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  • Gold and Silver Forecast for November 10-14

    From tradingnrg.com

    Gold and silver bounced back on Friday following the release of the U.S. NF payroll report, which was slightly below expectations in terms of growth in number of jobs – 214K and not 230K as anticipated. Despite this rally, both precious metals were still down for the week. Looking forward, this week’s events and reports include U.S. JOLTS and retail sales, EU GDP for Q3, Canada’s manufacturing sales and U.S. consumer sentiment. So let’s breakdown the economic preview for the week of November 10th to 14th: The bullion market kept cooling down during most of last week until Friday when the NF payroll report ... (full story)

I have seldom read such a vague and bias piece. no technical analysis, no reading of price, no understanding of why gold moved the way it did. You assume more downside yet you state no reason for the market to continue downward.

In short your analysis and forecast of of little if any value. Please try harder next time or increase your knowledge of the market and then write high quality articles not low value pap.
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[quote=Mike Haran;7857973]I have seldom read such a vague and bias piece. no technical analysis, no reading of price, no understanding of why gold moved the way it did. You assume more downside yet...

what do you think mike, weekly candle was a nice hammer right there, will it be a correction towards
$1200, 22, 32, 42
Quoting Mike Haran
I have seldom read such a vague and bias piece. no technical analysis, no reading of price, no understanding of why gold moved the way it did. You assume more downside yet you state no reason for the market to continue downward.

In short your analysis and forecast of of little if any value. Please try harder next time or increase your knowledge of the market and then write high quality articles not low value pap.
I think some of the reporters today get paid just for writing anything. Seems like most of these type of "news" are just a waste of time, leaving the reader with more questions than answers. May just be that they themselves are unsure what they are talking about, but since they get paid to write, anything they can post is a paycheck, accuracy and details be darned. It's almost like watching a pregame show, with the commentators not even know how the game is played or stats of the teams. Just my opinion.

Happy Trading.
Sketchy at best....vague for sure.
Freedom 30?
Maybe sketchy of analysis but his conclusions IMHO are solid
Respect the inescapable certainity of Math
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Quoting Agent Orange
Maybe sketchy of analysis but his conclusions IMHO are solid
"Solid" implies it rests on identified factors that supports such thinking going forward. But that is the problem here - there is nothing in the article to lean on just on the authors say so and given he is not an oracle that leaves precious little by way of a convincing analytic effort. It is clearly a case of uncompleted staff job and if nothing else the outcry should remind the poster not to take peoples time for granted.

The Crow (-_-)

The opportunity cost of reading this article is the time lost in finding an alternative more informative piece that facilitates the traders decision making. That time is not cheap at all as such.
Quoting Agent Orange
Maybe sketchy of analysis but his conclusions IMHO are solid

not looking so solid now ehh
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  • Story Stats
  • Posted: Nov 9, 2014 4:06pm
  • Submitted by:
     liorcohen
    Category: Fundamental Analysis
    Comments: 7  /  Views: 4,564