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Only Gold!

  • #17,561
  • Oct 14, 2014 5:33pm Oct 14, 2014 5:33pm
Quoting poseikwame
{quote} sad with the movement on Gold... This has cost alot of jobs and mining firms... I run a small scale mining company and this situation hasn't done justice to us at all... I spoke to a StandChart Bank analyst and he mentions there's a possibility for bearish to around the $800-700 region which isn't a very good look.
Well buddy for me as a jewelly and small jewel factory woner i wish to see the 800 and 700 zone soon
Cuz this could give the market a good puch in our bussniess
This is how things gos buddy (",)
Senior Trader Multi-Account Manager
  • #17,562
  • Oct 14, 2014 5:37pm Oct 14, 2014 5:37pm
Quoting lorix
{quote} Well buddy for me as a jewelly and small jewel factory woner i wish to see the 800 and 700 zone soon Cuz this could give the market a good puch in our bussniess This is how things gos buddy (",)
well I understand your point... but with alot of mines looking to shut down due to operations getting more expensive doesn't sit right... hows the jewelry manufacturing business?... where you based?...
  • #17,563
  • Oct 14, 2014 5:40pm Oct 14, 2014 5:40pm
Quoting poseikwame
{quote} well I understand your point... but with alot of mines looking to shut down due to operations getting more expensive doesn't sit right... hows the jewelry manufacturing business?... where you based?...
Not as anyone expect cuz of high prices's of gold in the past few years
We are located in jordan( hashmit kingdome of jordan))
Senior Trader Multi-Account Manager
  • #17,564
  • Oct 14, 2014 5:45pm Oct 14, 2014 5:45pm
Quoting lorix
{quote} Not as anyone expect cuz of high prices's of gold in the past few years We are located in jordan( hashmit kingdome of jordan))
But when gold is high it still holds it value with alot of purchase coming in from Asia mainly China and India theres still potential... Jordan i heard is very lovely... one of my mates came there to work on a large project design for Ghana with Dar al Handasah (Design Office) in Amman. Same company that built the Talal Sharir bridge...
  • #17,565
  • Oct 14, 2014 5:49pm Oct 14, 2014 5:49pm
Quoting poseikwame
{quote} But when gold is high it still holds it value with alot of purchase coming in from Asia mainly China and India theres still potential... Jordan i heard is very lovely... one of my mates came there to work on a large project design for Ghana with Dar al Handasah (Design Office) in Amman. Same company that built the Talal Sharir bridge...
Yeah its ok ... Yeah i know this design office
Senior Trader Multi-Account Manager
  • #17,566
  • Oct 14, 2014 5:55pm Oct 14, 2014 5:55pm
I will love to visit soon and see what opportunities are there to explore between the 2 countries... with Ghana on the verge of a major boom I always like to find companies who are willing to expand and looking to explore opportunities on the african subregion using Ghana as their base. I see you are raking in the profits Lorix... this is good!! Seeing profits is the way forward
  • #17,567
  • Oct 14, 2014 6:03pm Oct 14, 2014 6:03pm
We'll likely to go South starting now, mid-term wise..
Monthly Pivot level of $1234 still strongly resists Gold to go higher..
Attached Image (click to enlarge)
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  • #17,568
  • Oct 14, 2014 6:04pm Oct 14, 2014 6:04pm
Quoting poseikwame
I will love to visit soon and see what opportunities are there to explore between the 2 countries... with Ghana on the verge of a major boom I always like to find companies who are willing to expand and looking to explore opportunities on the african subregion using Ghana as their base. I see you are raking in the profits Lorix... this is good!! Seeing profits is the way forward
(",)
Yeah ive learnd my lesson from this market long time ago and now
I make a living from it
Senior Trader Multi-Account Manager
  • #17,569
  • Oct 14, 2014 6:06pm Oct 14, 2014 6:06pm
This news from China, do you think that will go up or down the gold?
  • #17,570
  • Oct 14, 2014 6:13pm Oct 14, 2014 6:13pm
Quoting wibie g
We'll likely to go South starting now, mid-term wise.. Monthly Pivot level of $1234 still strongly resists Gold to go higher.. {image}
well Gold has been looking to go south all week forecasted...and will maybe try a bounce bank before the holiday period into new year... projections are 19xx-2xxx region but hey... anything can happen
  • #17,571
  • Oct 14, 2014 6:17pm Oct 14, 2014 6:17pm
Quoting lorix
{quote} (",) Yeah ive learnd my lesson from this market long time ago and now I make a living from it
Well this game teaches alot and also raises your experience pack. In terms of greed and patience... Do you trade a portfolio?
  • #17,572
  • Oct 14, 2014 6:26pm Oct 14, 2014 6:26pm
Quoting poseikwame
{quote} well Gold has been looking to go south all week forecasted...
been looking to go south all week?? Which planet's gold chart you've been looking at, sir?
Which week are you referring to? It's only Tuesday this week. Last week, was an obvious North-ward..
  • #17,573
  • Oct 14, 2014 7:12pm Oct 14, 2014 7:12pm
Quoting wibie g
{quote} been looking to go south all week?? Which planet's gold chart you've been looking at, sir? Which week are you referring to? It's only Tuesday this week. Last week, was an obvious North-ward..
last week was north bound but this week is looking all south bound to me and also with forecasts from a few analyst an the movements of various markets... even oil is suffering... looking like another fragile bubble waiting to burst...
  • #17,574
  • Oct 14, 2014 8:58pm Oct 14, 2014 8:58pm
Quoting Azmat313
sold at 1232.76..... target 1220, finger crossed
People here incl. me would like to see why you sold?
Hello World!
  • #17,575
  • Oct 14, 2014 8:59pm Oct 14, 2014 8:59pm
Quoting haider13
{quote} looking at the USD gaining strength again.. looking how crude is crashing.. looking at the currencies (EUR nd GBP) are crashing.. and how gold has so far sucked up this pressure... i dont think it can hold on longer.. dont you think technicals on gold wont really matter now ?
Interesting view about USD.
Hello World!
  • #17,576
  • Oct 14, 2014 9:16pm Oct 14, 2014 9:16pm
it is China which is ruled world economy, their negative data give a slip in the Gold bull rally
  • #17,577
  • Oct 14, 2014 10:17pm Oct 14, 2014 10:17pm
entered long at 1225, targeting 1250+
  • #17,578
  • Oct 14, 2014 10:25pm Oct 14, 2014 10:25pm
got my first loss with reduced long lot order

new supply is found at 1233-31
Attached Image (click to enlarge)
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Gold Annihilation System
  • #17,579
  • Oct 14, 2014 10:33pm Oct 14, 2014 10:33pm
Quoting Hunterrus
got my first loss with reduced long lot order new supply is found at 1233-31 {image}
what does new supply mean? im sorry im new.
  • #17,580
  • Oct 14, 2014 11:06pm Oct 14, 2014 11:06pm
Quoting zew
entered long at 1225, targeting 1250+
What makes you think it will go to 1250+ ?
Hello World!
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