Forum > View Topic (Article)
by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
View Article
This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
1...67891011121314151617181920...41
montmorency
Abingdon, UK
Posts: 610
15 years ago
Feb 9, 2010 15:09
Short from 1079 could have been good. Now it's 1072-3, so good question as to whether short from here, or see if it pulls back to 1079 or so again ...
asad
London, UK
Posted Anonymously
15 years ago
Feb 9, 2010 13:27
Ashraf,

Would you recommend opening an oil short at this stage. The PIGS situation is still wishy-washy & China too's on the verge of tightening up? What do you say? Thanks!


Asad
Callum
Singapore, Singapore
Posts: 179
15 years ago
Feb 9, 2010 8:08
I am looking at shorting at the 1070 level on the basis that the key support becomes the resistance, as also seen by Monday's failure to break / stay above the 1070 level Plus also waiting on the sidelines to see how deep is the pullback ...
sydneyjames
Sydney, Australia
Posts: 348
15 years ago
Feb 9, 2010 7:59
hmm interesting, i just went short on gold at 1063.70. hope the rest is just noise.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 9, 2010 1:40
Sydney, we havent see the last of cenbank gold purchases but i think we can do we will do 1020 gold as early as this week. 200-day MA exists in order for it to be tested. ultimately a 1000 break is seen this quarter.

Ashfraf
sydneyjames
Sydney, Australia
Posts: 348
15 years ago
Feb 8, 2010 23:27
Ashraf, so you think the USD is gonna keep going strong, and that will cause the gold to drop? or some other reason? but there is rumor about China and India are going to buy gold.
how long do you think it will take for gold to reach 1000 level as you said.

James
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 8, 2010 20:47
Rob, great idea. but that might offend some people.

partisan, rim, expecting 1000 in gold (and possibly 970), we can see 13 in silver.

I dont see anything below 950.

Ashraf
rim
Turkey
Posts: 121
15 years ago
Feb 6, 2010 11:15
Dear Ashraf ,

Where do you FEEL the bulls begin to buy Gold? at 1020 or 1000? or 980?
partisan
London, UK
Posts: 43
15 years ago
Feb 6, 2010 10:36
Ashraf -

Given that Silver has now broken decisively down through your recent channel baseline and indeed is breaching $15 what are your views on re its further downside potential? And in a climate of fear over dud currencies might the NOK be turned to as a haven currency, a bit like the CHF used to be, because of Norway's relatively positive fundamentals? Or do you still hold to it following the course of other resource currencies, with downside to follow oil downside pretty slavishly?

My vote went in yesterday morning. The very best of luck. You deserve it.

John
fastpips
surrey, Canada
Posts: 69
15 years ago
Feb 6, 2010 10:11
montmorency,
I had the same problem with my laptop, but couple of days ago it's been solved. I haven't done anything different to install it, but it just worked and I am enjoying the tweetdeck on my laptop now.
good luck,
Samso
Report Reply
1...67891011121314151617181920...41