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The Rhodie replied Nov 29, 2013This is working so far. Any longs purchased on a pullback from here may actually work if gold really breaks high. S&P is going north with gusto. OLE!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013I was considering that it may even be 1274... that's more like what this move makes me think is possible, but there's no telling until afterwards. it's a sneaking suspicion.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Something happened at 14:08. Gold looks like it wants to rally up here dramatically. I cannot put my finger on it exactly, but patterns are converging on that time point and the fib levels are right on cue. something has to break and this is that ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013I expect gold to move up @ 14:08 GMT. Odd, but there's something about this move that has me interested.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013I am seriously considering that this up leg might see the exact opposite of what we are all expecting: 1280 instead of 1180.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Hello everyone. I am here to jopin in and se what I can do to improve my account returns. Usually I trade gold, but I think that this is worth a try as it has now hit a level not seen since 2009. anything breaking into new territory presentss an ...
EUR/JPY
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The Rhodie replied Nov 29, 2013"In those days there will be wars and rumours of wars, but the end is not yet come." --Christian bible. For there will never cease to be poor in the land. Therefore I command you, ‘You shall open wide your hand to your brother, to the needy and to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Whilst the argument on gold price rages on... we have something more interesting developing that will affect the markets in a substantial way. url Suggest you read it and then see why I say the following: China has deliberately picked on Japan at ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Gold Price Forecast to Hit $2,500 Before End of 2014 : url BNP Paribas Lowers 2014 Gold Forecast To $1,095/Oz : url BofA Merrill Lynch cuts 2014 gold forecast by 17% to $1,294 : url So who do you believe? Opinion means nothing. Trade what the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Gold imports may pick up, touch 725 tonnes in FY'14: Gold federation url So where does that leave your thoughts? India is one of the worlds biggest consumers of gold after China.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Thanks. I think that my analysis is correct and so far it's true. Until the change @ 12h00gmt. Then I reasess the situation.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013I'm holding off to see whether gold tests te round number: @1250. if it beaks through it, then wait till market runs out of steam.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 20134 days to rally and no success. the highs getting lower, and the lows getting lower. Unless gold rallies past 1257, it's going downhill from here for the day. Only an opinion based on fibs of the past. too many 786's not breached.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 29, 2013Morning all. In my opinion this is the time to look to short gold. Explanation coming up.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 28, 2013Boxes? For determining a range, yes, but nothing beyond that. Gann fans are based on Fib angles. It's just another extension theory which I don't know anything about. Fibs I can help with. They are easy to understand and design.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 28, 2013With today being an "anomaly day", I'd be caustious about trading altogether. Today will show what the world thinks without American influence. You may need a new drawing board for next 24 to 36 hours. Obama's holiday is going to prank many people ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 28, 2013Another way of looking at the charts is like this: *assuming* the market continues this trend where does it end? How do I get my trade into that mess and expect to make a profit from it? The best anyone can hope to achieve is 100% success from being ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 28, 2013This next image is known as the Z-scope analysis described to me by another trader who raised the issue of geometric formations and the symmetry of fibonacci ratios in geometrical formations. It is a new concept that is being developed and tested by ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 28, 2013This is gold on a 1 hour chart demonstrating the use of Fib time zones. Generally speaking you take the measurement from the most recent upswing high to the next lowest low immediately before the market moves up. The bubbles show areas of symmetry ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 28, 2013Shapes in the movements of markets are dynamic. Some mean something others are meaningless. I have made an image showing how various shapes can appear to have some form, but reading the meaning behind it is what can help you decide whether to join ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread