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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
13 years ago
Nov 24, 2010 21:07
non symmetrical formation on gold lows meaning could be interpreted as a series of higher lows.
DaveO
UK
Posted Anonymously
13 years ago
Nov 24, 2010 20:45
Yes lucky, it could be but should not go much higher now than 84.43 for H&S formation. I thought it might reverse at 83.86 = 127.2% ext but its starting to penetrate that level. Have to see what happens from here.

Gold potential H&S still possible although not such symmetrical formation.
lucky
Nigeria
Posted Anonymously
13 years ago
Nov 24, 2010 19:34
is there h&s in oil after the right shoulder in 7 oct and head in 11 nov is these the left shoulder
chloethebull
Posted Anonymously
13 years ago
Nov 24, 2010 19:12
@forum. hey guys just wondering if the possib head &shoulders formation in gold is still in play ,ashraf talked last week about it an 1380ish is still holding as possible right shoulder.but i imagine we will need a fundelmental story to come into play to comfirm the bearish pattern.thanks for ur input:)gl
partisan
London, UK
Posts: 43
13 years ago
Nov 23, 2010 20:51
Ashraf -
I've just seen your today's very strong video re AUD/USD, S & P double-top, EUR/USD etc. You have also posted previously that you see more likelihood of Gold going downside than upside. Is this still your position despite today's rise which James asrcibes to gold's safe haven status?
Many thanks, John
mike06
Idaho, United States
Posts: 4
13 years ago
Nov 23, 2010 7:11
I have some news for you guys! Have you ever seen this stuff before? It's kinda Expert Advisor and it realy does his work...
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Gunjack
London, UK
Posts: 1184
13 years ago
Nov 22, 2010 19:12
@Asad - Looks like your shorts in CL paid off...congrats!! This is perfect time to go onholiday...st barts in the caribbean is nice this time of yr
said
mulhouse, France
Posts: 2822
13 years ago
Nov 19, 2010 20:45
ASAD
dont worry
there are dutch rubber patch in the nhs and french lifebox.
asad
Principality of Utopia, UK
Posted Anonymously
13 years ago
Nov 19, 2010 19:57
Oooh la la! A vacation w/in a vacation. ;) I'm on vacation & the rest you can understand... :D

Asad

P.S. Gunjack, you get first strike on the 'riddle' - Said, you get second.
chloethebull
Posted Anonymously
13 years ago
Nov 18, 2010 17:13
ashraf, if we see a head &shoulders formation in gold would u have to re-value ur tp on gold @1315-1320 range..could there be potionally a break of 1300?thanks:)