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by Ashraf Laidi
Posted: Feb 23, 2010 18:53
Comments: 201
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This thread was started in response to the Article:

Gold Catching Down with Euro

Gold's record high vs. euro was a key signal in ensuring bearishness in both the currency & the metal against the US dollar. Forex & commodity traders must watch.

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PippedOff

Canada

Posted Anonymously

15 years ago

Mar 4, 2010 0:42

After the past two days risk on move, I never thought I would say the words "key support" again, but for Gold it comes in the 1133/1136 zone. A break of that area and it can get interesting.

said

mulhouse, France

Posts: 2822

15 years ago

Mar 3, 2010 20:59

ok RRose
u got a short pullback on gold

dont forget the divergence in transatlantic sight on GOLD even if its not revealed.
France hold the most part of its reserves in GLD
USA jsut hold a little when we compare to monetary mass

never heard of the ULTIMATE WEAPON. FEW MORE UP AND DOWN;

TUTTO INSURED

rrose

United States

Posted Anonymously

15 years ago

Mar 3, 2010 20:52

TUTTO BENE

rrose

United States

Posted Anonymously

15 years ago

Mar 3, 2010 20:48

said NOUS VERRONS

Pipster

birmingham, UK

Posts: 111

15 years ago

Mar 3, 2010 20:08

Rrose , I agree.

rrose

United States

Posted Anonymously

15 years ago

Mar 3, 2010 19:32

what i ment is that gold has more to follow down the euro now 1125 also aud jpy looling very weak good short target 78

Pipster

birmingham, UK

Posts: 111

15 years ago

Mar 3, 2010 19:00

RRose,

I believe there is plenty of room for Gold to move up to 1155 - 1170. Then it will spiral downwards. Yes, in the meantime there maybe small pullbacks but I'd rather wait until the leg upwards has finished. I'm also keeping an eye on Silver and 1725 looks a good short entry. Good Luck

rrose

United States

Posted Anonymously

15 years ago

Mar 3, 2010 18:51

going short gold dollar who is with me 1142 gold was going up with out the euro now i think that euro will go up and gold will come down

sydneyjames

Sydney, Australia

Posts: 348

15 years ago

Mar 3, 2010 9:54

pippedoff, why isnt the 1137 an entry pt, if this point is as u said a triple top, it would drop temporarily at least