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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)
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 13, 2011 17:20
yeah, makes sense to try stay long unless and until EUR convince the mkts they have another magic rabit out of their hat. Eyeballing 1609 next but would expect a ret at some point before that.
Citiboy
London, UK
Posts: 20
13 years ago
Jul 13, 2011 17:18
So at what point do you start shorting Gold? Surely its due a pullback. The rise from 1480 has been too fast. I'm thinking a short at 1600 on a technical level how do you analyse as this is uncharted territory.

DaveO would love to have your thoughts on this mate
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jul 13, 2011 16:46
if eur crash next month, gold could make 1650 silver 50.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jul 13, 2011 15:48
I always need to protect my physical gold . But it seems gold will go higher although USDx did not fall that much. Short at 1600? 1700?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 13, 2011 15:12
Gold made target already, looks on a roll !

Move up from 1478 low undeniably "impulsive" structure.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 13, 2011 1:13
yeah Chloe buddy, 1581.4 in my sights for further upside. 1554 support needs to hold though. I wouldn't fade at the 1581, I always look for some degree of confirmation of reversal on smaller timeframe etc, otherwise stay with the trend trailing stops. 1590 stop would be too wide if fails at the 1581 ish. No point in being generous to mkt.
chloethebull
Canada
Posted Anonymously
13 years ago
Jul 12, 2011 20:16
hey dave, what do you think of gold atm?im looking @ the daily and see a solid case for shorting @ 1575-80=127.2 levels..r/r seams good- tight stop @1590..or do you see alot more upside?thanks:) gl/gt
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 12, 2011 12:36
Blimey AL, how can you claim a win on this one. It hit stop !

alaidi Ashraf Laidi
Thursdays Premium short silver between 36.20-36.65 for limit at 34.90-35.50, stop at 36.90 hit all targets $SILV #forex
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Gunjack
London, UK
Posts: 1184
13 years ago
Jul 11, 2011 16:53
hope ppl bot the test of the 200d SMA in CL??
Gunjack
London, UK
Posts: 1184
13 years ago
Jul 11, 2011 13:48
CL testing the 200d EMA. If it keeps its E/$ corelation could see good trading opps today