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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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chloethebull
Canada
Posted Anonymously
13 years ago
May 3, 2011 19:11
ok gold now breaking lower..not sure if i wanna push my luck with a long position..ignore whats ur take on the current price action with the markets u still thinkn its a buy on dips?thanks gl:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 3, 2011 19:06
shit look @ oil tank :( and i was too cheap to short @ 112.75:( had shorts @ 113.75:( ohh well next tim e i guess:)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
May 3, 2011 18:47
XAGUSD may drop to 40 if it breaks 38 it could go much lower. Imo there were lots of false stuff around comex is out of physical silver .... so those who bought silver bullions at 50 made a loss of 9 USD now... what I have learned...if there is a big hype and every panelist yells buy that it will go to...then sell it. Its fraud, nothing but.
Qingyu
manchester, UK
Posts: 1763
13 years ago
May 3, 2011 18:05
cat, what is your lowest resistance line of silver?
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 3, 2011 15:50
actually im going to move the s/l to 1525..looking 2 the past price action 1530 shows were gold caught a serious bid to rally to1565..ok gl:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 3, 2011 2:45
i think its best to stick with the buy the dips &sell the bounce in the dollar going into china &rba data..main reason for me is benm gave the ok to continue to drink the punch..and that to me is all that really matters i guess..but lets not forgt what ashraf said about cad aud chf could be coming up with a plan to help weaken there own currancy and force the usd to move up..ok gl:)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 3, 2011 1:36
wow nice moves in gold.. monthly chart is quite fascinating: inverse head-and-shoulders pattern embedded within a large, long-lived broadening formation.. the price is currently in the range of price target around 1600 from this inverse head and shoulders with head around 700 and neck around 1000.. and it's now also approaching the upper resistance level of the broadening formation.. it looks like there is a still a little room left for further rises but sharp fluctuations can occur at any time in such situations.. personally, I wouldnt trade positions here.. scalping is a different matter..
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 3, 2011 0:14
could some of the more experienced traders please weigh in this huge down move in gold..i posted over the weekend that somthing isnt right with the latest ben comments last week..ok gl guys:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 2, 2011 21:30
wheres every1 @ theres a major reversal taking place..ur all missing out lol:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 2, 2011 20:01
moment of truth on oil ..testing my bottom chanel 113.30 a break im reshorting.previous stick very bearish engulphing all depends on the new stick:)
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