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  • #19,761
  • Nov 28, 2014 8:13am Nov 28, 2014 8:13am
Quoting erdogac
If it breaks 1175 we can see 1155 easily. Guess it will happen.
Remember the two,second gold bull blood shed last december?
Edit-minute maybe. Bad memory.
A trade should be based on an assumption based on facts
  • #19,762
  • Nov 28, 2014 8:20am Nov 28, 2014 8:20am
IF this is not fake & will play out as VVSA suggests, we could be going up..

should be clear within an hr or so..

been scalping like a video game..

Gosh! Too Fast.. Too Furious..
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Hello World!
  • #19,763
  • Nov 28, 2014 8:20am Nov 28, 2014 8:20am
This Sunday 30 November could be the most significant day for gold in decades, as Swiss National Bank (SNB) asks Switzerland’s general public whether it should increase gold reserves.
Any insights where it should go?
  • #19,764
  • Nov 28, 2014 8:26am Nov 28, 2014 8:26am
Quoting orangutangas
This Sunday 30 November could be the most significant day for gold in decades, as Swiss National Bank (SNB) asks Switzerland’s general public whether it should increase gold reserves. Any insights where it should go?
The referendum will fail (majority will vote "no"), that much is certain (99% certain). What is uncertain is the reaction to the result on Monday, but I got a feeling its not going to be positive. Look at the price action in crude oil yesterday...
"Where you want to be is always in control, never wishing, always trading.
  • #19,765
  • Nov 28, 2014 8:27am Nov 28, 2014 8:27am
Quoting ClockTrader
IF this is not fake & will play out as VVSA suggests, we could be going up.. should be clear within an hr or so.. been scalping like a video game.. Gosh! Too Fast.. Too Furious.. {image}
Yp too fast too furioous.... at the time thinking it will hit 1190 it came striking down 1179
  • #19,766
  • Nov 28, 2014 8:28am Nov 28, 2014 8:28am
No hope of jack/sledge hammer bar??/ wishing it could hit right it....
  • #19,767
  • Nov 28, 2014 8:31am Nov 28, 2014 8:31am
Desperately hanging on to 1180 major pivot point.
"Where you want to be is always in control, never wishing, always trading.
  • #19,768
  • Nov 28, 2014 8:36am Nov 28, 2014 8:36am
Quoting Spec_And
{quote} The referendum will fail (majority will vote "no"), that much is certain (99% certain). What is uncertain is the reaction to the result on Monday, but I got a feeling its not going to be positive. Look at the price action in crude oil yesterday...
The seasons been nasty with Gold, but Dark Seasons with Crude could have made a fortune..

Check the first post of "Dark Seasons.." my other thread.. Crude follow seasons too.. just inverse the Golden Seasons..

Crude is supposed to be bearish from June to Dec.. Check history & you'll agree with me..

Crude will stop falling after Jan-Feb IMHO... this is all off the topic, but, I just thought I should share..

As far as falling of Gold is concerned, YES, the fall may continue, BUT, its gonna be volatile.. in the 1130-1200 range.. IMHO.

VVSA so hot, I feel like I might just jump off my chair....
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  • #19,769
  • Nov 28, 2014 8:42am Nov 28, 2014 8:42am
last week gold hit weekly R1 at 1206, and was unable to stay above that. Today is the last day of the week and month. IMO gold will stay around 1181 because this is the weekly S1. I hope to see lower price in next week. Look at weekly chart, retracing maybe over, and it could be another down trend.

