All Majors and Gold

As planned before, I will try to short from 1598-1602 if it doesn't break upwards / hold there

won't hold long positions, won't short earlier...

short XAG/USD
29.125
29.100
29.090
29.075
29.060

edit: what a fail =)

Hi guys. just wondering. Does anyone still think it will make another retracement to 1525? Thanks.

Unless there is a very bad news for Gold...

any idea whr the trend is heading, and when is he gona stop his speech

here's what i'm looking at with GU

here my view for ucad monthly
-watch for breakout of resistance or else we are headed lower to support again....

here's my view on au monthly

-white upward tl broken support
-looking for support at 0.987x

what are Goldman Sachs telling investors?

Leading global investment banking and securities firm Goldman Sachs cut its 2013 gold price forecast to $1,600 an ounce from $1,810 an ounce.

In a statement, Goldman Sachs cut its three-month gold-price forecast to $1,615 an ounce from $1,825, its six-month forecast to $1,600 an ounce from $1,805 and its 12-month forecast to $1,550 an ounce from $1,800.

The bank also cut its 2014 forecast to $1,450 an ounce from $1,750 an ounce. It said gold's recent price drop and an increase in U.S. real interest rates have led it to bring forward its projections for a decline in the metal.

Goldman Sachs said while the latest sell-off is "likely excessive," it has "exposed a quickly waning conviction in holding gold positions, especially ETFs.

If that projection proves accurate, it will mark the first year gold has recorded a lower average price year-on-year since 2001, when its record-breaking 12-year bull run began, the bank said.

Goldman predicted a turn in gold's bull cycle in December, saying a rise in real interest rates on the back of improved growth could offset any further balance sheet expansion from the Federal Reserve.



my view is that they will bring the price to 1625-168x this march
if it resist 1625 then that's enough for them to take it really low .....at least 1400....when?....at least end of 2013
range should be around 1450-1615....

let's see what they will do and how far down they would take it before changing forecasts.....

gold view....let's see where the weekly closes....currently looking bullish

opinions anyone?

asian potential view for gold

current 1616
for overnight potential retracement is at 1600 before continuing upward for 1625 resistance....

luis carlos view for gold


http://www.forexfactory.com/showthre...37#post6476237

watching if breaks & or close H1,H4 below 1602/00 for next action towards the low again . fontu

i agree ....

here's my view on gold for today


-break below magenta will brings us towards next support - white upward tl - 1578
-no break then we climb to next resistance 1625,1653, and 1673

w1

d1

h4

gold current 1605
potential retracemet to 1611

h1
following this channel

Nice job, EWC says it can get to 1650.

i agree but long term(3-9mths) is downward as per all noise being put out on the wires

Hie...I am a junior member of ff..I follow this thread and i am a new to commodity.
Can anybody please tell me if there are chances of XAU/USD to go to 1800s or 1900s this year?

let's see what this new white downward channel will do...is this what we will be following in next few days....

let's wait and see

PLEASE TELL ME WHAT YOU ARE THINKING WHERE GOLD WILL DO THIS WEEK