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Only Gold!

  • #21,181
  • Jan 9, 2015 6:30am Jan 9, 2015 6:30am
Quoting TriLLi
{quote} I think opposite, with strong dollar as it is now, it's just matter of time when will it fall hard.
Actually US Dollar index was at around 89-90 something when gold stayed below 1200. Despite it's at 92.37 now, gold stays above 1200 now. Hence I think strength of dollar doesn't affect gold so much at this moment. The direction will depend on NFP coming up soon.
  • #21,182
  • Jan 9, 2015 6:31am Jan 9, 2015 6:31am
Quoting samalmoore
sell now sl1215 target 1190
pray for 1190 then we will see 1178 other side 1222-1240
  • #21,183
  • Jan 9, 2015 7:04am Jan 9, 2015 7:04am
Quoting Uturn2
GOLD 1H Chart: Wave (ii) Correction underway? Cheers, U2 http://www.forexfactory.com/showthre...80#post7983180

Wave Count updated.
Cheers, U2

http://www.forexfactory.com/showthre...68#post7983268
Wait, or you will be slaughtered!
  • #21,184
  • Jan 9, 2015 7:11am Jan 9, 2015 7:11am
Quoting NWGstudent
{quote} How long can this dollar manipulation last? If dollar show weakness this pair will fly
don't rush things
this time in my view will b last to see strong $
  • #21,185
  • Jan 9, 2015 7:14am Jan 9, 2015 7:14am
IMHO there is no way that gold can get to new high with current currency war, us data and usd strength, but that is only me.
Mining gold
  • #21,186
  • Jan 9, 2015 7:17am Jan 9, 2015 7:17am
Guessing 1165 low 1225 high, anyone?
  • #21,187
  • Jan 9, 2015 7:19am Jan 9, 2015 7:19am
Quoting egkid
{quote} don't rush things this time in my view will b last to see strong $
Don't be that sure, interest rates not been raised, not 0.000001% yet!
  • #21,188
  • Jan 9, 2015 7:23am Jan 9, 2015 7:23am
Quoting NWGstudent
{quote} How long can this dollar manipulation last? If dollar show weakness this pair will fly
Just my opinion but I don't think the US$ has been this strong for this long just from "manipulation". It takes "real" money to push a currency this far. The broad view is for higher rates in the US soon & current economic data is better than most countries so money is running in ahead of the "expected" higher rates & flowing out of weaker countries.
  • #21,189
  • Jan 9, 2015 7:24am Jan 9, 2015 7:24am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20.png Size: 29 KB
Ro IMRAN Ro
  • #21,190
  • Jan 9, 2015 7:32am Jan 9, 2015 7:32am
wtf just happened I have line all over my display
Mining gold
  • #21,191
  • Jan 9, 2015 7:34am Jan 9, 2015 7:34am
Did anyone notice, was it first up or down? in m15?
Mining gold
  • #21,192
  • Jan 9, 2015 7:36am Jan 9, 2015 7:36am
Quoting trilli
did anyone notice, was it first up or down? In m15?
m100\m200 cross in 15m
  • #21,193
  • Jan 9, 2015 7:39am Jan 9, 2015 7:39am
was down at first minute
  • #21,194
  • Jan 9, 2015 7:40am Jan 9, 2015 7:40am
Quoting TriLLi
Did anyone notice, was it first up or down? in m15?
down to 1208 first then suddenly skyrocket to 1217.
  • #21,195
  • Jan 9, 2015 7:40am Jan 9, 2015 7:40am
Quoting letscry
was down at first minute
thnx
Mining gold
  • #21,196
  • Jan 9, 2015 7:46am Jan 9, 2015 7:46am
Now I don't see a reason why not to break 1206, if it goes up we all should stop trading this pair
Mining gold
  • #21,197
  • Jan 9, 2015 7:54am Jan 9, 2015 7:54am
  •  Kah
  • | Joined Jun 2012 | Status: Patience is the Key to Success! | 150 Posts
As I always say - patience is the key.

Some savvy traders are to be taken out by the PA and psychological pressure. I am sure we are heading south and I would hold back to my positions and have patience.

Cheers,
KAH
  • #21,198
  • Jan 9, 2015 7:58am Jan 9, 2015 7:58am
Quoting Kah
As I always say - patience is the key. Some savvy traders are to be taken out by the PA and psychological pressure. I am sure we are heading south and I would hold back to my positions and have patience. Cheers, KAH
I'm still holding short, I'm also convinced that we will go south, but looking at the previous m15 candle volatility and US data nothing is certain
Mining gold
  • #21,199
  • Jan 9, 2015 8:08am Jan 9, 2015 8:08am
Short-term bullish as long as it stays above 1203 area.
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  • #21,200
  • Jan 9, 2015 9:11am Jan 9, 2015 9:11am
Could someone plz explain why gold is going up despite positive NFP & $ data???

Thanx
Success - It's not always what you see
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