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  • #19,721
  • Nov 27, 2014 10:04pm Nov 27, 2014 10:04pm
Quoting banker19
y gold going down??? without any reason....?? not a single upward movement from tomorrow evening ???wt has happen??
Swiss referendum on Sunday. I wouldn't want to be long this too after seeing what happened to crude oil last night i.e an unexpected reaction to an otherwise predictable outcome.
"Where you want to be is always in control, never wishing, always trading.
  • #19,722
  • Nov 27, 2014 10:19pm Nov 27, 2014 10:19pm
Gold may surge according to CNBC.

http://www.cnbc.com/id/102220345
  • #19,723
  • Nov 27, 2014 10:20pm Nov 27, 2014 10:20pm
Quoting banker19
y gold going down??? without any reason....?? not a single upward movement from tomorrow evening ???wt has happen??
USD is strengthening, gold will reach 1000, is the trend in the long term, (is not like the oil or XAU are losing their real value). but I think that gold will wait for the Swiss referendum, 1174- 1172 appears to a great point to buy, and then get a new high before or after that outcomes
  • #19,724
  • Nov 27, 2014 10:29pm Nov 27, 2014 10:29pm
guess its time to buy good luck all
Let me fill my acount wallet then will take Ur advice
  • #19,725
  • Nov 27, 2014 10:31pm Nov 27, 2014 10:31pm
Quoting banker19
y gold going down??? without any reason....?? not a single upward movement from tomorrow evening ???wt has happen??
Just an advice mate its gonna falling o\down like rain untill vary next monday you gonna see new nombers then it will go back to the way its used to be
Let me fill my acount wallet then will take Ur advice
  • #19,726
  • Nov 27, 2014 10:32pm Nov 27, 2014 10:32pm
I would like to wait & watch until I see any volatility.. I would like to see a peakout on M15-M30 to sell from.

VVSA is my only guide in this dark jungle!
Hello World!
  • #19,727
  • Nov 27, 2014 10:41pm Nov 27, 2014 10:41pm
Quoting rafat habeb
guess its time to buy good luck all
i'm trying closing all my precious metal by today... sunday referendum is scarely.
  • #19,728
  • Nov 27, 2014 10:45pm Nov 27, 2014 10:45pm
i agree with the unstable positions ,though i am trading 30M to 1h with low risk ,also its bite risky but thats in my nature
Let me fill my acount wallet then will take Ur advice
  • #19,729
  • Nov 27, 2014 10:46pm Nov 27, 2014 10:46pm
Attached Image (click to enlarge)
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just do not see who does not want to see
  • #19,730
  • Nov 27, 2014 11:15pm Nov 27, 2014 11:15pm
Regarding the Swiss Referendum.

There is NO way the Swiss Referendum vote will ever be enacted into law, even if the public were to vote yes!

It is important to note that for the Swiss public vote to be enacted into law the vote must be ratified and supported by the 26 Cantons(Swiss State governments). And they are almost guaranteed to shoot it down!

If the huge purchase of Gold was to go ahead the Cantons would lose the dividend payments that they are currently getting from the central bank. Hence the Cantons are almost completely against this referendum. The public may vote yes, but the Cantons will almost definitely vote NO - which means this thing is a pointless exercise!

I am going to be holding a short position over the weekend with plenty of margin to allow for any large and short lived spikes.

Swiss referendum aside there are too many bearish factors in play, the recent oil plunge is a very bad sign for Gold bulls.
  • #19,731
  • Nov 27, 2014 11:37pm Nov 27, 2014 11:37pm
My advice for all good people here is to sit and watch the government impact ( the announcement due to Chf banks) then you can trade in as sell or buy from where ver it is ,that's if your own risk management is too low to handle cuz i am sure there will be alot of losing positions and again its an advice ,so everyone should think by him self and watch how this rumer or what ever it is would work upon forex chart or CFD , and i wish the best good luck for everyone and for sure we will meet next Sunday and i hope to see everyone wining big time

