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- Gold-god commented Oct 25, 2013
Good analysis. You're right. But in my point of view, there is still one more important resistance in H4 which might get our attention. Just draw the trendline from the top of the candle on 2013.10.02 at 16:00 (GMT+3) to 2013.10.24 also at 16:00 ...
- Gold-god commented Feb 14, 2013
"Central banks have been the net purchasers of bullion since the second quarter of 2009, amassing nearly 1,100 metric tons to their gold reserves since, almost reversing the 1,143 metric tons of net sales in the preceding three years..." Just to get ...
- Gold-god commented Jan 17, 2013
In my opinion, for the short term, gold will have resistance around 1692-1698 area and strong support at 1670-1677 area. Let's see.
- Gold-god commented Dec 12, 2012
???Are they joking??? Is there any holiday? Do you mean Ava? Sorry, I have turned off all my trading platform just now because I'm going to sleep and it happen that I open this FF one more time before sleeping when I read your question. I think ...
- Gold-god commented Dec 12, 2012
is Actually I am bullish for gold in 2013. I believe gold will still go higher next year, so I'm keeping my long positions as long as I have adequate equity to hold if there is some correction.
- Gold-god commented Dec 12, 2012
Yup. Exactly 100% what I mean. Small volume, big spread, sudden jump... Better get your time to rest for two weeks at least...
- Gold-god commented Dec 12, 2012
No increase! Operation Twist ($45B) is expired in Dec 2012. The Fed extends that program, begin from Jan 2013. So if we sum together with QE3 ($40B), the total is $85B / month. Exactly the same as it is now. Nothing change....
- Gold-god commented Dec 12, 2012
Going up, but be careful because there are many resistance to break above 1730. So, don't expect too much. Better follow the move day by day and take vacation in 2 last weeks of December....
- Gold-god commented Dec 12, 2012
Going up
- Gold-god commented Dec 12, 2012
QE3 ($40B) is still running, Operation Twist ($45B) is extended. Just the same condition as it is now. Gold will go up for a bit but I guess not too much. Let's see...
- Gold-god commented Dec 12, 2012
Nothing change... Just the same policy as it is... So, no big volatility I guess...
- Gold-god commented Dec 7, 2012
From technical, of course gold bounce back at its new support level as seen in my chart (sorry, can't show here).
- Gold-god commented Dec 7, 2012
I think, from fundamental point of view, this news explains why gold bounced back so quick and didn't dive lower when NFP and unemployment came out. url
- Gold-god commented Dec 7, 2012
I think all leverage trading are risky, no matter what pairs you trade. Gold is no riskier than any other pairs. The only safer way is investing, not trading, if you know what I mean. BTW, I see gold is beginning to make a sideways. Too early saying ...
- Gold-god commented Dec 6, 2012
I'm always around though not make comments. Yes, there's a possibility like that what you think. But I think that should not be long since both have USD as the opposite pairs. USD weaken Eur up, that's normal. The abnormal is at the the gold side. ...
- Gold-god commented Dec 6, 2012
Usually Eur and Gold has positive relationship (Eur up then gold also up and vice versa), but for the last week it seems that they have negative correlation. We can see that Eur up but gold down. So I think it is wise to be cautious.
- Gold-god commented Nov 29, 2012
@Iceheart and Paras4you: thanks so much for the info... @Dr. Zain: Yes it was true, only just a misunderstanding of promoting my blog. It's no problem now. The blog actually for my personal notes. I prefer we just gather in FF. It's already a ...
- Gold-god commented Nov 28, 2012
Hi Iceheart, Do you have the link to that news where I can read? I would like to know as clear as I can get what was the cause of that surprises. I get confuse, because from the latest news about Global Demand of gold, China already become the first ...
- Gold-god commented Nov 28, 2012
Sorry, no need to wait for another 20 more minutes for my candle. I think it's already clear where gold will go for today. It's already touch 1721. Hope that already make a confirmation of reversal upside. Bear has finished. Better have a rest now. ...
- Gold-god commented Nov 28, 2012
Higher than 1716, that's a pinbar, also a good signal to have reversal upside