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  • #24,961
  • Apr 3, 2015 7:42am Apr 3, 2015 7:42am
Quote
when market opens on monday, what do you guys recon it will open at? same price or because of NFP 20 dollars higher or lower?

At the opening, bye bye for the shorters. It will above 1220 for sure. But if USD go up before the end of the day, you have some luck to see gold around 1210...
Good luck. Not is position for me.
  • #24,962
  • Apr 3, 2015 7:48am Apr 3, 2015 7:48am
Hello 1300? Really poor NFP, plus a downward revision to prior NFP. Is this going to be blamed on severe winter weather?

I have a small short open...but likely I will get stopped out.
"The market can remain irrational longer than you can remain solvent"
  • #24,963
  • Apr 3, 2015 7:56am Apr 3, 2015 7:56am
Quoting babaz7
when market opens on monday, what do you guys recon it will open at? same price or because of NFP 20 dollars higher or lower?
Definitely gap higher, probably by 1%, not a chance it stays at yesterday's close.
"Where you want to be is always in control, never wishing, always trading.
  • #24,964
  • Apr 3, 2015 7:58am Apr 3, 2015 7:58am
Quoting Spec_And
{quote} I highly doubt gold is going to print new multi year lows anymore, if the massive spike in dollar index couldn't take down gold then nothing will. I got back in today at 1188, made a big mistake by bailing out too soon at 1172 the other day.
My stop for this is 1176, not moving it higher for now. Target is 1270s at least.
"Where you want to be is always in control, never wishing, always trading.
  • #24,965
  • Apr 3, 2015 8:15am Apr 3, 2015 8:15am
Quoting anton.olff
Hello 1300? Really poor NFP, plus a downward revision to prior NFP. Is this going to be blamed on severe winter weather? I have a small short open...but likely I will get stopped out.
umm i think nobody can trade gold right now because of international holiday, so how will gold go UP or DOWN when there's nobody to trade today?

and by monday NFP will become old news so do you still think it will make it to 1300?
  • #24,966
  • Apr 3, 2015 8:42am Apr 3, 2015 8:42am
"Americans Not In The Labor Force Soar To Record 93.2 Million As Participation Rate Drops To February 1978 Levels"

That's what I said yesterday, just 126k Jobs Added, twice as less than expected.

Gold market is closed though, But Dollar just tanked hard, so we can expect nice move

higher next week. "Economic Recovery"/ Rising rates and all that crap is over..

More likely QE4 next... What else is new? We'll see next week.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #24,967
  • Apr 3, 2015 9:20am Apr 3, 2015 9:20am
Quoting babaz7
{quote} umm i think nobody can trade gold right now because of international holiday, so how will gold go UP or DOWN when there's nobody to trade today? and by monday NFP will become old news so do you still think it will make it to 1300?
Duh!!! Of course we are talking about Asian open on Monday! As for NFP being old news by Monday, that is not likely. At the very least, there could be some short covering...and yes, I think the top of the range could extend to 1288 or higher.
"The market can remain irrational longer than you can remain solvent"
  • #24,968
  • Apr 3, 2015 9:22am Apr 3, 2015 9:22am
Hello,
may I ask how can XAUEUR can react on Monday?
  • #24,969
  • Apr 3, 2015 10:13am Apr 3, 2015 10:13am
Quoting levros
Hello, may I ask how can XAUEUR can react on Monday?
serious gap up
  • #24,970
  • Apr 3, 2015 11:12am Apr 3, 2015 11:12am
Thank you for answer.

I have trade but instead of XAUUSD I opened XAUEUR and i was not sure if it ract in the same way like XAUUSD.
  • #24,971
  • Apr 3, 2015 1:26pm Apr 3, 2015 1:26pm
Quoting goldfinger
{quote} serious gap up
A sersious GAP up that will get the shit smacked out of it.

Target still 1140 for me
  • #24,972
  • Apr 4, 2015 1:21am Apr 4, 2015 1:21am
Quoting SkyzerFX
"Americans Not In The Labor Force Soar To Record 93.2 Million As Participation Rate Drops To February 1978 Levels" That's what I said yesterday, just 126k Jobs Added, twice as less than expected. Gold market is closed though, But Dollar just tanked hard, so we can expect nice move higher next week. "Economic Recovery"/ Rising rates and all that crap is over.. More likely QE4 next... What else is new? We'll see next week.

Quoting SkyzerFX
Those manipulation crew sh*theads all over the GOLD again (doing whatever it takes to keep GOLD under 1200), buffing and knocking, what if NFP tomorrow comes up like 60k JOBS instead of 265k? Keep shorting.. I'm still selling London, working 8 times out of 10. Just curious when this all going to stop? 4 years in the row already. I'll Give those crooks few more years I guess. US total Debt 61 Trillion and change up 138% Nice keep selling tick-tack, tick-tack: http://www.usdebtclock.org/
Interesting Bro! So is sell or buy?
The only winner is the one who survive the longest...
  • #24,973
  • Apr 4, 2015 1:21am Apr 4, 2015 1:21am
Quoting bagXpert
{quote} At the opening, bye bye for the shorters. It will above 1220 for sure. But if USD go up before the end of the day, you have some luck to see gold around 1210... Good luck. Not is position for me.
The only winner is the one who survive the longest...
  • #24,974
  • Apr 5, 2015 6:02am Apr 5, 2015 6:02am
Quoting kinspk
{quote} {quote} Interesting Bro! So is sell or buy?

hahaahhaha
  • #24,975
  • Apr 5, 2015 8:44pm Apr 5, 2015 8:44pm
I'm short from 1218, no brainer short from here, gold always gives up all gains by morning for the past few years.

When it goes up at night, it's ATM to print money for my shorts.

SL set tight at 1224

Should hit support of 1200 when the USD explodes up for no reason
  • #24,976
  • Apr 5, 2015 11:43pm Apr 5, 2015 11:43pm
Quoting Stockman
{quote} A sersious GAP up that will get the shit smacked out of it. Target still 1140 for me
wont u call this serious gap up?
  • #24,977
  • Apr 6, 2015 2:48am Apr 6, 2015 2:48am
Quoting Stockman
I'm short from 1218, no brainer short from here, gold always gives up all gains by morning for the past few years. When it goes up at night, it's ATM to print money for my shorts. SL set tight at 1224 Should hit support of 1200 when the USD explodes up for no reason
Seems shorts are not workable for a while..... I m long..
  • #24,978
  • Apr 6, 2015 4:10am Apr 6, 2015 4:10am
Quoting Ramii
{quote} Seems shorts are not workable for a while..... I m long..
Yeah, I guess Skyzer's theory hit the rocks today but to cut him some slack he said it works 8/10 times, I think the reason it seems to have been working is because gold is majorly in a downtrend for now and the trades taken during an uptrend would definitely not work that much.
Less is more...
  • #24,979
  • Apr 6, 2015 8:12am Apr 6, 2015 8:12am
I closed my short for a loss after gap up. Now on sidelines to see what NY does. ISM might have a good effect pushing prices down a bit, but I'm cautious at this point.
"The market can remain irrational longer than you can remain solvent"
  • #24,980
  • Apr 6, 2015 9:15am Apr 6, 2015 9:15am
Cautious short from 1222...to 1205.
"The market can remain irrational longer than you can remain solvent"
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