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- lexazver replied Apr 12, 2013
well at least we saw a bounce from 1526 so should go up from here
All Majors and Gold
- lexazver replied Apr 12, 2013
THe more I hear about this amazing rally in gold that is coming the more I see the gold fall..fundamentally with all the money printing it will have to rise but it is just not happening ... Last week Jim said that Last week was the low for the ...
All Majors and Gold
- lexazver replied Apr 12, 2013
bear trap? or SOCGEN together with GOLDMAN having a big bunga bunga party
All Majors and Gold
- lexazver replied Apr 12, 2013
Only that Germany will not give more money to cyprus besides 10bn..
All Majors and Gold
- lexazver replied Apr 12, 2013
their gold is only worth 400m compare that to 6bn extra that they require it's really small...Also I think in the coming month they will come to ask for more as people withdraw what hasnt been confiscated.. Personally I think they would have to sell ...
All Majors and Gold
- lexazver replied Apr 12, 2013
Calm down guys )) remember the old saying buy low sell high .... whenever there is a move everyone (and i dont exclude myself) start predicting ever lower or ever higher prices depending on the move.... im not saying that it will not go down lower ...
All Majors and Gold
- lexazver replied Apr 12, 2013
and that is precisely the reason why gold is where it is and not lower, some people believe this QE will not stop in the near future, or at all. Also now ECB is under more pressure to either lower the rate to 0.5% or introduce its own QE...will have ...
All Majors and Gold
- lexazver replied Apr 11, 2013
Kazakhstan central bank says may increase share of gold in reserves. - looks like Cyprus found the buyer ))
All Majors and Gold
- lexazver replied Apr 11, 2013
instead of providing hint of direction the hourly candle provided a set up for next trade imho... if the price goes above the high of the last candle buy with stop loss under the candle and sell below the low of the last hourly candle with stop ...
All Majors and Gold
- lexazver replied Apr 11, 2013
the close of the current hourly candle should provide better indication of direction
All Majors and Gold
- lexazver replied Apr 11, 2013
hohoho merry xmas .... I was writining a piece on cyprus at work and actually mentioned that 17bn bailout is likely to be very underestimated....turns out it is )
All Majors and Gold
- lexazver replied Apr 11, 2013
unemployment claims in 20+minutes should be the driver for the rest of the day..
All Majors and Gold
- lexazver replied Apr 11, 2013
I may be wrong but looks like someone is selling into these small run ups in price..
All Majors and Gold
- lexazver replied Apr 11, 2013
I would have expected a spillover effect for gold to go up against ALL currencies but since its been made into paper this is not the case. For example lets assume paper gold market did not exist, then the Japanese would have to get rid of their yens ...
All Majors and Gold