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The Rhodie replied Nov 20, 2013Thanks. Sort of answered it.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013I'm intrigued as to why you think that. Heavy-weight doves is rather like saying toothless bears or hornless bulls. With Yellen comes trouble. She seems more like another Obama Yessir than critic. Let's not forget that during Obama's reign the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013At the post risk of spamming the forum and chatting a load of twaddle, gold is looking very confused and very bearish still. As time continues, the risk of another fracture drop like the last one a couple hours ago si becoming more imminent. I am ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013Go for it. Chances are 47.2% you may be correct. 28% you are wrong. 24.8% uncertainty.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013It's there, but the post was describing what the market was saying. So if you can't figure it out from the english instead of charts, then there's good chance that it's best not to trade. What do I know anyway? I've been trading live for a week or ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013Avoid stressful situations. Don't hold anything too long. grab a cold drink and chillout. Any of these works for me. Oh, and stop trading on emotion usually works a treat. I suspect gold will descend somewhat more from here IMO. no idea if that's ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013No. Quite the opposite. Another fracture is due to take out the last stop from june july and then we freefall possibly to original levels at ten year and 50 year levels of the past.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 20131265.79 is bottom from last week's ascent. If gold cannot hold here, it's probably going down to 1250. As time advances this is looking more and more bullish.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013View this and see what that means to your idea: url It could, but what world events would have to occur to make that happen?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013have a look at url and read downwards from there and you will notice that that was 11 hours before the dive.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013Just wondering, but are you from Southern Africa by some chance? Muntu is the clue. Yes. Gold is overvalued and the demand is falling out as there are fewer people able to afford the cost with the increase in joblessness globally. The corporates are ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013Thank you, but it's not me. It's the market that tells us this. I know nothing. I have been trading a live account for just a week. My mentor's teacher is the one who gets the credit: Larry Pesavento.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013Nobody knows the future, but there is a great amount of history to look back on and consider that histor y repeats itself. These fracture patterns are repetitive to the point that is almost a given that the market will movearound certain points in ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013So anyone who says Quantum Theory does not apply to trading may now question why this system is so good. The mathematics behind it is sound and every law of nature is based on it. What is amazing is theat there certainly seems to be a set course for ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013If you read my earlier daily analysis you would have known that this was expected as an 80% or better chance of happening. BTW, nice turn of phrase. It should now continue gently downhill for a while.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013There it goes, 1258. And that's the beginning.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013Silver had a bullish gartley pattern form and worked a bit, but now it's looking ready to fall over. Gold had a similar pattern with much interference from a correlation with Eur:Jpy behaviour. There's little relationship between gold and USD for ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 20, 2013My call for gold today, if we see gold break below 1271.15 in a great volume, then it's going down. long way down. so far no volume, but looking bearish for the past 5 days.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 19, 2013Yes, son. I am afraid you may be right. To answer your earlier questions: Current level of gold is nearest to and within reach of: @Lifetime 38.2% (Bearish) @50 year 38.2% (Bearish) @10 year 38.2% (Bearish) @1 year 78.6% (Bearish) @6 month 38.2% ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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The Rhodie replied Nov 19, 2013Bear in mind there is no way anything can predict the future, but history has a habit of repeating itself, because nobody listens to it. Gold is retraced to the 20 year 0.382 fib level and broken lower to retrace above and settle on it today, which ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread