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  • #24,601
  • Mar 17, 2015 8:54am Mar 17, 2015 8:54am
Quoting ClockTrader
{quote} When will the trend change and why? OR will it continue going down like this in your opinion?

Hehe SHORTS RUN OVER by the way, if you all mind to check ones again London Open was the highest point last night

http://www.kitco.com/charts/livegold.html

EA took $9=900

Now about TREND, by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation

I tell you what you will see 2k before if ever 1k that's guarantee by default.. If like today price quickly tanked then it will be

quickly picked up... There is some WHALE buying at 1150 or about, don't know who, but we might see little dump at FOMC OR

we might see freaking 50$ Bump cause those manipulators obviously over do it...

So Place BUY STOP and SELL STOP with some distance.. Normally it first will sink, then quickly rebound higher than it was previously,

cause we are at the bottom... I don't expect 1000 ever to be touched again. Not to say Physical GOLD is not there, this is all paper carnage.

Look at it now...!!! Go GOLD!
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  • #24,602
  • Mar 17, 2015 8:54am Mar 17, 2015 8:54am
Quoting anton.olff
ahh...the return of volatility.
I see it too..any idea what triggered such move?
  • #24,603
  • Mar 17, 2015 9:04am Mar 17, 2015 9:04am
Quoting bee7244
{quote} I see it too..any idea what triggered such move?
That what I was talking about but I didn't see that news...

"Gold Spikes On Sudden $1.2 Billion Bid"

http://www.zerohedge.com/news/2015-0...12-billion-bid


If someone would take 1.2$ Billion and ask DELIVERY, it's over, COMEX has less than 1 billion in Registered Inventory..

Those Paper clowns playing with fire.
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  • #24,604
  • Mar 17, 2015 9:09am Mar 17, 2015 9:09am
Quoting SkyzerFX
{quote} Hehe SHORTS RUN OVER by the way, if you all mind to check ones again London Open was the highest point last night http://www.kitco.com/charts/livegold.html EA took $9=900 Now about TREND, by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation I tell you what you will see 2k before if ever 1k that's guarantee by default.. If like today price quickly tanked then it will be quickly picked up... There is some WHALE buying at 1150 or about, don't know who, but we might see little dump at FOMC...
Perhaps $1,100 is the bottom...but never forget about herd mentality. The returns on gold have not been good...just ask John Paulson, and if/when the Fed finally pulls the trigger-even on 25 basis point mini-hike, the markets will panic. The S&P is likely to go into bearish mode and many asset classes will become cheaper as well. I suspect gold will lead the way...but we could indeed be near the bottom of the range.
"The market can remain irrational longer than you can remain solvent"
  • #24,605
  • Mar 17, 2015 9:18am Mar 17, 2015 9:18am
Quoting SkyzerFX
{quote} Hehe SHORTS RUN OVER by the way, if you all mind to check ones again London Open was the highest point last night http://www.kitco.com/charts/livegold.html EA took $9=900 Now about TREND, by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation I tell you what you will see 2k before if ever 1k that's guarantee by default.. If like today price quickly tanked then it will be quickly picked up... There is some WHALE buying at 1150 or about, don't know who, but we might see little dump at FOMC...
> by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation I tell you what you will see 2k before if ever 1k that's guarantee by default..

----> Let me know when you change your view.. OR stick around here with your view..

> I don't expect 1000 ever to be touched again.

----> Let me know when you change your view.. OR stick around here with your view..
Hello World!
  • #24,606
  • Mar 17, 2015 9:28am Mar 17, 2015 9:28am
Quoting ClockTrader
{quote} > by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation I tell you what you will see 2k before if ever 1k that's guarantee by default.. ----> Let me know when you change your view.. OR stick around here with your view.. > I don't expect 1000 ever to be touched again. ----> Let me know when you change your view.. OR stick around here with your view..
Yes, the central banks are piling on...but the U.S. may be first to tiptoe out of the 0% trap. As David Stockman says of the U.S. economy, "it's the cleanest dirty shirt in the laundry." When the "dumb money" starts tiring of poor returns on gold, then is when the "smart money" will buy. I have a feeling we will have to see prices much lower for that to happen.
"The market can remain irrational longer than you can remain solvent"
  • #24,607
  • Mar 17, 2015 9:29am Mar 17, 2015 9:29am
Hello how's everyone doing these days? Not too bad I hope.

