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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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rrose
Posted Anonymously
14 years ago
Mar 16, 2010 17:26
if gold dose not hold this 1126 we are going up to 1143 again and as all of you are posting the fed will not do anything i shorted at 1126 again but i will be out of shorts if we break 1129 it dose seem like this will be the last time the fed will do nothing then start in the Q2
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 16, 2010 17:25
those citing USD weakness, you forgot to cite the ongoing legislation fo rbanks that is weighing on USD.

USDX remains above 79.20 channel support indicated many times on this website. Unless we close below this and close above $1.38 USDX uptrend remains intact.

Ashraf
chloethebull
Posted Anonymously
14 years ago
Mar 16, 2010 17:16
@pippedoff again ...look @ last week (fri)we had tons of usd neg- news come out..we did a lil pop up then the markets sold off soo quickly..i expect the same today..but now having said that .i;ll be proven wrong lol..soo hard trying to figure out the big boys..gl did u do any trades?i added shorts on gold @ 1125..oil @81.50 an long usdcad @1.0149...gl
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 16, 2010 17:14
Pipped-- Markets are rarely rational. The euphoric momentum continues taking everything higher. All it will take is any indication of increased hawkishness by the FOMC and the USD will rally and gold/oil will drop HARD.
chloethebull
Posted Anonymously
14 years ago
Mar 16, 2010 17:12
@pippedoff,here my take i think the big boys are seting up for a big reversal but in order for them to do that they want to deceive the markets by continually pushing things higher.. then when they have enough lil guys in they will reverse markets soo fast leaving the lil guy holding the bag ..my prediction is if we get a dovish satement markets will sell off b4 reversing ..if hawkish then they;ll push markets higher b4 reversing..there always tryn to stick it to us(lil guy)..gl
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 16, 2010 17:07
I think the FED is gonna sound just a wee bit more hawkish than in the past and gold is gonna fall hard. Shorted @ 1123
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 16, 2010 16:43
look at last weeks resistance of 1127

Ashraf
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 16, 2010 16:05
Ashraf what about gold? it's going higher and higher,,where do you think we are going in gold?
Thank you.
Ashraf Laidi
UK
Posted Anonymously
14 years ago
Mar 16, 2010 15:55
chloe, u jist divided SPX by VIX and you get 65.9, which is testing that 65 level. That chart showed we had a triple around 65 before falling down 38%

Ashraf
Salo
United States
Posted Anonymously
14 years ago
Mar 16, 2010 15:40
Gold and Oil to stay strong till end of march/begining of april. Then watch out!!!

Hang in there guys!!!
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