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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.
 
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 4, 2010 18:08
re-opened the position trade short gold at 1133.6 which I closed earlier today at 1128.1

I still have my other gold shorts for the pending crash in price.

Average short price now up to 1129.9.

Time to begin the descent again. I have my seat belt on and am fully strapped in and restrained for this wild ride.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 4, 2010 15:39
No sooner did I press the "send" buttion on last trade, Gold got shot 1128. Looking for short bounce off 1127 resistance before resumption lower.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 4, 2010 15:30
Gold eating through bids at critical support band 1134/1137. Break of this targets 1127 zone
trailblazer
Karachi, Pakistan
Posts: 1
14 years ago
Mar 4, 2010 12:09
Ron Rosen has done some excellent gold analysis. He posts over on marketoracle.co.uk
rrose
United States
Posted Anonymously
14 years ago
Mar 4, 2010 9:45
wolf nice place old support turn into resistance 79.80
pipster
UK
Posted Anonymously
14 years ago
Mar 4, 2010 9:18
Will do Rrose - thanks
rrose
United States
Posted Anonymously
14 years ago
Mar 4, 2010 8:43
good job pipter i would suggest you bring your stops to break even that would be good risk management.
good luck
pipter
UK
Posted Anonymously
14 years ago
Mar 4, 2010 8:35
Rrose

Alo hort at 80.14, looking for the longer term target of 78.40.
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 4, 2010 8:33
rrose. south, Mt Eliza. looks a little oversold on the 4hr, youd expect it to come back and retest 79.8-80.0. 21 ema sits at 80. if it makes it back there ill look to short with a target of retesting 78.0.
rrose
United States
Posted Anonymously
14 years ago
Mar 4, 2010 8:23
hi wolf from MA st kilda?east west? i had my take profit at 79.10 bounced on 79.15 typical! but still looking at 79 and then on to 78.20/30 range like to hear back from you