Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
still no break above 1140 in gold.
Ashraf
any thoughts of gold today?
Lois
if u mind here is an advice
take long term chart of thirty years on gold and major pair and commodities currency pairs and study the capital flow between for instance aussie and gold between begining eighties till mid nineties and then 98 till now. u can do the same betwenn loony oil and gold, ZAR/GOLD
then take ashraf book chart and decipher the charts.
that will give u the overall dynamic and trend in a commodities and/or commodities currency pairs
Pimco prefered the commod currencies pairs but bear in mind that the upside is limited. they never give thier time frame and this is what put them apart of others.
in nay doubt just ring if i can.
Do you see near term Dead cross for SILVER? 200 > 100
Would you explain how to get the data from the goldprice.org site. I have read and now I am re-reading Ashraf's book - however I find myself way behind most of the people on this site. (Although I would like to "catch up".) Would like to set up a chart which would be easy to read to compare the currencies against the gold and any help would be greatly appreciated. Thxs
Lois
GOLD vs USD: we can use the trend line resistance from the Jan 11 high thru the Mar 3 high and come up with 1133 resistance. so it is fair to expect 1105 from here.
Ashraf