that's some ugly Stocks move !!!

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so stocks are Down Gold is Down more than the stocks indexes !! and USD is UP!! any one here still see's the Gold as safe heaven ?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

time for Dow for the midday rally ?

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I trust you . its just hard for me to see European banks buying it now at these levels

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I think this can apply to Diamond not Gold . but any how we won't disagree that we both see that its inflated price , we only disagree about the size of that inflation

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still doesn't deny the fact that it has demand . even if 60% or more just for jewelery . its still demand . and it has a cost to extract it , and this puts a market and a price ! and don't get me wrong , for me its a metal just like steel , aluminum ...

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I don't think they are buying now . I bet European Banks are selling the shit out of it !! they need to get cash and they are selling it since 4 months !!!

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ok I agree its a bubble . I have even my short and stated my position about this metal earlier . url but I am realistic I can see fair price is around half of what current level is . I can say range 1300 - 1000 - 800. but can't say 200 . it costs ...

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I agree its a bubble but comon now don't you think 200 is a little too much

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where are you heading with this one

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good afternoon all

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I don't get it

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yes I am positioned to the long side , this is just intra day , and ofcorse will see how they will reach there . if they do the 2 minutes 20 pip as move usual it will be bad idea for me

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took one kiwi position too long side

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3550 area should be capping it now . if no usual push there I might take a short.

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small not to my liking but maybe this ABC could explain

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and if you are fond of big patterns check this one 1st and 2nd targets achieved , 38 , 61 fibs 3rd and ultimate is 1.61 fib which is 1.6 !!

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I saw that one long time ago , its just according to my book you sell at the 1.27 fib. you don't buy anticipating a pattern formation , you act once pattern has formed . but any how I am still on my sentiment , but surely I am very close from ...

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its a butterfly selling should be around 1.5 if it reached there but to get the one which is closer , this could be either gartley or bat . I guess bears need to go below the last low to gain momentum , we will have bad looking chart

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