XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
trading is my zen
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #7,961
- Jul 13, 2011 9:50am Jul 13, 2011 9:50am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
- #7,962
- Jul 13, 2011 9:53am Jul 13, 2011 9:53am
I'm trying to video call my "personal broker", but he no answer !! duh! 
Someone update me the running....all trading platforms are dying on me... has it hit 1590 yet?
Someone update me the running....all trading platforms are dying on me... has it hit 1590 yet?
trading is my zen- #7,965
- Jul 13, 2011 9:58am Jul 13, 2011 9:58am
- | Commercial User | Joined Oct 2010 | 1,778 Posts
I'm trying to video call my "personal broker", but he no answer !! duh!
Someone update me the running....all trading platforms are dying on me... has it hit 1590 yet?
GC 1585.5 - fading slightly
beeb
- #7,967
- Jul 13, 2011 10:18am Jul 13, 2011 10:18am
We like gold, China likes gold. Here is a little shop in China, there are many like this
. it is a government run giant chain shop for retailing gold with a lot of shops over China.its banner reads WE ARE THE ONLY CENTRAL GOVERMENT RUN COMPNAY IN CHINA GOLD & JEWELRY INDUSTRY
- #7,970
- Jul 13, 2011 10:53am Jul 13, 2011 10:53am
- | Commercial User | Joined Oct 2010 | 1,778 Posts
heloooooooooooooo
People will answer your questions if they feel like it and if they can contribute to the debate.
If you wish to pay me a retainer I will answer your questions on demand.
Until then, show some manners......
beeb
PS don't bother replying to me as you are now on "ignore"....
- #7,972
- Jul 13, 2011 11:54am Jul 13, 2011 11:54am
- Joined Aug 2010 | Status: Trader | 1,832 Posts
QE3 is not sure ( probably not soon) , commodities will decrease 
- #7,974
- Jul 13, 2011 3:20pm Jul 13, 2011 3:20pm
Yesterday I posted in the other non active post about a possible setup for gold. The double top got violated a bit now, but thats not that bad:
Jul 11: I think I am going to speculate on a double top and a batman (bearish gartley) on gold. 1570 should be a nice sell entry.
Jul 12: Could wait some more, or enter with s/l @ 1600
I'll await confirmation. Enough downside left :-)
Compare batman on daily on EU in 2008
Jul 11: I think I am going to speculate on a double top and a batman (bearish gartley) on gold. 1570 should be a nice sell entry.
Jul 12: Could wait some more, or enter with s/l @ 1600
I'll await confirmation. Enough downside left :-) Compare batman on daily on EU in 2008
- #7,975
- Edited 3:41pm Jul 13, 2011 3:22pm | Edited 3:41pm
- | Commercial User | Joined Oct 2010 | 1,778 Posts
Yesterday I posted in the other non active post about a possible setup for gold. The double top got violated a bit now, but thats not that bad:
Jul 11: I think I am going to speculate on a double top and a batman (bearish gartley) on gold. 1570 should be a nice sell entry.
Jul 12: Could wait some more, or enter with s/l @ 1600
Attachment
Compare batman on daily on EU in 2008
Attachment
turn the gold chart upside down. would you buy it?
beeb
edit - seriously, if you have any technical/fundamental reasons why gold should go to 1430 or whatever level you are suggesting, I would be interested to hear them
edit again - your quote about "The double top got violated a bit now, but thats not that bad" is strange as a violated double top could be viewed as a higher high......
edit again 2- if you are going to short against technical/chart strength and against fundamentals solely on the basis of a possibly similar, untested pattern from another vehicle from a few years ago, then there's a nice man in Nigeria who needs help moving money from one account to another........
- #7,976
- Jul 13, 2011 4:14pm Jul 13, 2011 4:14pm
turn the gold chart upside down. would you buy it?
beeb
edit - seriously, if you have any technical/fundamental reasons why gold should go to 1430 or whatever level you are suggesting, I would be interested to hear them
edit again - your quote about "The double top got violated a bit now, but thats not that bad" is strange as a violated double top could be viewed as a higher high......
edit again 2- if you are going to short against technical/chart strength and against fundamentals solely on the basis of a possibly similar, untested pattern...
It is just that these formation happen quite often and I would like to see if it is going to work for gold too.
Of course when you look on a larger TF, it is clearly a bull still, and I have no plans on shorting it as indeed it made a HH. I could still short it after confirmation.
- #7,977
- Jul 13, 2011 4:25pm Jul 13, 2011 4:25pm
Yesterday I posted in the other non active post about a possible setup for gold. The double top got violated a bit now, but thats not that bad:
Jul 11: I think I am going to speculate on a double top and a batman (bearish gartley) on gold. 1570 should be a nice sell entry.
Jul 12: Could wait some more, or enter with s/l @ 1600
Attachment
Compare batman on daily on EU in 2008
Attachment
nice batman
so, you think it will see a correction before it breaks 1600?
The Black Swan: The Impact of the Highly Improbable
- #7,978
- Jul 13, 2011 4:33pm Jul 13, 2011 4:33pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #7,979
- Jul 13, 2011 4:37pm Jul 13, 2011 4:37pm
nice batman
so, you think it will see a correction before it breaks 1600?
I'm not playing this and top picking is a bad habit, so only play it after good confirmation.
- #7,980
- Jul 13, 2011 4:39pm Jul 13, 2011 4:39pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
For there to be a double top - there would have had to have been resistance at the second matching high that threw the price into a sideways to down motion.
Instead it got plowed through.
For the 10000th TIME - YOU WILL MAKE MORE MONEY BUYING GOLD IN A STRONG UP TRENDING MARKET THAN YOU WILL TRYING TO PICK TOPS AND SCALP.
I don't care anymore, I have devoted almost all my posts and hours to this thread since we were at 1050 YES 1050
NOW 500 USD later and we are still arguing about this big correction???
Don't you guys get it by now? THE WORLD IS IN FINANCIAL TURMOIL / RUIN / Filled with LIES AND DEBT with NO JOBS.
Except for the Swiss....
Instead it got plowed through.
For the 10000th TIME - YOU WILL MAKE MORE MONEY BUYING GOLD IN A STRONG UP TRENDING MARKET THAN YOU WILL TRYING TO PICK TOPS AND SCALP.
I don't care anymore, I have devoted almost all my posts and hours to this thread since we were at 1050 YES 1050
NOW 500 USD later and we are still arguing about this big correction???
Don't you guys get it by now? THE WORLD IS IN FINANCIAL TURMOIL / RUIN / Filled with LIES AND DEBT with NO JOBS.
Except for the Swiss....
I'm not going to, yet. I just want to have the sketch posted so I point to it later when I'm right
It is just that these formation happen quite often and I would like to see if it is going to work for gold too.
Of course when you look on a larger TF, it is clearly a bull still, and I have no plans on shorting it as indeed it made a HH. I could still short it after confirmation.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News