Gold, up about 2% total flight to QE | Forex Factory

  • Gold, up about 2% total flight to QE

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sidhujag
Jun 1, 2012 5:13pm
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how many of u were long to catch that? i can gaurantee only a few if not noone here. They play it to get rid of all long retailers all week because they knew the news ahead of time. Funny market it is.
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oneightwenty
Jun 1, 2012 6:45am
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Quoting littlemole
what did u said?
Quoting oneightwenty
Either that, or they are waiting for the FED to do the printing. Just look at eur/usd, longs are pretty much squeezed, we're at 2010 lows yet s&p refuses to give in and fall. The bigheads are expecting another run of the good old QE and i can't blame them, central bankers doesn't seem to have a better idea.
I guess we'll see tomorrow. I'm expecting a bad NFP reading but can't (and won't) predict the market's reaction just yet.
From this post: http://www.forexfactory.com/news.php?do=news&id=365218#post5717374
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Tequillo
Jun 1, 2012 7:10am
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MKTs are going haywire dudes! everyone is wondering in a different direction! QE ? YES! NO! Maybe so! I'm glad I stayed out . I'm gonna Let the dust settle and wait till the end of the US session and see.
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Dr.Zain
Jun 1, 2012 7:58am
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Quoting oneightwenty
From this post: http://www.forexfactory.com/news.php...18#post5717374
You and jonahkt7 are Professors of Trading
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me-me
Jun 1, 2012 7:18am
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what a ride for gold today, too bad I wasn't trading it
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abahadun
Jun 1, 2012 6:38am
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trampolin effect, may not stay longer.. down euro..
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oneightwenty
Jun 1, 2012 6:40am
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Anyone remember what i said yesterday?
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Albertrader
Jun 1, 2012 6:44am
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whats happening with usd?
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SalmanDhedhi
Jun 1, 2012 6:37am
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I told ya guyz yesterday take it
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littlemole
Jun 1, 2012 6:42am
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what did u said?
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littlemole
Jun 1, 2012 6:50am
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this is only speculation for QE, US should confirm this after market close. If not, next week we will see 1.2000. QE makes inflation and the rates doesnt show that they can start another QE
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ryknowtrade
Jun 1, 2012 9:34am
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Kissing my physical. Selling the paper to you donkey's.
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TangibleAss
Jun 1, 2012 10:21am — Edited
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Gold has been undersold for so long now it just wants to spike up every now and then and thats what we saw today. It's just basing out ready for another brief up cycle in the current wave pattern. The top of the next wave will be higher than the last, perhaps the next wave after that is where we will see a serious move up. But honestly WTF do I know!

Down short term, up long term!
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mrfxlee
Jun 1, 2012 4:34pm
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I believe this is the beginning of uptrend. I will wait for the confirmation on Euro Breakout @12500

The Reason : Market is expecting QE for US$
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nitefly
Jun 1, 2012 6:50am
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Gold spike, silver spike, oil spike......
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ibotman
Jun 1, 2012 7:18am
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hedged
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williamlee
Jun 1, 2012 6:43am
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wt earth happening ?
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williamlee
Jun 1, 2012 6:47am
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nw come out qe3 mean?. wt a gamble is this show hand
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usmanhameed
Jun 1, 2012 7:35am
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salman bhai heads off to ur prediction..but the thing is i didn't get the gold today ...told ya about that f***ng guy ...
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madno2
Jun 1, 2012 8:50am
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So what do those people who were talking about NO INFLATION and Gold will not rise have to say now?
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Trader#F74A
Jun 1, 2012 9:39am
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Pivot: 1530.

Our preference: bullish above 1530 with 1690 & 1800 in sight.

Alternative scenario: A downside breakout of 1530 would open the way towards 1415.

Comment: an upward breakout of the channel would have bullish implications.

Trend: ST Bullish; MT Bullish, we have been bullish since 17 FEB 2010 (1114).

Key levels Comment

1913 Previous high
1800 Horizontal resistance
1690 Horizontal resistance
1548 Last
1530 Pivot point
1415 Horizontal support
1315 Horizontal support
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hss
Jun 1, 2012 12:14pm
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Quoting Dr.Zain
You and jonahkt7 are Professors of Trading
dr.zain are u haappy now. goldd is near ur long position
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Trader#4137
Jun 1, 2012 6:41am
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Temporary only.....i seen strong downtrend force is not unleash yet....
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Trader#1A3B
Jun 1, 2012 6:51am
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be careful, oil still going down.
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Trader#5E3A
Jun 1, 2012 6:56am
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gold is taking dollars strength. How much of it?? Retracement slowed as a result.
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Trader#B99D
Jun 1, 2012 6:58am
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this is a fake up, it will not last....
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Trader#4137
Jun 1, 2012 7:04am
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The new of BOJ going to interfere have resulted of investor in favor of gold........since us dollar is at peak now.....just waiting for few bad news before slump...
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Trader#1CEC
Jun 1, 2012 7:18am
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Me too this is madness...
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Trader#99AA
Jun 1, 2012 9:11am
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hey guyz,. i did buy the gold 1,5530 cuz my 8 indicator 4 ma 's to give me idea for it s a up trend begins that,. now my baby pipz are over 6200 hehe,.,., good luck guyz b careful and sorry my english
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