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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8898
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
jacek
Melbourne, Australia
Posts: 2579
10 years ago
May 3, 2011 1:36
wow nice moves in gold.. monthly chart is quite fascinating: inverse head-and-shoulders pattern embedded within a large, long-lived broadening formation.. the price is currently in the range of price target around 1600 from this inverse head and shoulders with head around 700 and neck around 1000.. and it's now also approaching the upper resistance level of the broadening formation.. it looks like there is a still a little room left for further rises but sharp fluctuations can occur at any time in such situations.. personally, I wouldnt trade positions here.. scalping is a different matter..
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 3, 2011 0:14
could some of the more experienced traders please weigh in this huge down move in gold..i posted over the weekend that somthing isnt right with the latest ben comments last week..ok gl guys:)
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 2, 2011 21:30
wheres every1 @ theres a major reversal taking place..ur all missing out lol:)
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 2, 2011 20:01
moment of truth on oil ..testing my bottom chanel 113.30 a break im reshorting.previous stick very bearish engulphing all depends on the new stick:)
cat0nip
Germany
Posted Anonymously
10 years ago
May 2, 2011 19:41
silver has nothing to do with bin Laden.
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 2, 2011 19:29
closed out the oil short @113.45:) yaa lol..looking to re-short above 114 or if the 1-4hr close below 113.00..gl guys:)
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 2, 2011 18:05
qman i agree with that observation but mayb some1(gs) was leaked the info which lead to it ..ok gl ..oil following previous drop now looking for some excaleration:)
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 2, 2011 18:03
ok oil is back to the scene of the crime..previous price action showed heavy selling @this level all the way to sub 111..gl guys:)
Qiman
United States
Posts: 237
10 years ago
May 2, 2011 18:01
Not so sure the initial precipitous fall in silver had anything to do with the bin laden news, which came out quite a bit later in the session, correct? If I recall correctly silver fell within minutes of the globex session opening, most of it within only 12 minutes or so, and the BL news hit later that evening. (That is when the equity indexes soared, etc). The silver crash instead looked to me like a speculative attack on silver, perfect timing with much of the world on holiday and very thin trading, such moves often occur during these strategic windows . . .
chloethebull
halifax, Canada
Posts: 1183
10 years ago
May 2, 2011 17:46
oil finding a lil bit of support @ 113.25-50 level ..wanna c this candle close below 113.50 if not im covering for 1buk profit lol..:) gl