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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)
 
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 28, 2012 11:09
43 would align with the 70.7% fib at 42.88 but I think we need to test 37.58 next, closer to hand ( current 34.80)
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Sep 28, 2012 6:46
I just got a load of silver last night. Projecting 43.

Ashraf
DaveO
UK
Posted Anonymously
12 years ago
Sep 28, 2012 1:30
Yes the Cornish have their own language and Kernow means Cornwall. They have an agenda to become independent from England. The Cornish are a small minority overrun by people with second homes here and guys like me retiring to live in Cornwall. They call holiday tourists Emmits which is a disparaging word. They also have their own colloquial English language, if they like you they would call you me beauty. Going back in history a community of miners, fishermen, farmers and pirates. Once rich in minerals exploited by the aristocracy from up country the Cornish had a very tough time and have never forgotten it.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 27, 2012 21:54
Kernow monsieur s'il vous plait
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 27, 2012 21:34
I think I called long gold at the triangle break 1629 on the 21st August when we had the 200dma just above at 1643. It didn't even recognise the 200dma.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 27, 2012 21:24
Well the gold can do $50/day easy, so $27 tomorrow no big deal. Of course we might see some minor consolidation first or hit target before petit dejeuner. The 1807 is that 70.7% level again which could be a reaction level. 78.6% level at 1838.7

Bon Voyage Monsieur Georges
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 27, 2012 18:38
Think I stated daily George. The 5 down referred can be seen inside 2 hr chart
GeorgeBensonOldGrey
France
Posted Anonymously
12 years ago
Sep 27, 2012 18:04
some taking profit till 91.650/550
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 27, 2012 18:00
gold been easier. Made nice simple corrective on 60 min chart from 1788 high to 127.2% ABC level low at 1738. Keep an eye on 1807 next (current 1779)
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 27, 2012 17:47
George, you might be right, it made the 50% ret level on daily but looks like 5 down to me so could be 5:A or 5:1 with B or 2 now in progress. Reaction at the 94 level provide clues.