All Majors and Gold

1664
not 1646 , typing error , sorry

Anybody at home?

WHERE IS G?????????

oh yeah! I forgot he told that he goes to be fornicating all day long....

I think in such way

Gold Daily chart

i am here....on my third lady....

seems like US good data don't affect on Gold.. Hopefully this is not a bulls trap

I am going to be very disappointed if we don't have Armageddon in 1hr 15min

Ооооо man, it would be cool!!!!!!!

i think gold on it's way now to 1700 ... anyone agree with me ???

I probably agree with you but I dont usually trade counter trend. This baby is screaming 'going down' on the daily , weekly and monthly timeframes...

eu

a close today below 1.3150 should keep eu dropping

any update on Gold Mr.G?

thanks in advance
illstack

I agree with you

Guys trell me why you think trend is changing?

Charts please

maybe bacause morgan stanley finished liquidating Paulson's fund.

From 19th December.

In key news that may well be the missing puzzle piece to explain some of the very odd market moves in the past week, we just learned courtesy of CNBC, that Morgan Stanley's Wealth platform unit has finally, after months and months of considerations, pulled the plug on the fund that for the second year in a row is one of the three worst performing in the weekly HSBC report and is now redeeming. That in itself is not unexpected. What however is notable is that MS withdrawing hundreds of millions in feeder capital may well explain why gold has seen such a dramatic dislocation in the past week. Recall that at Paulson & Co, gold is not simply an investment - the bulk of direct gold investments at the once legendary investor are in the form of (largely underperforming) gold mining stocks - but an actual investment class. In other words, instead of being denominated in USD, investors are actually denominated in (paper) gold, with a fixed conversion into GLD at inception. This means that upon liquidation of gold-denominated shares, any gold-denominated shares, he has no choice but to sell GLD, and by virtue of this being the most liquid paper instrument in the PM space, gold. Does the massive gold dislocation in the chart below now make more sense especially since Paulson was aware of MS' intentions days in advance and traded, or in this case liquidated, appropriately)?

Interesting....

Thanks for the post lexazver and welcome

Confession guys I made a buy $1649 gold last night from Luis recommendation of gold target $2000. This will be long term trade. Lets see what happens

I've made 7% profit on XAG yesterday scalping from the floor, but do not consider to hold any gold or silver position within weeks as I afraid next drop to 15** when USD start rising, no plan - no trade
Not sure just a call should be a reason to trade, may be you have another internal motivation?