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  • #11,481
  • Jul 14, 2014 1:26am Jul 14, 2014 1:26am
Quoting msfu
holy shit
mehn gold is crashing so fast
  • #11,482
  • Jul 14, 2014 1:30am Jul 14, 2014 1:30am
debt talks and bearish outlooks have impacted gold today by the looks of it, and a very overbought scenario has encouraged even more selling and covering of longs as we break through supports.
  • #11,483
  • Jul 14, 2014 1:32am Jul 14, 2014 1:32am
it's geometry
where are we? we are here. where are we going? ...
  • #11,484
  • Jul 14, 2014 1:37am Jul 14, 2014 1:37am
I hate these market manipulators f.e. goldmans and...
  • #11,485
  • Jul 14, 2014 1:38am Jul 14, 2014 1:38am
I bet it was prototip! damn him and his abilities to know what the market is doing!

Quoting mijoal
I hate these market manipulators f.e. goldmans and...
  • #11,486
  • Jul 14, 2014 1:41am Jul 14, 2014 1:41am
Lol Mitchoss, all hale prototip his $100,000,000.00 fund must be moving the market!!!
  • #11,487
  • Jul 14, 2014 1:43am Jul 14, 2014 1:43am
Quoting heispark
What a busy Monday. Already moved 100 pips. We may not have good trading opportunity anymore today. Better close the trade and come back tomorrow....
Now more than 220... 30 day ADR came back to 130.
I love Gold....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,488
  • Jul 14, 2014 1:45am Jul 14, 2014 1:45am
Bet ya its going right back up to 1340 by end of day , emphasis on word BET cause that's all we mortals can do these days.
Officer ... I swear to drunk I am not God
  • #11,489
  • Jul 14, 2014 1:49am Jul 14, 2014 1:49am
Quoting Fidza
Bet ya its going right back up to 1340 by end of day , emphasis on word BET cause that's all we mortals can do these days.
Planning & lotsa patience is all you need. Then there is no betting involved..
Money Makes Money
  • #11,490
  • Jul 14, 2014 1:51am Jul 14, 2014 1:51am
Lack of either will be your undoing in trading

Quoting KiwiOz
{quote} Planning & lotsa patience is all you need. Then there is no betting involved..
  • #11,491
  • Jul 14, 2014 1:53am Jul 14, 2014 1:53am
http://upcity.ir/images2/29254359777437551730.png

http://upcity.ir/images2/21590186692266019341.png

http://upcity.ir/images2/83877818150057592621.png
  • #11,492
  • Jul 14, 2014 2:29am Jul 14, 2014 2:29am
Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,493
  • Edited 2:52am Jul 14, 2014 2:41am | Edited 2:52am
Was able to get short on support break looking for the retest to get long again....massive move very impressive. 1315.8 sure sounds familiar...right back to it
Attached Image(s) (click to enlarge)
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  • #11,494
  • Jul 14, 2014 2:42am Jul 14, 2014 2:42am
I have a gut feeling we will be in for a very big move shortly. I think it will be on the magnitude of a couple hundred dollars at least.

Why?
Well it seems at this point in time we have unusually large positions being taken on Comex by Hedge Funds and Swap dealers facing each other on opposite sides.

Looking at the most recent Silver COT (08/Jul/14):

Swap Dealers are at a massive and record breaking 58,318 lots on the short side.

Whilst Hedge Funds and Managed Money are holding a 43,951 lots on the long side.

The last time we have seen such large holdings of contracts was in 2010 when Hedge Funds were long 47k lots and we had capitulation on the other side with the short covering spike dragging gold upto $1900.


So we will see one side capitulate and with such large numbers it will move the market big time!!....... now the billion dollar question this time is which way will it swing???
  • #11,495
  • Jul 14, 2014 2:45am Jul 14, 2014 2:45am
Quoting lappies
{quote} Are you 10 years old?
Quoting Mitchoss
I bet it was prototip! damn him and his abilities to know what the market is doing! {quote}
Quoting fxsnakes
Lol Mitchoss, all hale prototip his $100,000,000.00 fund must be moving the market!!!
hi guyz...
  • #11,496
  • Jul 14, 2014 2:46am Jul 14, 2014 2:46am
Currently at B.E. . Price (1320) sitting on daily support (TL from LL 6.12.13) but this could be a pullback to the weekly bull B.O. TL from HH 30.9.12. I will add to position if drop.
Attached Image (click to enlarge)
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As the lights go by so too do the shadows move
  • #11,497
  • Jul 14, 2014 2:48am Jul 14, 2014 2:48am
Quoting prototip
{quote} {quote} {quote} hi guyz...
Please refrain from making posts that don't make any sense.
Hello World!
  • #11,498
  • Jul 14, 2014 2:52am Jul 14, 2014 2:52am
Most of the longs above 1300 closed +vely, remainder left

Doesn't look awesome anymore!
Attached Image
Hello World!
  • #11,499
  • Jul 14, 2014 3:05am Jul 14, 2014 3:05am
We do a little abc here on this pullback it puts me right at my area @ 1326 even...will be watching there to see if they take it back down to the lows to retest 1316
Attached Image (click to enlarge)
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  • #11,500
  • Jul 14, 2014 3:49am Jul 14, 2014 3:49am
Quoting Dafonz
I have a gut feeling we will be in for a very big move shortly. I think it will be on the magnitude of a couple hundred dollars at least. Why? Well it seems at this point in time we have unusually large positions being taken on Comex by Hedge Funds and Swap dealers facing each other on opposite sides. Looking at the most recent Silver COT (08/Jul/14): Swap Dealers are at a massive and record breaking 58,318 lots on the short side. Whilst Hedge Funds and Managed Money are holding a 43,951 lots on the long side. The last time we have seen such...
Very good bit of information this.. Kudos.

I'm still holding my sell from last week..Locked in 100pips and hoping for some sniffing circa 1300..
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