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Only Gold!

  • #1,761
  • Dec 12, 2013 6:58am Dec 12, 2013 6:58am
Quoting mehr
{quote} Clock, Do inform us about your long term positions and Targets.
Dear,

I was, I am, I always will be long for long term, just take me granted for that.
On the other hand, I was lucky to hedge timely, do you want screenshots?

Quoting Ehtesham
@ClockTrader I am sensing a dip from here. I have buys above and some buy limits around 1232 any suggestions for long term trade
Well, suggestion for long term remains same as below:

Buy in June, Sell in Jan
Retain some if you can

I know it looks very hard to follow it at this juncture, I had shared this strategy on Page-15, way before June 1180 bottom appeared.

PS: As I posted earlier, I plan to share my views at macro levels only. Don't expect me to share on daily basis. I spent tons of my money & time & I still appear to be learning, but getting a lot better every month.

Tip: Whether its Bulls or Bears, be informed that its going be very very Volatile ahead.

Hello World!
  • #1,762
  • Dec 12, 2013 12:13pm Dec 12, 2013 12:13pm
yeah yeah... really volatile ..... did nothing just watch the show
  • #1,763
  • Dec 12, 2013 11:56pm Dec 12, 2013 11:56pm
Gold Headed one way that is DOWN .The strong Bearish correction should continue till $1000 at least ( rose from $700-1920+) .Any rise is just pure shorts covering n SL hunting . Any spike will get shorted n fall down .. no one buying The big guys still short on Gold all over the world . Going under $1000 very soon ..
  • #1,764
  • Dec 13, 2013 12:20am Dec 13, 2013 12:20am
Quoting rambo12
Gold Headed one way that is DOWN .The strong Bearish correction should continue till $1000 at least ( rose from $700-1920+) .Any rise is just pure shorts covering n SL hunting . Any spike will get shorted n fall down .. no one buying The big guys still short on Gold all over the world . Going under $1000 very soon ..

what make u so sure "The big guys still short on Gold all over the world"
  • #1,765
  • Dec 13, 2013 12:38am Dec 13, 2013 12:38am
If it goes down to 1000, I will accumulate more physical gold for my next generation. In my country, gold bar is still priced at around usd 1400 per oz.
  • #1,766
  • Dec 13, 2013 1:05am Dec 13, 2013 1:05am
Quoting jackychan167
{quote} what make u so sure "The big guys still short on Gold all over the world"
SPDRs sell gold.
  • #1,767
  • Dec 13, 2013 1:09am Dec 13, 2013 1:09am
Quoting rambo12
Gold Headed one way that is DOWN .The strong Bearish correction should continue till $1000 at least ( rose from $700-1920+) .Any rise is just pure shorts covering n SL hunting . Any spike will get shorted n fall down .. no one buying The big guys still short on Gold all over the world . Going under $1000 very soon ..
i don't see 1000$ happening even again the minimum we can see is around 1100 and that's it
Ehtesham Bokhari
  • #1,768
  • Dec 13, 2013 1:32am Dec 13, 2013 1:32am
Quoting jackychan167
{quote} what make u so sure "The big guys still short on Gold all over the world"
that's why its keep falling...irrespective of the news .. taper or no taper ... shortage of physical ..physical buying ....safe heaven... inflation .. blah blah
  • #1,769
  • Dec 13, 2013 1:34am Dec 13, 2013 1:34am
Quoting Ehtesham
{quote} i don't see 1000$ happening even again the minimum we can see is around 1100 and that's it
I said under $1000 .. not even $1000 . should go below $700/OZ
  • #1,770
  • Dec 13, 2013 1:34am Dec 13, 2013 1:34am
Quoting rambo12
{quote} that's why its keep falling...irrespective of the news .. taper or no taper ... shortage of physical ..physical buying ....safe heaven... inflation .. blah blah
it will recover some day, because the worth of Gold is not below 1300 in any case, Even if it stays on lower side, I see it leveling itself around 1250-1300 not below this level. Dips may come for short time
Ehtesham Bokhari
  • #1,771
  • Dec 13, 2013 1:47am Dec 13, 2013 1:47am
Quoting Ehtesham
{quote} it will recover some day, because the worth of Gold is not below 1300 in any case, Even if it stays on lower side, I see it leveling itself around 1250-1300 not below this level. Dips may come for short time

