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  • #19,181
  • Nov 17, 2014 11:17am Nov 17, 2014 11:17am
Quoting griffinssoul
...if it breaks down under 1182 you would imagine from the dumpling top type pattern it would go south...?
Ok, so no dumplings... Mmmm dumplings... lol!
  • #19,182
  • Nov 17, 2014 11:26am Nov 17, 2014 11:26am
Quoting cvds16
ROFL Gold a good investment ? look at the averages it gives over real long term cycles ... not much better than any savings account whatsoever ... it has it's speculative spikes at times ... betting on those has nothing to do with investing ...
Buddy you dont know what an investment is! Look when Gold was at 300, 500, 800, 1000, and now 1100-1200. Gold is not meant to be a Im going to get rich off this. It is meant more as hedge to inflation and other risky assets like stocks! Real estate work too
All posts are my personal opinion
  • #19,183
  • Nov 17, 2014 1:18pm Nov 17, 2014 1:18pm
So, I am letting my profits run ... they run away ...
No guts, no glory
  • #19,184
  • Nov 17, 2014 1:21pm Nov 17, 2014 1:21pm
Quoting Rtm
{quote} Buddy you dont know what an investment is! Look when Gold was at 300, 500, 800, 1000, and now 1100-1200. Gold is not meant to be a Im going to get rich off this. It is meant more as hedge to inflation and other risky assets like stocks! Real estate work too
I am not your buddy nitwit ... people who 'invested' in the late seventies in gold are still big time negative after inflation ... people who invested about two years ago are down like 40% ... now who is lacking historical perspective ... you think you are 'investing' ... you are totally delusional ...
  • #19,185
  • Nov 17, 2014 1:27pm Nov 17, 2014 1:27pm
Quoting cvds16
{quote} I am not your buddy nitwit ... people who 'invested' in the late seventies in gold are still big time negative after inflation ... people who invested about two years ago are down like 40% ... now who is lacking historical perspective ... you think you are 'investing' ... you are totally delusional ...
whatever you think there pal! okie!
All posts are my personal opinion
  • #19,186
  • Nov 17, 2014 2:19pm Nov 17, 2014 2:19pm
Quoting cvds16
{quote} I am not your buddy nitwit ... people who 'invested' in the late seventies in gold are still big time negative after inflation ... people who invested about two years ago are down like 40% ... now who is lacking historical perspective ... you think you are 'investing' ... you are totally delusional ...
IF you had a 20$ Double Eagle would you sell it to RTM for 20 FRNs?
I may not be right...BUT, I am never wrong
  • #19,187
  • Nov 17, 2014 3:08pm Nov 17, 2014 3:08pm
I am not interested in either ... though from a historical point of view it probably would make sense ...
  • #19,188
  • Nov 17, 2014 5:45pm Nov 17, 2014 5:45pm
Quoting cvds16
I am not interested in either ... though from a historical point of view it probably would make sense ...
you are just being stubborn....of course you would not trade a double eagle for a 20$ bill
I may not be right...BUT, I am never wrong
  • #19,189
  • Nov 17, 2014 8:25pm Nov 17, 2014 8:25pm
i think gold now is preparing to go up.
level 1182 as springboard

my bias is long
http://s10.postimg.org/5zbts5h2x/xau.png
Profit is on the other side of your mind
  • #19,190
  • Nov 17, 2014 8:42pm Nov 17, 2014 8:42pm
Quoting Spartanholds
{quote} you are just being stubborn....of course you would not trade a double eagle for a 20$ bill
of course I would ! and I would buy stocks with those dollars ... they have a much much much better historirical track record over the long run ...
  • #19,191
  • Nov 17, 2014 9:32pm Nov 17, 2014 9:32pm
Quoting swilliam
i think gold now is preparing to go up. level 1182 as springboard my bias is long {image}
Hi swilliam, good call. We just need a close above 1190. Just one candle... any candle... lol. It looks absolutely lost on the 1H TF... ? Or, if thats not possible then it will come back down in a hurry perhaps?
  • #19,192
  • Nov 18, 2014 12:18am Nov 18, 2014 12:18am
Gold still on bearish wave. till 2015 march
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #19,193
  • Nov 18, 2014 12:51am Nov 18, 2014 12:51am
Given the patterns evolving, I would like to sit on sidelines for a while.

Luxury in itself.
Hello World!
  • #19,194
  • Nov 18, 2014 12:59am Nov 18, 2014 12:59am
As the yellow metal failed to break 1195 horizontal resistance level, it is more likely plunge again to $1160 soon. However, crucial ecoonmic releases during the week can help the yellow metal to surpass its immediate resistance to test 1208 and 1227 levels.
Attached Image (click to enlarge)
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  • #19,195
  • Nov 18, 2014 1:07am Nov 18, 2014 1:07am
Quoting Fx_Anil
As the yellow metal failed to break 1195 horizontal resistance level, it is more likely plunge again to $1160 soon. However, crucial ecoonmic releases during the week can help the yellow metal to surpass its immediate resistance to test 1208 and 1227 levels. {image}
Exactly right!

Waiting to pounce!

Masterrmind............
Master your Mind then Master your Trades
  • #19,196
  • Nov 18, 2014 1:15am Nov 18, 2014 1:15am
Quoting Fx_Anil
As the yellow metal failed to break 1195 horizontal resistance level, it is more likely plunge again to $1160 soon. However, crucial ecoonmic releases during the week can help the yellow metal to surpass its immediate resistance to test 1208 and 1227 levels. {image}

Don't you think it has to go up first before a healthy pullback occurs? The chart shows bullish divergence happening on daily TF
  • #19,197
  • Nov 18, 2014 1:37am Nov 18, 2014 1:37am
Quoting griffinssoul
{quote} Ooops! Sorry elbert3, just use to calling it a partial but I think we mean the same thing?
same same no probs ,,gl today E the crazy thing is you know your getting hit but,,,but stick to the plan, when you're new to this you would off pulled your sl down and down and end up with no profit .
  • #19,198
  • Nov 18, 2014 1:52am Nov 18, 2014 1:52am
Quoting Ranjeet1488
{quote} Don't you think it has to go up first before a healthy pullback occurs? The chart shows bullish divergence happening on daily TF
im still beliving in 1200-1210 before bears chop it again, didnt sell yet
  • #19,199
  • Nov 18, 2014 2:23am Nov 18, 2014 2:23am
elbert, what's your plan for today? I'm still holding set of long from 1185
  • #19,200
  • Nov 18, 2014 2:50am Nov 18, 2014 2:50am
sorry posted in wrong forum.
gold , the same , limit 1st 1222 or so expecting before further decision , broken the 1255 breaks also expect next for more up , otherwise crush to bottom & low below 1222.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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