for me i will set by limit at 1172 ( my own image ) haha and sell limit at 1880 (if it goes thats high due to morning movment starting an hour from now )
Let me fill my acount wallet then will take Ur advice
  • #19,732
  • Nov 27, 2014 11:54pm Nov 27, 2014 11:54pm
Quoting Dafonz
Regarding the Swiss Referendum. There is NO way the Swiss Referendum vote will ever be enacted into law, even if the public were to vote yes! It is important to note that for the Swiss public vote to be enacted into law the vote must be ratified and supported by the 26 Cantons(Swiss State governments). And they are almost guaranteed to shoot it down! If the huge purchase of Gold was to go ahead the Cantons would lose the dividend payments that they are currently getting from the central bank. Hence the Cantons are almost completely against this...
Yeah judging from the way crude oil crashed yesterday it seems that the risks are far too great to be on the long side now. Large specs just want to liquidate their commodity longs now, they are selling both on the rumour AND on the news. I doubt the failure of the swiss referendum has been priced in.
"Where you want to be is always in control, never wishing, always trading.
  • #19,733
  • Nov 27, 2014 11:57pm Nov 27, 2014 11:57pm
Is USA observing a holiday today (28th)?

There is no such holiday mentioned in .gov sites, any inputs on this?

https://www.google.co.uk/#q=us+feder...+2014+calendar
Hello World!
  • #19,734
  • Nov 27, 2014 11:59pm Nov 27, 2014 11:59pm
Quoting criloz
{quote} USD is strengthening, gold will reach 1000, is the trend in the long term, (is not like the oil or XAU are losing their real value). but I think that gold will wait for the Swiss referendum, 1174- 1172 appears to a great point to buy, and then get a new high before or after that outcomes
Hi All,

Here in ZAR the peeps are marking the gold down to a 1000, the mines are doing lay-offs, and big, closing shafts. The Swiss referendum, will only have longterm in pack on the market not for the short term. If the yes win then it is still going to take 8-9months before the new law is in place. On intraday there will be spike and then back to the long term trend as I said yesterday.Just my view
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #19,735
  • Nov 28, 2014 12:04am Nov 28, 2014 12:04am
Quoting ClockTrader
Is USA observing a holiday today (28th)? There is no such holiday mentioned in .gov sites, any inputs on this? https://www.google.co.uk/#q=us+feder...+2014+calendar
It could be, Black Friday hahahaha
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #19,736
  • Nov 28, 2014 12:05am Nov 28, 2014 12:05am
Quoting hjs69
{quote} Hi All, Here in ZAR the peeps are marking the gold down to a 1000, the mines are doing lay-offs, and big, closing shafts. The Swiss referendum, will only have longterm in pack on the market not for the short term. If the yes win then it is still going to take 8-9months before the new law is in place. On intraday there will be spike and then back to the long term trend as I said yesterday.Just my view
One of the biggest, perhaps the biggest mine is in Africa, rt?
Hello World!
  • #19,737
  • Nov 28, 2014 12:12am Nov 28, 2014 12:12am
Quoting Spec_And
{quote} Y. I doubt the failure of the swiss referendum has been priced in.
That's what i'm banking on come monday!
  • #19,738
  • Nov 28, 2014 12:23am Nov 28, 2014 12:23am
Quoting ClockTrader
{quote} One of the biggest, perhaps the biggest mine is in Africa, rt?
Yes some of the shafts run up to 4km underground. It takes you couple of minutes to get to the bottom. A friend of mine was mine manager at one of the mines, so he took me down there.

Green pips for all
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #19,739
  • Nov 28, 2014 12:56am Nov 28, 2014 12:56am
Long Gold (Indian Contracts)
Pending Short @ 1281 (Forex)

This is all I could think of today.. at least one account will make money..

IF it begins to go sideways around 1280 range, I'll wait for Clean & Clear Bingo H1 on VVSA.. (CCBH1)
Hello World!
  • #19,740
  • Nov 28, 2014 1:58am Nov 28, 2014 1:58am
Quoting ClockTrader
Long Gold (Indian Contracts) Pending Short @ 1281 (Forex) This is all I could think of today.. at least one account will make money.. IF it begins to go sideways around 1280 range, I'll wait for Clean & Clear Bingo H1 on VVSA.. (CCBH1)
Hi CT,

how can I trade Indian contracts? Broker etc.?

Thanks
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