One thing I need to mention here... when we get close to the highs, they will destroy bears patience first and will only then start crashing the price down. This will probably be a daily or weekly range once we get near the top. Or perhaps, we'll ...

Gold

Aha... thanks for explaining!

Gold

NFP will be short-lived as well in my opinion. The major news like NFP and CPI will probably be used to bring the price down, but only temporarily. Gold's going much higher it seems, until proven otherwise.

Gold

US services drive sustained robust economic upturn in September, but optimism wanes and prices rise at faster rate Exactly... stagflation. Or... hyper-inflationary depression.

Gold

Down as expected haha, but not that much.

Gold

US Manufacturing continues to be in contraction for 47 years now. The Fed has the tool to fix it though... the one and the only tool and the Jay's favourite! ...

Gold

So no posting anymore I imagine...

Gold

Yeah... testing the patience of both Buyers and Sellers while not going anywhere (probably will close where it opened).

Gold

Now, giveachance, you will explain to us why did the Gold drop from March of 2008. through to October of 2008. after which the Gold started to rally and went from 680$ to 1920$. The reason why I ask you is because it sounds like you know why and I ...

Gold

Only now saw that Pedro's status is commercial member. Can commercial members continue posting or are they not allowed anymore?

Gold

Hahaha. Honestly, this up, up and up I didn't expect to be honest. Something tells me that the news could lower the price again, but I won't be betting on that.

Gold

We have news in more then 15 minutes, so keep an eye on that folks.

Gold

You were right... 2630$ was hit. Your next prediction, kind sir?

Gold

We're getting closer to the Resistance at 2974.30$. We could reach this price even this week in my opinion...

Gold

There's still 0.001% that begs to differ! Hahaha Honestly... this is very weird price action today. First, we get a pretty decent sell and then just up with no retracement at all. However, US data is in 25 minutes and PMs tend to sell off during ...

Gold

Try it and see. You can use demo account for that. However, not everyone here is buying or selling at the same time. Some people buy and some people sell. I don't know how you can get the data for how many people are selling and how many are buying ...

Gold

I think the Gold is going for the Resistance I have on my M15 chart which is at 2974.30$. We'll see... Other than that, we got some decent retracement today and it could potentially continue. We'll see what they'll do on the US data later.

Gold