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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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ray
New York, United States
Posted Anonymously
14 years ago
Mar 4, 2010 15:25
good buying opportunity, or cover opportunity...
rkkashmir
Posted Anonymously
14 years ago
Mar 4, 2010 15:25
I have an order in to close the gold short at 1088
rkkashmir
Posted Anonymously
14 years ago
Mar 4, 2010 15:23
as I said yesterday, I liquidated my long Gold, euro and gbp.

I am with you guys and short gold at 1141. Closed my short euro and gbp already today.
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 4, 2010 15:17
i would absolutely love to see what RK kashmir has to say if Gold does break below this support.
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 4, 2010 15:04
gold is retesting the 1133 50% retracement again, dont no how long can this support can last
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 4, 2010 14:24
wont do much b4 NFP. but its starting to look like it migh have peaked. look for it to break 1132, ashraf has said towards 1127. id like to see it break below 132 and retest before adding more shorts
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 4, 2010 14:21
@Wolf do you think it will start breaking today??
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 4, 2010 14:14
gold just woke up, want to break through this 1132 level
asad
London, UK
Posted Anonymously
14 years ago
Mar 4, 2010 13:39
P.S. ...and thanks for missing me!
asad
London, UK
Posted Anonymously
14 years ago
Mar 4, 2010 13:37
Gunjack,

My friend, I posted just yesterday, albeit after a long time. I'd been travelling & was (deliberately) away from the market.

As I wrote earlier, I'll let the dust settle before jumping in. Talking of shorting, I am examining the possibility of going long on silver. I believe it's a MUCH better investment than gold...and is an undervalued one compared to gold (even in the 17s). And then, it's not as useless as gold!

I was waiting for the 13s when it was within 15s, but here's 17. ;) But make NO mistake - I'm NOT done w/ oil. It remains my passion...and while it seems EXTREMELY sexy shorting at 81, I'm testing the art of control.

Won't be surprised if any of you lot bank 300 pips by close of play tomorrow...


Asad
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