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acidguy replied Jun 29, 2014wow, so much indecision in the market, hope monday it breakout in whatever side so we can finally start to trade this pair.
Only Gold!
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acidguy replied Jun 27, 2014yes, look the charts, gold PA was compressing and looks like about to explode down on next week. the China gold backed scams are many and not just 1 case which is going to erase pressure from the Iraq crisis. $1281-$1285 is next target, leg could ...
Only Gold!
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acidguy replied Jun 27, 2014Bears should prevail in current indecision, Bulls even with huge momentum and Iraq war in their side are not being able to mantain the uptrend, i think there is a nice premium currently priced in for Iraq, if Iraq gets better that premium dissapears ...
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acidguy replied Jun 26, 2014good luck, Gold may fall finally on friday with no usa reports to boost the metal, Silver ratio against Gold keep widening.
Only Gold!
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acidguy replied Jun 26, 2014the correlation between Silver and Gold will keep widening as Gold keep losing attraction at current prices, silver may rally, gold may keep falling.
Silver is the real Gold
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acidguy replied Jun 26, 2014image today USA data was pretty good after all, upward price action started before the news were release to delay a possible break of $1300, i still think were gonna revisit $1180 and $1100 starting next year, being bullish at gold is a though ...
Only Gold!
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acidguy replied Jun 26, 2014after an irrational move and not consolidation its hard to chart support and resistances levels in m15, m30, you can chart maybe a fibo retracement but not a trending channel. only number which looks key right now is $1280 support from last ...
Only Gold!
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acidguy replied Jun 26, 2014well, almost everyone is long now, you know what happens when this is the case.
Only Gold!
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acidguy commented Jun 25, 2014if you go to gym for 1 year and get some muscles, then u fall a ladder and keep in bed for 1 week, you lose the muscles? its stupid, this kind of data was expected, go long USD, European ECB wanna make more nasty things with QE.
Economy in U.S. Shrank in First Quarter by Most in Five Years
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acidguy replied Jun 25, 2014the momentum was too extreme to the upside and were seeing PA to try retake > $1330 area but its failing, strong resistance lies between $1325 and $1330, today we managed to close below $1320 which makes harder to consolidate above $1300 which must ...
Only Gold!
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acidguy replied Jun 25, 2014lovely rejection at $1325, if we close below $1320 today... relax and prepare for the travel to hell at fast speed, $1300 will be slaughtered like a hot knife to butter, $1290 here we come, $1275-$1280 we can see u...
Only Gold!
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acidguy replied Jun 24, 2014brokers are not ok to be trusted in these matters, if they say its bullish, short big, Gold is just about to erase every gain it made over the last week, of course will happen also over a matter of days.
Only Gold!
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acidguy replied Jun 24, 2014it has not fallen yet, it will to $1290 likely in the next 2 days. Gold is yet in the woods, well go for new lows.
Only Gold!
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acidguy replied Jun 24, 2014yes, i stick with $1100, we ll maybe remember last week as the 2014 crazy short lived rally, gold fundamentals for this price (demand/economic data) are damaging very fast.
Only Gold!
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acidguy replied Jun 24, 2014there are 2 possible paths for 2014. $1100 or $1400 according to Global Investment firms. in the crazy arena also there are calls for $900 (crazy banks) or $2000 (Kitco sponsored analysis)
Only Gold!
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acidguy replied Jun 24, 2014those beautiful red big candles and bullish fading momentum are saying something. we need some sweet CB Confidence USA data and crazy things could happen like gold erasing last week gains in a few days, sure will be a very rocky ride, Bulls will ...
Only Gold!
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acidguy replied Jun 24, 2014after this $10 up to take out many stop losses between $1320 and $1330, lets wait for a crazy spike up to around $1327, then fall like a stone to $12xx area.
Only Gold!
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acidguy replied Jun 23, 2014what about false breakouts, they exists and they happen frequently, im not an expert but look like there is a high possibility Gold is a false flag, in 2 years of continuos trading i rather have seen a more unsupported move than last week gold rise, ...
Only Gold!
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acidguy replied Jun 23, 2014only the Hedge Funds Freaks which bought the contracts knows, worth to notice how price is trying be pushed up but momentum is fading rapidly, they are fighting, If they lose $1300 the bears will continue to dominate the price and plunge it to $1260 ...
Only Gold!