Bear trying hard to bring this thing down now..........

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Sad to hear that. Really. After what I type here from yesterday night. Sad......

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Now I am having problem determining the target for this one. If this is real trend , this could go a long way back up. With all the 1400 shorter underwater, this is really going to be great. Anyway stoploss in place. If the breakout occurred ...

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Waited so long already. The big guy still want testing water with the recent spike. Boring........like watching paint dry. Even in forex market also ding ding dong dong doing nothing.

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Price had been trapped in a triangle for some time. Be patience and wait for the real breakout to confirm the direction of the trend. As they say "Good things come with patience"

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I agree with you. Even a minor 38.2% RET from the start of the big drop also bring to 1424.

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Nearing resistance high. lets see what in store for us. Advice. Focus on setup! Not on Profit or Losses!

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Boom boom again. Nice.

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Good trade. I was expecting more upside. Shorter that still holding short at the bottom will be in deep underwater.

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Boom boom again but this time to the upside.

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Gold rebounded at 78.6% Ret. probably meaning the bottom already tested. Now to test the top. If break go 1427 or higher. My 1 cent view

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Yeah. Nice. Just stop at 78.6% retracement.

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Nice chart. Look like gold had some support at 50% retracement at 1362. Probably see retest of 1402 high. I agree with you on that. IF break yesterday high of 1402 then MAYBE go to 1427.

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Another selling wave coming? 1372.......1280......1389.......1100.....bh.

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Central bank had been buying up the since the drop. Now only got rumour. BTW, not sure if this is dead cat bounce or bull. Big guys may smash this to 1100.

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The technical trader can trade according to their chart. In fact, I see 1300 and 1265 coming soon. The decoupling of physical gold and paper gold can go on for months since the contracts expiry on Junes. If paper trading gold, don't fight the ...

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The advantage of paper gold trading is leverage. Paper trading use leverage to increase the buying or selling power. This can also be the disadvantage if in the wrong side of the market. They can be panic if this selling goes on. If you ask me ...

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wow....drop till 1402 on my chart. Anyway, Cyprus bank selling gold will not be on the market. It will be between central banks only.

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This is a battle between physical and paper gold. The paper gold may be pointing to 1380 but the physical gold is a different story. Of course if you follow comment on this forum, all comment will be pointing gold down. In fact this look more like ...

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