Anyway I just took a long at 1147 after a long hiatus from gold, SL is at 1130 (which would represent a new multi year low). I took a look at the most recent COT and it appears that large specs have once again capitulated, non-commercial net longs are at their lowest since Nov last year so this is a good sign for the bulls.

Of course the fact that today's down move failed doesn't hurt the bull case.

Good luck everyone.
"Where you want to be is always in control, never wishing, always trading.
  • #24,608
  • Mar 17, 2015 9:43am Mar 17, 2015 9:43am
Quoting anton.olff
{quote} "it's the cleanest dirty shirt in the laundry." When the "dumb money" starts tiring of poor returns on gold, then is when the "smart money" will buy. I have a feeling we will have to see prices much lower for that to happen.
You missing the point, Nobody selling Physical GOLD everybody is buying it. So, to Sell something, you should first have the Supply..

Few Miners already file Chapter 11. Where they going to take GOLD to sell, if as I said Inventory is very low, They selling brick

100 times to different buyers without delivery. Paper fraud going on. 80%+ miners are only profitable at $1400+

They are printing Paper futures and selling Naked, but they cannot print real GOLD.. Theoretically yes price can be dumped low and stay there maybe

10 minutes or else COMEX will go bust, cause they will have nothing to deliver. ALL I'm saying GOLD is money and not some kind of

Pink Sheet Penny stock.
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  • #24,609
  • Mar 17, 2015 9:52am Mar 17, 2015 9:52am
Quoting Spec_And
Hello how's everyone doing these days? Not too bad I hope. Anyway I just took a long at 1147 after a long hiatus from gold, SL is at 1130 (which would represent a new multi year low). I took a look at the most recent COT and it appears that large specs have once again capitulated, non-commercial net longs are at their lowest since Nov last year so this is a good sign for the bulls. Of course the fact that today's down move failed doesn't hurt the bull case. Good luck everyone.
Glad to see you around mate

See, we are in a commercial zone now.. :-)
Hello World!
  • #24,610
  • Mar 17, 2015 9:58am Mar 17, 2015 9:58am
Quoting SkyzerFX
{quote} You missing the point, Nobody selling Physical GOLD everybody is buying it. So, to Sell something, you should first have the Supply.. Few Miners already file Chapter 11. Where they going to take GOLD to sell, if as I said Inventory is very low, They selling brick 100 times to different buyers without delivery. Paper fraud going on. 80%+ miners are only profitable at $1400+ They are printing Paper futures and selling Naked, but they cannot print real GOLD.. Theoretically yes price can be dumped low and stay there maybe 10 minutes or else...
If I don't interpret wrongly, you are bullish for Gold?

Personally, I do agreed with most of your views and reasoning.
The only winner is the one who survive the longest...
  • #24,611
  • Mar 17, 2015 10:04am Mar 17, 2015 10:04am
I would love to see you win over and over again..

don't mean to offend you in anyways.. I want good traders here who can give good calls.. so fellas here can benefit..

I remember you were strongly bearish until yesterday.. today you are bullish..

tomorrow? whatever..

my good wishes are with you mate..

Quoting SkyzerFX
{quote} Hehe SHORTS RUN OVER by the way, if you all mind to check ones again London Open was the highest point last night http://www.kitco.com/charts/livegold.html EA took $9=900 Now about TREND, by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation I tell you what you will see 2k before if ever 1k that's guarantee by default.. If like today price quickly tanked then it will be quickly picked up... There is some WHALE buying at 1150 or about, don't know who, but we might see little dump at FOMC...
Hello World!
  • #24,612
  • Mar 17, 2015 10:08am Mar 17, 2015 10:08am
Any fella interested in my services might wanna check the URL below:

Forex Services for Traders and Investors

PS: You can also sign up for Free signals through this page..
Hello World!
  • #24,613
  • Mar 17, 2015 10:55am Mar 17, 2015 10:55am
IF anyone wants to catch up live on Skype chat, here is my ID: AuroraIN

add me and I'll add you into the group..

PS: Stormy day.. off to bed.. have a nice one you all..

Last but not the least.. trade light and safe!
Hello World!
  • #24,614
  • Mar 17, 2015 11:39am Mar 17, 2015 11:39am
Quoting SkyzerFX
{quote} Hehe SHORTS RUN OVER by the way, if you all mind to check ones again London Open was the highest point last night http://www.kitco.com/charts/livegold.html EA took $9=900 Now about TREND, by any means GOLD should trade well above 2k NOW based on 3 Central banks counterfeit operation I tell you what you will see 2k before if ever 1k that's guarantee by default.. If like today price quickly tanked then it will be quickly picked up... There is some WHALE buying at 1150 or about, don't know who, but we might see little dump at FOMC...
You always have extreme views that never happens.

