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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)
 
Jon
Colorado, United States
Posted Anonymously
14 years ago
Mar 17, 2010 13:48
I think RKKASHMIR was way ahead of many posters on here. Who's laughing now???
Desi
UK
Posts: 69
14 years ago
Mar 17, 2010 7:30
"i said earlier today on IMTs, Forum AND ON TWITTER, that oil will UNDERperform gold. See How far we dropped in oil. and i still see 76.50 this week.

Gold will get weaker but oil will fall faster than gold.

I Again, I said this all over the site..All you guys have to do is read.

Ashraf"

@sydneyjames I hear ya - SO fustrating to watch GOLD & OIL etc

Look at Crude can this really hit Ashraf's call for 76.50 this week ?
OPEC have short meeting today but is anything expected ?

Its impossible to trade with stop losses cause they just would get blown out on every
trade setup being called before any profit is realised. (AUDNZD GOLD good examples)

really need to re-think

sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 17, 2010 7:07
Just broke the 1129 resistance. Lets admit it, we are wrong.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 17, 2010 1:29
rrose, 1127 is last week's resistance a break of which will likely bring up the 1134 you mentioned. i still do not foresee this current upleg in gold to breach above 1140. Im still a long term bull but in the next 1-2 months i expect 1060 and 1020

Ashraf
rrose
Posted Anonymously
14 years ago
Mar 17, 2010 0:58
on the daily chart 1134 is still resistance 1129 held but i don't know if i should keep this short please it looks like i am the only one shorting does someone else think i should stay short.
Qiman
United States
Posts: 237
14 years ago
Mar 16, 2010 20:44
I didn't short gold. In this recent whipsaw market I've not been holding any overnight postions in Futures, have waited for clearer trends to emerge. Has been best for me to watch for and take advantage of intraday trends, and quickly admit if the probabilities are not working out. We are only dealing with probabilities after all.
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 16, 2010 20:35
gold @ 1128, guess we are all wrong again... everyone is out of short position?
padriver
Leeds, UK
Posts: 4
14 years ago
Mar 16, 2010 20:30
AUD/NZD, AUD/USD, Gold, Cable, Euro, Oil

rkkashmir didn't make many friends but he sure as hell said what he thought.
chloethebull
Posted Anonymously
14 years ago
Mar 16, 2010 19:43
@pippedoff,no time to be jumping camps u held in too long,next thing u be short usdx an markets sell off..if possib hang in there..iam.. we know that usd strength comes from the unexpected an not by expected ..what happened today was expected..gl
Desi
UK
Posts: 69
14 years ago
Mar 16, 2010 19:38
For some Solace on days like this for Gold I just look at the bearish engulfing candle of last week (weekly chart).