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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
Pipster
birmingham, UK
Posts: 111
14 years ago
Feb 18, 2010 21:39
Letisha, you must be lvoing it :)
Letisha
St. Catherine, Jamaica
Posts: 156
14 years ago
Feb 18, 2010 21:36
Gold just dropped a massive $6 from its highs of 1124...Thx to the PPT I'm grinning all the way to 1020!!!
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 18, 2010 21:34
What just happened? Everything is on the move!!
rim
Turkey
Posts: 121
14 years ago
Feb 18, 2010 21:31
Dear Ashraf ,

EURO down but GOLD up , especially Gold by EU/ ons above 800 , is it normal ?
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 18, 2010 21:02
We are at A MOMENT OF TRUTH for the usdx rally, butting up against resistance even with the mindless PPT-backed equity rally.

Just imagine, JUST IMAGINE what happens to pairs like USDJPY and AUDUSD when euity tides change and start to decline.

Yup, you guessed it-DESTRUCTION!
chloethebull
Posted Anonymously
14 years ago
Feb 18, 2010 20:57
hey ashraf,just wondering what ur thoughts on shorting some crude contracts were creeping up to that 80buk level ,which i find a lil odd with another huge build in the invetorys today soon winter will be gone an i see inventorys building more ...thanks for ur thoughts gl
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 18, 2010 20:51
Trying to get more Gold off at 1124.1. COME ON PPT-do your thing!! PPT is shameless!
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 18, 2010 20:25
Gold setting up very nicely for its pending swoon!

Thank you PPT for giving confidence to the lemmings who INSIST on putting risk trades on in anything but a "riskless" environment.

Now it is time to take to transfer some of that $$ from the lemmings accounts to ours!
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 18, 2010 17:02
It appears Gold has run into a double-top in the 1125 range. I suspect drastically lower prices are in the offering.
ExpertShark
United States
Posts: 13
14 years ago
Feb 18, 2010 16:13
According to my count Strong Resistance for Gold at around $1,133. Target $1,020 as Ashraf said many times! Manage your account wisely!