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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)
 
rkkashmir
Posted Anonymously
14 years ago
Mar 10, 2010 9:41
Gold will hit 1140 today
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 10, 2010 9:34
What's the direction of Gold today? seems like going up..
speculator
Posted Anonymously
14 years ago
Mar 10, 2010 8:24
xaron i disagree i believe as long as the fed are sensible (they remove excess liquidity and tighten up) and dont do anything silly the dollar will not reach 2008 lows for a very long time. However i know ashraf would disagree because he believes we are in a long term dollar bear.
Desi
UK
Posts: 69
14 years ago
Mar 10, 2010 8:00
Its not been mentioned much if at all from what I can see. But that 50ma cross from a week or so ago as some meaning if you look back at the chart history. Anyone else agree? From a Technical Point Of View of course.

Would love to see GOLD close below 1123 today - that would reverse that crazy looking daily candle from yesterday.

Just have to wait and see what happens





Desi
UK
Posts: 69
14 years ago
Mar 10, 2010 7:52
I agree speculator
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 10, 2010 7:49
I'm not long GBP anymore. But I'm long Euro, Gold, NOK and USD/JPY.

@spec: Yes China wants a strong Dollar to get out at better prices. ;) In the long run they can't fight against the decline of the Dollar.
speculator
Posted Anonymously
14 years ago
Mar 10, 2010 7:32
FACT: what china rumours moves the market. China wants a stronger dollar and will get it.
PippedOff
Posted Anonymously
14 years ago
Mar 10, 2010 7:31
Xaron-you still long gold, euro and GBPUSD?
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 10, 2010 7:28
So what? Their actions tell a different story. ;)
Desi
UK
Posted Anonymously
14 years ago
Mar 10, 2010 7:26
Global Times - China prefers greenback to goldhttp://bit.ly/bFc5an