Gold, Oil & Indices (Equity & Bond Indices)

I agree with Asad, Chris Vermeulen did not predict the fall in gold, it was precipitated by the GS affair.
many of his predictions are very ambiguous.

My prediction for gold, short term, it may go up it may down


Good luck out there

Ashraf,

Well, he didn't REALLY predict 1140 you know. He saw some logical downside in the morning video. And I didn't like the fact (in fact, haaaaaaaated it!) that he COMPLETELY ignored the Goldman news as being the reason for the sell-off! He kept saying, 'as we said...as we said...as we said' (sic) as if he KNEW it was going to happen. Well yeah, he saw a bit of correction...but certainly NOT 1130.

Good that you endorsing this because even a deaf one could see that today's sell-off was caused by Goldman, of which Mr. Vermeulen made NO mention of.

Like the way he discreetly says,'I'm not sure'. Not being cocky, but his prediction of gold falling today was as good or bad as me reassuring Haitham that oil will be trading lower by Friday (& I actually wrote it 3x. But can I take credit? Certainly not (even if it were supposed to trade lower), because it was Goldman that caused it.

Credit where it's due - here it's not. Sorry...


Asad

yes
usdjpy and audjpy by nex sunday. that will give us the temperatures for gold
91.5 91 for jpy afer a possible pullback.

asad no stop loss is 1120 I entered long at 1139