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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)
 
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PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 18:08
I repeat my earlier assesment: weask long are scrambling to buy gold. This is the top.

Buckle your seatbelts as we begin the descent to 1130, 1123, 1117, 1112. 1108, sub 1100
klevera
seoul, Korea Sout
Posts: 51
14 years ago
Mar 2, 2010 17:52
I can't guarantee that gold is going down but i dont see many reasons backing up gold should go up now.
ExpertShark
United States
Posts: 13
14 years ago
Mar 2, 2010 17:50
I agree with Pippedoff we're done on the upside...In my Previous post i mentioned one final push in gold above 1130 (max range allowance 1140)...I'm sticking to this... i believe we're going down to 1020 from here. (if we turn out to be wrong and we close above $1,140 then we might see 1165 before we see 1020; i would manage my positions accordingly!!)
nzvik
New Zealand
Posted Anonymously
14 years ago
Mar 2, 2010 17:32
i am sure pippedoff hopes gold goes down as he has been shorting since 1120 and buying usdcad since 1.0420.
Pabloc75
Buenos Aires, Argentina
Posts: 16
14 years ago
Mar 2, 2010 17:25
I agree with pippedoff. I've been stopped out @ 1135.88 of my short position.
So the top is around there! LOL.

Good luck to everybody
Steven Blyth
London, UK
Posts: 148
14 years ago
Mar 2, 2010 17:24
Well i do hope it drops some as I am shorting it :) from 1135
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 2, 2010 17:23
@ Pippedoff......if gold is unable to break today's high before the close, where do you see Gold heading into the week ahead?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 17:22
Really? A WEATHERMAN ANALYSIS states it will go higher because it has been going higher. The Weatherman tells you which way the wind blows, like BuyGold2000. I am saying the short/medium term TOP is in foir Gold, already down $3 off it';s highs. Get below 1130, and weak long will panic.
Steven Blyth
London, UK
Posts: 148
14 years ago
Mar 2, 2010 17:18
PippedOff. Short term top in gold is also weatherman analysis :) Especially when parabolic moves usually have some sort of retracement.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 17:17
mY CONDOLENSCES TO THE WEAK LONGs WHO BOUGHT GOLD TODAT AT 1136.2. hOPE YOU HAVE A TIGHT, very tight STOP ORDER PLACED.
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