 1249 with target of 1188. Support looks fairly strong around 1240, though a break of this level...even on this lighter than normal trading day before U.S. holiday...could see price action to 1225.
I am quite hopeful you'll make good money. Have a nice one you all.
Hello World!
  • #1,662
  • Nov 28, 2013 12:40pm Nov 28, 2013 12:40pm
Quoting ClockTrader
{quote} I am quite hopeful you'll make good money. Have a nice one you all.
have been read your posts for a while. very impressive the way you trade on the basis of planetary movements

I entered long and i believe it will go up as long as it does not breach the support line in the picture. Once it breacks i dont know what is the next support. Personally i feel gold is trading at very low level and its good level to buy if one has interest in physical gold.
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  • #1,663
  • Nov 28, 2013 5:26pm Nov 28, 2013 5:26pm
possible...
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  • #1,664
  • Nov 28, 2013 6:46pm Nov 28, 2013 6:46pm
Quoting Niranj
{quote} have been read your posts for a while. very impressive the way you trade on the basis of planetary movements I entered long and i believe it will go up as long as it does not breach the support line in the picture. Once it breacks i dont know what is the next support. Personally i feel gold is trading at very low level and its good level to buy if one has interest in physical gold. {image}
On the contrary my view remains bearish.
Hello World!
  • #1,665
  • Nov 28, 2013 6:47pm Nov 28, 2013 6:47pm
u got up early today , gm and welcome its 620am over there right

Quoting ClockTrader
{quote} On the contrary my view remains bearish.
  • #1,666
  • Nov 28, 2013 8:56pm Nov 28, 2013 8:56pm
wow what a week , just made some cool free cash on this metal
  • #1,667
  • Nov 28, 2013 9:23pm Nov 28, 2013 9:23pm
owner of this post... only choose certain people to reply....wtf...
well, true also, he got rights to ignore... hahaha....
well, just view will do in future..
  • #1,668
  • Nov 29, 2013 4:36am Nov 29, 2013 4:36am
Gold Federation biggest importers warned 1100 possible next month publicly reco mmend investors to avoid holding gold for too long and take profit on every rise .... Gold being down grade from investment to trading commodity by gold federation it self !!! all are ready to dump their gold reserves ..its gonna be a sudden big quick fall to 1150 .!!!!
  • #1,669
  • Nov 29, 2013 6:13am Nov 29, 2013 6:13am
Quoting rambo12
Gold Federation biggest importers warned 1100 possible next month publicly reco mmend investors to avoid holding gold for too long and take profit on every rise .... Gold being down grade from investment to trading commodity by gold federation it self !!! all are ready to dump their gold reserves ..its gonna be a sudden big quick fall to 1150 .!!!!
what make u so sure man ?
  • #1,670
  • Nov 29, 2013 6:54am Nov 29, 2013 6:54am
Quoting jackychan167
owner of this post... only choose certain people to reply....wtf... well, true also, he got rights to ignore... hahaha.... well, just view will do in future..
Ideally, you should read first post of each thread you begin to post in. Your question was there in the very first post.

Secondly, people keep asking same ques. again & again & its kinda too boring to keep replying.
Hello World!
  • #1,671
  • Nov 29, 2013 8:25am Nov 29, 2013 8:25am
Quoting ssaqeel
u got up early today , gm and welcome its 620am over there right {quote}
I get up early everyday, usually, I never log in until its late morning. Its been quite a roller coaster ride lately, so been very curious all the time.

Quoting rambo12
Gold Federation biggest importers warned 1100 possible next month publicly reco mmend investors to avoid holding gold for too long and take profit on every rise .... Gold being down grade from investment to trading commodity by gold federation it self !!! all are ready to dump their gold reserves ..its gonna be a sudden big quick fall to 1150 .!!!!
While I agree with you on the bearish behavior, but, I strongly contest that Gold has become a trading commodity for long term.

In the long run, for long term investors, it'll remain safe heaven, only problem is with people who wanna become rich overnight by buying Gold. I'll be around to prove my words.
Hello World!
  • #1,672
  • Nov 29, 2013 5:07pm Nov 29, 2013 5:07pm
Thanks Bears for coming, GoodBye!