Its easy to say gold will go up ..because everything going up .. but ...think deeper .. do some research ...you will get the answer
  • #1,772
  • Dec 13, 2013 2:10am Dec 13, 2013 2:10am
Quoting Ehtesham
{quote} i don't see 1000$ happening even again the minimum we can see is around 1100 and that's it

your holding long positions ?
  • #1,773
  • Dec 13, 2013 2:19am Dec 13, 2013 2:19am
we have not see any panic selling yet(like massive sell off. $250 in just 2 days in April month ) ..its about come
  • #1,774
  • Dec 13, 2013 2:39am Dec 13, 2013 2:39am
Quoting rambo12
{quote} that's why its keep falling...irrespective of the news .. taper or no taper ... shortage of physical ..physical buying ....safe heaven... inflation .. blah blah
Quoting rambo12
{quote} I said under $1000 .. not even $1000 . should go below $700/OZ
Quoting rambo12
{quote} Its easy to say gold will go up ..because everything going up .. but ...think deeper .. do some research ...you will get the answer
Quoting rambo12
we have not see any panic selling yet(like massive sell off. $250 in just 2 days in April month ) ..its about come
When its climbing, you disappear from this thread & you are seen no where trying to sell Gold hard. If you are indeed a good seller, you should have come & started this clamor of selling when Gold was at highs, for example 1250-1260 range or even higher.

As soon as it falls & as it appears it might fall more (while it may or may not), you are posting 10 posts a day telling everyone to sell Gold. Grow up buddy!
Hello World!
  • #1,775
  • Dec 13, 2013 2:48am Dec 13, 2013 2:48am
Quoting ClockTrader
{quote} {quote} {quote} {quote} When its climbing, you disappear from this thread & you are seen no where trying to sell Gold hard. If you are indeed a good seller, you should have come & started this clamor of selling when Gold was at highs, for example 1250-1260 range or even higher. As soon as it falls & as it appears it might fall more (while it may or may not), you are posting 10 posts a day telling everyone to sell Gold. Grow up buddy!


sir you should check previous pages... I posted my positions and comments there please kindly have a look...added some more shorts at 1260 that I posted in previous page .... .. BTW .. I am not advising or forcing to everyone sell ..its just my view n opinion which I follow ... Trade on your own analysis . . good luck
  • #1,776
  • Dec 13, 2013 3:07am Dec 13, 2013 3:07am
Quoting rambo12
{quote} sir you should check previous pages... I posted my positions and comments there please kindly have a look...added some more shorts at 1260 that I posted in previous page .... .. BTW .. I am not advising or forcing to everyone sell ..its just my view n opinion which I follow ... Trade on your own analysis . . good luck
Even I mentioned previously few days ago Max .. expecting 1270-80 where I will add more shorts .. ...next week going to be high volatility .. ahead Of FOMC meeting ...gold may shoot up (no taper) ...Anyhow I will update next week ....have a great weekend to all of you .!!!
  • #1,777
  • Dec 13, 2013 3:39am Dec 13, 2013 3:39am
I see few supports, let me share them with you guys
for me,

1212-1215 is the first support
1208 being the low is the second significant one
1180 being the year lowest
1150 is a strong one
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 3.jpg Size: 179 KB
Ehtesham Bokhari
  • #1,778
  • Dec 13, 2013 3:58am Dec 13, 2013 3:58am
ramboo, what is the lowest
Ehtesham Bokhari
  • #1,779
  • Dec 13, 2013 4:05am Dec 13, 2013 4:05am
Quoting rambo12
{quote} Even I mentioned previously few days ago Max .. expecting 1270-80 where I will add more shorts .. ...next week going to be high volatility .. ahead Of FOMC meeting ...gold may shoot up (no taper) ...Anyhow I will update next week ....have a great weekend to all of you .!!!
tell us about your targets for short entries
Ehtesham Bokhari
  • #1,780
  • Dec 13, 2013 5:59am Dec 13, 2013 5:59am
Quoting Ehtesham
{quote} tell us about your targets for short entries


1180-50 my targets .. I will update ..once I close my positions
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