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Trade at your own risk. Don't follow one's opinion.
  • #19,770
  • Nov 28, 2014 8:48am Nov 28, 2014 8:48am
Quoting ClockTrader
{quote} The seasons been nasty with Gold, but Dark Seasons with Crude could have made a fortune.. Check the first post of "Dark Seasons.." my other thread.. Crude follow seasons too.. just inverse the Golden Seasons.. Crude is supposed to be bearish from June to Dec.. Check history & you'll agree with me.. Crude will stop falling after Jan-Feb IMHO... this is all off the topic, but, I just thought I should share.. As far as falling of Gold is concerned, YES, the fall may continue, BUT, its gonna be volatile.. in the 1130-1200 range.. IMHO. VVSA...
I don't see any correlation, not in the past few years at least...
"Where you want to be is always in control, never wishing, always trading.
  • #19,771
  • Nov 28, 2014 9:00am Nov 28, 2014 9:00am
The metals are so manipulated.... UJ hitting new recent highs, EU dive bombing AU on the way down etc etc. What does gold do? shoots up for a 50 point stop hunt.
As the lights go by so too do the shadows move
  • #19,772
  • Nov 28, 2014 9:12am Nov 28, 2014 9:12am
Quoting Matts Micro
The metals are so manipulated.... UJ hitting new recent highs, EU dive bombing AU on the way down etc etc. What does gold do? shoots up for a 50 point stop hunt.
Just remembered the Swiss vote is on the weekend so in this case the move may be legit as it may be bought at the low prices in anticipation.
As the lights go by so too do the shadows move
  • #19,773
  • Nov 28, 2014 9:15am Nov 28, 2014 9:15am
hello guys.. how about gold tonight? will gold close at high?
  • #19,774
  • Nov 28, 2014 9:15am Nov 28, 2014 9:15am
Quoting Matts Micro
{quote} Just remembered the Swiss vote is on the weekend so in this case the move may be legit as it may be bought at the low prices in anticipation.
I dont follow Matts. I know about the Swiss vote this weekend but who is buying at low prices in anticipation?
"Bulls make money, bears make money, pigs get slaughtered"
  • #19,775
  • Nov 28, 2014 9:17am Nov 28, 2014 9:17am
Quoting Spec_And
{quote} I don't see any correlation, not in the past few years at least...
Check this & lets discuss this in the other thread, the below link leads to..

http://www.forexfactory.com/showthre...41#post7501441

:-)
Hello World!
  • #19,776
  • Nov 28, 2014 9:21am Nov 28, 2014 9:21am
Quoting ClockTrader
IF this is not fake & will play out as VVSA suggests, we could be going up.. should be clear within an hr or so.. been scalping like a video game.. Gosh! Too Fast.. Too Furious.. {image}
its about being hours CT... are we going up ????whts vvsa suggests now??
  • #19,777
  • Nov 28, 2014 9:23am Nov 28, 2014 9:23am
Quoting manosk
{quote} I dont follow Matts. I know about the Swiss vote this weekend but who is buying at low prices in anticipation?
In anticipation of?

The referendum is almost certainly going to fail, you'd have better odds of winning if you bought the lottery instead.
"Where you want to be is always in control, never wishing, always trading.
  • #19,778
  • Nov 28, 2014 9:24am Nov 28, 2014 9:24am
Quoting manosk
{quote} I dont follow Matts. I know about the Swiss vote this weekend but who is buying at low prices in anticipation?
I'm not saying anyone particular but if your bets were on Gold advancing up after the weekends vote then it is only logical to try to buy at the best (lowest) price.
As the lights go by so too do the shadows move
  • #19,779
  • Nov 28, 2014 9:28am Nov 28, 2014 9:28am
Quoting Spec_And
{quote} In anticipation of? The referendum is almost certainly going to fail, you'd have better odds of winning if you bought the lottery instead.
It seems to be the case by everything I've read too but even so to buy in the short time at this price would still not be terrible imo. Imo I think if it is a yes vote then Gold will become very bullish, at least in the short term but I don't think there will be a huge consequence if there is a no vote.
As the lights go by so too do the shadows move
  • #19,780
  • Nov 28, 2014 9:35am Nov 28, 2014 9:35am
Quoting Matts Micro
{quote} It seems to be the case by everything I've read too but even so to buy in the short time at this price would still not be terrible imo. Imo I think if it is a yes vote then Gold will become very bullish, at least in the short term but I don't think there will be a huge consequence if there is a no vote.
Ok got it, I agree actually. The people I have talked to here feel that the impact would be seen mostly on the EUR/CHF cross
"Bulls make money, bears make money, pigs get slaughtered"
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