Gold getting keistered | Forex Factory

Gold getting keistered | Forex Factory

Gold getting keistered

From forexlive.com

That’s a technical term… Upon breaking below the $1700/05 level, spot gold has fallen all the way to $1690. EUR/USD is finding good two-way interest in the 1.3320/25 area. If Gold continues to slide look for the sellers to win the battle in EUR/USD. We’re having a classic risk-off reaction minus JPY strength after Bernanke stopped filling the proverbial monetary punch bowl today.

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Feb 29, 2012 2:56pm

Keistered? LOLz. Massive move indeed, went for a short foot massage only to see it 1600-ish. Anyways am I the onlyone to think it's just a bit of profit taking in an uptrend? AUD, not keistered, GBP, not keistered so I think some of those zealous shorters could get ... keistered.

Feb 29, 2012 3:27pm

Great buying opportunity, wonderful !

Mar 1, 2012 11:36am

there is a flag(h1). upper limit is flat on 1724.9 and lower is acsending trend from 1685 to 1700. which side dose come to break? usually flat side

Feb 29, 2012 3:22pm

Top of the roller coaster? Not bad but top of the food chain is even better.

Mar 1, 2012 2:23am

I will buy limit at 1670

Feb 29, 2012 7:48pm

breakout may occurs need confirmation
be careful to traders out there
it would be best to stand aside for now

Feb 29, 2012 2:54pm

1688 down KO.

Feb 29, 2012 3:05pm

"...after Bernanke stopped filling the proverbial monetary punch bowl today."....that is nonsense, this sell off came way before bernanke even opened his mouth. If you want a good look at where gold is going, look at a monthly chart. Ever been to the top of a roller coaster?

Mar 1, 2012 12:31am

880

Feb 29, 2012 2:44pm

buy some gold now...

Feb 29, 2012 9:40pm

Could it be a shake out? Because yesterday high was in resistance of November high.

Feb 29, 2012 3:01pm

bought 1691.1h rsi = 11, 4h = 19

Feb 29, 2012 3:27pm

There is selling in gold till 1561. If some one wants to buy gold buy below 1561 in few days. Just sell gold.

Feb 29, 2012 3:55pm

gold may test below 1500 buy gold @ 1520 1530

Feb 29, 2012 6:12pm

It is possible that may be gold go below 1520 but it will go first 1561, so selling till 1561.

Feb 29, 2012 6:29pm

1710 first

Feb 29, 2012 8:10pm

sold 1691 long at 1710 and 1718.75

Feb 29, 2012 10:22pm

will gold restore its position of $1790???

Trader#FF32

Mar 1, 2012 12:47am

lemme just say my mouth was on the floor half of yesterday,wth was that? i sold my long scalps wen it briefly sparked at 1790 dint look healthy,good call, everyone thought 1800 atleast !!..keistered is an understatement.

Mar 1, 2012 12:52am

any guess!!!!!! how much time, gold and silver required to restore its high positions???? again bernanake is going to open his mouth......

Mar 1, 2012 11:56am

Pull up a ten year chart of Gold.......puts all of this in perspective. Gold has been "dead" about 3 dozen times over the last ten years........look what that has gotten you.

Trader#7326

Feb 29, 2012 3:11pm

Is gold reacting weird in the last 2 hours? Only moving up and down fast between 1734 as max fr0m lowest 1688??

Trader#6D3B

Feb 29, 2012 3:43pm

buy gold around 1580 1590

Trader#CACE

Feb 29, 2012 9:01pm

The coming trade will be FSG on New York.

Trader#FF32

Mar 1, 2012 1:06am

@bilallatif who knows?? like u say stay out until Bernanke speaks, or atleast until the american session opens

Trader#A951

Mar 1, 2012 6:03am

Be on safe side and never sell GOLD
B.K.

Trader#2E38

Mar 1, 2012 8:26am

Never say never

Trader#BE07

Mar 1, 2012 9:51am

The fear that the gold market has become somewhat unruly has lead some very smart people like Buffet to question it’s sustainability....Now it is time to sell gold...

Trader#6068

Mar 1, 2012 9:57am

what you guys say about gold will it go down more?

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Feb 29, 2012 2:39pm
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