See you Next Year!

Hello World!
  • #1,673
  • Nov 29, 2013 6:07pm Nov 29, 2013 6:07pm
Quoting ClockTrader
Thanks Bears for coming, GoodBye! See you Next Year!

??? turn bullish ?

I have made bit of coin on short side and flat now.
  • #1,674
  • Edited 11:53pm Nov 29, 2013 11:42pm | Edited 11:53pm
Quoting seaman2
{quote} ??? turn bullish ? I have made bit of coin on short side and flat now.
Most Probably we have bottomed out, Gold did this like a week back. It was most unexpected :-(

It may continue to go sideways & then slightly up on Mon-Tue, thereafter some fluctuation around middle of the week.

The least possible & WORST scenario would be Gold breaking the 1225 bottom going down like $100 from 1250.

In either case, its right time for investors to build Longs this week :-)

EDIT: Going down like $100 from 1250
Hello World!
  • #1,675
  • Nov 29, 2013 11:43pm Nov 29, 2013 11:43pm
Quoting Niranj
{quote} have been read your posts for a while. very impressive the way you trade on the basis of planetary movements I entered long and i believe it will go up as long as it does not breach the support line in the picture. Once it breacks i dont know what is the next support. Personally i feel gold is trading at very low level and its good level to buy if one has interest in physical gold. {image}
You may have been quite right mate!
Hello World!
  • #1,676
  • Nov 30, 2013 12:04am Nov 30, 2013 12:04am
The over all trend is still bearish but I see a triangle being formed with triple top at 1255. There is a psychological resistance around 1258-1261. Once it is broken, It will act as a strong support and I expect we will see a bullish trend for next three four months at least. So buying above 1261 with 1255 SL is the idea.
On the bearish side, if the triangle is not broken that means that if on Monday we don't see below 1244 and on Tuesday we do not see below 1248. Then they are huge chances of an upper side break out.
If the triangle is broken and if goes down, I would keep an eye on 1225 level and then 1205. I do Not see it going below 1200
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Ehtesham Bokhari
  • #1,677
  • Nov 30, 2013 6:12am Nov 30, 2013 6:12am
GOLD WEEKLY CHART

(MELTING ICEBERG SHAPE)

We may see sudden drops to the 680-850 area. BE CAREFULL !!!
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  • #1,678
  • Edited 12:07pm Nov 30, 2013 11:30am | Edited 12:07pm
my opinion...
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  • #1,679
  • Nov 30, 2013 9:41pm Nov 30, 2013 9:41pm
Quoting prototip
my opinion... {image} {image} {image}
I would appreciate going long at this juncture to long term investors only, others should play light long or short or whatever.

Quoting davidsayli
GOLD WEEKLY CHART (MELTING ICEBERG SHAPE) We may see sudden drops to the 680-850 area. BE CAREFULL !!! {image}
There may be some downside left, 100 $s at the most in Worst scenario, but I strongly DISAGREE with 680-850. Secondly, you always give a call & then disappear for several months in a row. If you indeed go right, I would really appreciate you saying, "See, I told ya" On the other hand just in case your call goes wrong, you can always say "Oooppss, No Bingo :-( The Gringo ran with my money". Once you give a call, try to stay around for a while mate.

I plan to hit the BUY button real HARD sometime between 5th & 10th of Dec, in line with the time-frame I've been predicting for several weeks now. Until then I plan to play light, up / down using my Clock settings.

PS: As always I remain biased towards longs for non-cerebral reasons.
Hello World!
  • #1,680
  • Dec 1, 2013 5:10am Dec 1, 2013 5:10am
Quoting ClockTrader
{quote} Most Probably we have bottomed out, Gold did this like a week back. It was most unexpected :-( It may continue to go sideways & then slightly up on Mon-Tue, thereafter some fluctuation around middle of the week. The least possible & WORST scenario would be Gold breaking the 1225 bottom going down like $100 from 1250. In either case, its right time for investors to build Longs this week :-) EDIT: Going down like $100 from 1250
I will start week selling at 1260 or so. See how it goes.
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