Back in the days you were preaching Dollar as toilet paper....look where we are....

Gold is going down, like it or not.

Gold at 2000 before 1000 ? We'll see about it
COT: The precious data ignored
  • #24,615
  • Mar 17, 2015 11:59am Mar 17, 2015 11:59am
bought

LONG 1148.90
TP 1156.38
SL 1146.20

Just until LONDON, that's when I (EA) going to sell again,

then will re-valuate after the FOMC further actions

Good luck.
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  • #24,616
  • Mar 17, 2015 12:05pm Mar 17, 2015 12:05pm
Quoting kuroro001
{quote} You always have extreme views that never happens. Back in the days you were preaching Dollar as toilet paper....look where we are....
DOLLAR is toilet paper, it's not DULLAR going up but now all other

Biz Partners going down faster than a Dullar. Get it?

Because all currencies are been printed like toilette paper and at the Moment "FED" treating to rise rates )

Let them rise, every 1% rise on FED Funds will add need for additional half a TRILLION/YEAR to be printed to serve the DEBT..

You just don't get it.. Market now it's a Big CASINO.. Stupid Stock market is a Enormous bubble, if it even cut in half it's still be a bubble,

Thanks to the FED zero Interest rate Policy, Now CENTRAL banksters buying Stocks, Nice.. Good luck.
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  • #24,617
  • Mar 17, 2015 12:09pm Mar 17, 2015 12:09pm
Quoting SkyzerFX
{quote} You have no clue what are you talking about.. DOLLAR is toilet paper, it's not DULLAR going up but now all other Biz Partners going down faster than a Dullar. Get it? Because all currencies are been printed like toilette paper and at the Moment "FED" treating to rise rates ) Let them rise, every 1% rise on FED Funds will add need for additional half a TRILLION/YEAR to be printed to serve the DEBT.. You just don't get it.. Market now it's a Big CASINO.. Stupid Stock market is a Enormous bubble, if it even cut in half it's still be a bubble,...
I don't need to undestand anything to make money on the market.

Having beautiful words and knowing the past won't help you making money. But good luck to you indeed
COT: The precious data ignored
  • #24,618
  • Mar 17, 2015 12:15pm Mar 17, 2015 12:15pm
Quoting SkyzerFX
{quote} You have no clue what are you talking about.. DOLLAR is toilet paper, it's not DULLAR going up but now all other Biz Partners going down faster than a Dullar. Get it? Because all currencies are been printed like toilette paper and at the Moment "FED" treating to rise rates ) Let them rise, every 1% rise on FED Funds will add need for additional half a TRILLION/YEAR to be printed to serve the DEBT.. You just don't get it.. Market now it's a Big CASINO.. Stupid Stock market is a Enormous bubble, if it even cut in half it's still be a bubble,...
Another reason I like sticking to just technical analysis...I can't make much out of what you just said now (no harm intended) and to see that you have changed your views from being bearish to being bullish just because of volatility bull run makes me wonder. For me I trade for the swing moments and so far I am still bearish on Gold...until I reassess the position at the end of today.
Less is more...
  • #24,619
  • Mar 17, 2015 12:39pm Mar 17, 2015 12:39pm
Quoting SkyzerFX
{quote} You missing the point, Nobody selling Physical GOLD everybody is buying it. So, to Sell something, you should first have the Supply.. Few Miners already file Chapter 11. Where they going to take GOLD to sell, if as I said Inventory is very low, They selling brick 100 times to different buyers without delivery. Paper fraud going on. 80%+ miners are only profitable at $1400+ They are printing Paper futures and selling Naked, but they cannot print real GOLD.. Theoretically yes price can be dumped low and stay there maybe 10 minutes or else...
Not missing your point...and I agree with you to a large extent. I hope you are doing some arbitrage and taking advantage of the disparity between real demand for physical gold and the manipulated market of paper gold...and going very heavy long (if you have not done so already). Certainly, central banks are net buyers on every price dip...which is why I anticipate huge demand later this year as real inflation picks up. I just don't think conditions are there...yet.
"The market can remain irrational longer than you can remain solvent"
  • #24,620
  • Mar 17, 2015 1:41pm Mar 17, 2015 1:41pm
What is this bar for ???????
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