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Only Gold!

  • #8,781
  • May 16, 2014 6:04am May 16, 2014 6:04am
SIlver tends to go down like a bitch but gold tends to go up, Which one will win the shitty game?!
  • #8,782
  • May 16, 2014 6:11am May 16, 2014 6:11am
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  • #8,783
  • May 16, 2014 6:29am May 16, 2014 6:29am
Careful guys, weekly still showing nice down signal for a little llongerl, short term longs will play nice but we are still going down.
A genius is born every minute, me I am lucky if my socks match.
  • #8,784
  • May 16, 2014 6:30am May 16, 2014 6:30am
Quoting whackdiddy
Careful guys, weekly still showing nice down signal for a little llongerl, short term longs will play nice but we are still going down.
Lol, at my whiskey bar, hence the minted sentance!
A genius is born every minute, me I am lucky if my socks match.
  • #8,785
  • May 16, 2014 7:34am May 16, 2014 7:34am
nice fall, i will watch price action closely around 1280. gold could collapse or rebound.
  • #8,786
  • May 16, 2014 7:42am May 16, 2014 7:42am
Line to Line baby... Line to Line....

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  • #8,787
  • May 16, 2014 8:30am May 16, 2014 8:30am
Quoting whackdiddy
I am starting to agree with CT Trader... I will start buying up dips like nobodies business, hell may even mortgage the house and buy gold (it will keep me warm and safe from weather, won't it)... Why, read this.. http://www.gold-eagle.com/article/ar...-us-dollar-era So two scenarios... 1. China actually do slow down and cause a panic in the market and a major rally to gold occurs. 2. US does in fact spark another GFC or a very jittery market and as above everybody rallies to safe havens. So I will be...
Hey dude, I never said to buy on dips. Its about seasons what I follow. IF the fall continues, it could fall 100 - 150 $s from current levels. I have put up multiple properties on sale, but, real estate is kind of dead here (in North India) these days.

I have some backup plans though, to buy in decent quantities. Lets see how things unfold until next month end.
Hello World!
  • #8,788
  • May 16, 2014 8:50am May 16, 2014 8:50am
Usd index hs broken through support...More downside is perhaps on its way (euro recovered but yen is struggling to find direction)... which means that gold could have seen its bottom for the day!

*still have to be careful as 100 sma did not hold on the daily yesterdays close*
  • #8,789
  • May 16, 2014 8:55am May 16, 2014 8:55am
Quoting waleed.khan
usd index hs broken through support...more downside is perhaps on its way (euro recovered but yen is struggling to find direction)... Which means that gold could have seen its bottom for the day! *still have to be careful as 100 sma did not hold on the daily yesterdays close*
yes just beel having a look usdjy on the day,if it goes it will go think,,
  • #8,790
  • May 16, 2014 9:01am May 16, 2014 9:01am
Quoting elbert3
{quote} yes just beel having a look usdjy on the day,if it goes it will go think,,
precisely..(just to confirm- you mean down right?) but it is a key support level!

well that should be in golds favor...
  • #8,791
  • Edited 11:57am May 16, 2014 11:27am | Edited 11:57am
I don't trade patterns. I think I don't. maybe I do kind of.... Anyway.... Is that a Head & Shoulders forming...?

I'm losin' my mind... I know.... but it's all good....

anyway.... till Monday.......

Don't stare at charts more than boobs over the weekend.


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  • #8,792
  • May 16, 2014 12:34pm May 16, 2014 12:34pm
Had to stay away and solidify my method and this week 4 out of 5 were winners (should have been 5/6 though but kinda forgot to set my BE/TP for one trade and that was the one with the highest profit outta them all, still feeling a bit sore for making that mistake)!

No definite trend this week but hopefully next week would be better cos that's where the money is
Less is more...
  • #8,793
  • May 16, 2014 12:36pm May 16, 2014 12:36pm
Quoting ClockTrader
{quote} Hey dude, I never said to buy on dips. Its about seasons what I follow. IF the fall continues, it could fall 100 - 150 $s from current levels. I have put up multiple properties on sale, but, real estate is kind of dead here (in North India) these days. I have some backup plans though, to buy in decent quantities. Lets see how things unfold until next month end.
Hey CT

Do you think there is a good possibility that the new indian govt can relax import restrictions on gold? or do you think that they going to leave it as it is...?
  • #8,794
  • May 16, 2014 2:50pm May 16, 2014 2:50pm
Quoting waleed.khan
{quote} precisely..(just to confirm- you mean down right?) but it is a key support level! well that should be in golds favor...
hi,, yes short ,101.850 could be if it holds or a clear break out on monday morning , we will see ,have a good weekend regards E
  • #8,795
  • May 16, 2014 5:43pm May 16, 2014 5:43pm
Commercial continue adding short, managed money reduce long position plus HL LL weekly candle, price manage to break lower.
  • #8,796
  • May 16, 2014 5:48pm May 16, 2014 5:48pm
With the precious metal continues all the same, nothing has changed.
  • #8,797
  • May 17, 2014 1:40am May 17, 2014 1:40am
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Find your passion and work hard
  • #8,798
  • May 18, 2014 12:08am May 18, 2014 12:08am
Quoting waleed.khan
{quote} Hey CT Do you think there is a good possibility that the new indian govt can relax import restrictions on gold? or do you think that they going to leave it as it is...?
The new Govt is extremely business friendly, loved by corporates of India. Relaxations on Gold imports is a matter of tax evasion and to some extent related with smuggling. I think its too early to say, but, new Govt could possibly relax some restrictions.
Hello World!
  • #8,799
  • May 18, 2014 12:15pm May 18, 2014 12:15pm
Quoting saeedbarzvar
{image}
Gold is setting for $100-$200 bull trend. We have to wait till end of this month

http://www.earnfromfx.com/uploads/im...qY7kZOPjFD.jpg​
Thathwamasi
  • #8,800
  • May 18, 2014 12:40pm May 18, 2014 12:40pm
Dear

My Wish your dreams come true but I am sorry I am not agree with this chat if waiting to close below 1283 then I will jump with hammer to chop Gold In my views only 20 to 25 pips will jump up But Gold is totally bearish and 2015 My analysis says Gold will trader below 1000$ in any month of 2015

If any fundamentals news arrived like Ukraine crisis then I am with you

Any way this is just comments what will happen Bull and Bears knows u and me are small insect of market

Take care
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