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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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Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 11, 2010 13:35
Ashraf what about gold today?
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 11, 2010 12:31
Hi Desi,
Yesterday gold was 1128 - 1103 i believe there will be some correction today or will continue down this is what confusing me for today :)
Desi
UK
Posts: 69
14 years ago
Mar 11, 2010 12:27
Hi Himo - what is it you are not seeing in GOLD ?
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 11, 2010 12:24
Any thoughts on gold today?
Desi
UK
Posts: 69
14 years ago
Mar 11, 2010 12:02
I am still short GOLD - looking forward to seeing that weekly chart should things continue the way they are. I closed silver short and will wait to see what the current weekly chart looks like before thinking about getting back in - dont want to be over exposed on metals.

I have a few small shorts in AUDNZD - got in again near the highs after the news. The chart is all over the place with bearish divergence from stochs to rsi and momentum.

I am looking more and more towards more positional trading and following Ashrafs advice. Getting into 15min to hour charts is just no fun anymore. Looking to stay 2hrs and above. I concentrate on daily and weekly closes alot more than I did. Thats how they do it at the hedge fund I work at so its time I took another steer from the big boys :-)
Pipster
birmingham, UK
Posts: 111
14 years ago
Mar 11, 2010 10:37
Eelman, Chloe, Pipped, Desi - What pairs are you looking at . I've taken the Silver trade don't really see anything else.
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 11, 2010 9:53
Ashraf
what is the direction of gold for today? do you think gold will make some correction up? or will continue down.
Desi
UK
Posts: 69
14 years ago
Mar 11, 2010 8:03
Yes it happened yesterday :-)
Pipster
birmingham, UK
Posts: 111
14 years ago
Mar 11, 2010 7:31
Guys,

Looks like silver is falling nicely. Desi what do you think. Has the crossover happened
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 11, 2010 4:46
For me cheaper levels to buy. :)
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