Gold, Oil & Indices (Equity & Bond Indices)

I think we will start hitting the protective buy stops very soon, which could easily takes us into the 1145-1150 area...

nzvik...i was thinkn the same thing earlier that goldneeds a 30-40$ day lol,can;t beleive boc would issue such a statement knowing it will hurt our economy..ohh well just a matter of time b4 pl pounding table talkin cad down..gl

NZVIk , actually i am trying to learn through Ashraf's IMT.but i believe it is not enough.Thank you for your advice :)

Gold is in the SHORT ZONE I talked about yesterday.

Also, last week I warned everyone the correlations we all have been trading around were starting to break down and change. Ashraf confirmned that not too long ago in a tweet.

Also, in recent experience, Ashraf has missed only one call, the GBPCAD call which chloe is stuck in. There also was an issue on a USDJPY call a few months back. If a call is wrong, he moves on to the next call. That is why you all MUST use stop orders!!! Ashraf cannot possibly know where each of us is positioned, nor is it his responsibility.

So be careful on the Gold and AUDNZD which Folks, there still remains the rest of the PIG nations to HAMMER the euro. If GOLDman screwed Greece with those swaps to make billions in commissions, you KNOW they did the same to Spain, Italy, Portugal, etc.

@Nezvk i am very new in gold trading, what do you think of gold heading??