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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 21, 2010 16:16
Well please dont totally rely on me Nasakoto. I have been known to get it wrong :-)
Nasakoto Yakata
Okinawa, Japan
Posted Anonymously
14 years ago
Dec 21, 2010 16:15
Everything has to do with the PPT market riggers. I am sick of these guys.
Nasakoto Yakata
Okinawa, Japan
Posted Anonymously
14 years ago
Dec 21, 2010 16:14
Not good, not good. Lots of AUDUSD shorters here will get burned.
mo
liverpool, UK
Posts: 123
14 years ago
Dec 21, 2010 16:06
Dave you probably correct i.e. it will continue to rally until year's end and it will close around 1.02 by 31/Dec.
This means there is another 200 pips move up before years end.
DaveO
UK
Posted Anonymously
14 years ago
Dec 21, 2010 16:00
All trading is likely to be scalpy until about the 10th Jan due to lower volume conditions. Now I may have spooked the markets and we get a wonderful crash :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 21, 2010 15:57
Gold was supported by its 55DMA 3 to 4 days ago. Now testing the the trend support line (potential resistance) from the July low. The 60 min chart gold is wedged between MA's 55, 100, 200 and 21. It needs to clear above 1392 to consider a long position at this juncture, basis 60 min chart
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 21, 2010 15:48
crude is breaking above its bull flag, basis daily chart. So now it is braodly in line with direction of stocks and gold (though gold still weak) but cad is not confirming.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Dec 21, 2010 15:39
I think it will hold up into the year end, sideways to uppish. NYSE on stocks been holding up in very thin breadth. The greater risk is therefor to the downside but I doubt we shall see any colapse before y/e. Audusd tends to follow stocks.
said
mulhouse, France
Posts: 2822
14 years ago
Dec 21, 2010 15:13
just standing on ur side
leave it i got this

2902 N 48 00E / 29.033333,

mo
liverpool, UK
Posts: 123
14 years ago
Dec 21, 2010 15:07
hello fourm
where is the AUD/USD is going from here? any opinions
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