> Bearish momentum is still in motion with the US economy hitting new record highs I doubt it that gold would be a good buy for now ----> USA's 76% of Forex reserves lie in Gold. Additionally, US $ as intl. currency is backed by its Gold reserves. ...

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I only wish & pray that it falls like an Apple. Only the grandest falls in Apr - May & June can justify & prove what I've been saying. At the same time I hope it bottoms out by this month end or within 2 weeks. Hopefully, clear bottom should be ...

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> Why is gold important at all ? There is no logical reason, except customs & festivals. --> It has Astro side which I do not wish to discuss in detail. I'm afraid I'll be made fun of. Moreover, it has religious & sensitive side. > Who is the ...

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You are telling the superficial side of the story my mate. You are half right though. I advise you to deeply study every single festival & all lunar events with discerning eyes, its not that hard, you sound like from India & apparently, I presume ...

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Almost every single ancient festival of India is based on Lunar cycles, for eg, certain festivals would fall few days before new moon while some fall on full moon & so on. Moon takes about 29.x days to complete one cycle around Earth (new moon to ...

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Its Gold Vs US$, therefore, if you want to follow news, any US news at below URL should help you: url Cheers! Check my signature too :-)

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1380 should be easy to achieve, on the contrary, I rely more on festival / lunar dates instead of levels / numbers to buy / sell.

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Technically, its based on Lunar cycles / some planets in other words astrology. I love maths & science & astrology is precisely science for me. I can't explain much unless you & other peers here have similar levels of knowledge in this area. I'll be ...

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Please find below a snapshot of a calendar, extract from: url I have tried to highlight the buy dates in yellow, I repeat, these are for long term. From 13th of May until 21st, I expect there should be a nice buy opportunity. Hope good ahead.

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Well, the way I see, the Gold is going to keep low & lower for another 7 - 10 days from today. This also means, everyone got an OP to buy Gold next week starting Akshay Tritiya possibly up to Buddha Purnima. Buy for long term folks, don't buy with ...

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If Gold falls further for another 50 - 100 $s, it would fit perfectly in my strategy. Someone advised I must post charts here & I was confused how to show Indian festivals in a Gold chart. I rely on ancients festivals & lunar cycles for my Gold ...

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So far, so good!

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If this happens, most of my short SLs will get hit. Going forward, I do plan to go long for long term from 1360 - 1380

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I agree about the fall to some extent with you. I think it should bottom out somewhere near 1340 - 1360 or around 1280 & that should happen within next 2-4 weeks or so. As far as news is concerned, its good to learn & know more, but, when it comes ...

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4-5 signals every year using the festivals would mean 5 - 10 entry & exit points every year. I'm not sure where ticks fit in there. Read the whole thread my dear, its not too long. I have stated, my strategy is to go long term long in May-June-July ...

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YES, Next week is a buying opportunity as per religious festival "Akshay Tritiya" (you can Google this ez). Given that scenario, 6 - 8 times out of 10, Gold is supposed to be found hitting rock bottoms around this date. Therefore, I was expecting ...

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Woooooh, I never saw this coming, Gold has spiked to 1470 levels. I thought after a little upward it'll fall down. My calculus would go damn wrong if it spikes beyond 1490 & stays up there.

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Glad to learn how you guys take expressions. Some of our festivals are as old as 5,000 YO, tried & well tested with Gold, while some are 2K YO. Some of our religious festivals are actually meant to encourage us to buy Gold & heck, it works like a ...

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That was a little funny. I didn't meant to say that some festival in India will drive Gold up or down. What I'm trying to do here is take Indian festivals as indicators to predict when it will be ripe time to go long or short. Its supposed to work ...

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The way I see, Gold should hover around or above 1800 by the end of this year. As stated earlier, I expect Gold to stay low and / or further lower for next 3-7 days. Gold buying festival season will start in India next week & I expect Gold to bottom ...

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