All Majors and Gold

Quoting EricB

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I wanted to say something about Buffet's quote on Gold. Though I am a great admirer of him, and I can understand his perspective, I am inclined not to agree with his opinion of Gold. What he says about Gold can be said about any asset class. The question is of entropy that has gone into producing the asset that gives its fundamental value. Gold is rare, hard to mine, and finite until we get off the planet. The amount of work that goes into mining, and refining gold has a bottom limit of $1000. Now say if I have $100,000 and i wanted to buy something...

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Quoting EricB

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{quote} I wouldn't count on it too much. The resistance seen around 1.30 could be monetary supply related. Fundamentally it should be around 1.24-1.26 range but its not. Hence it could either go that and find its value or it could be propped up by ECB in which case that's a hopeless trade. I have been shorting EUR every opportunity, but when it stalls I am out.

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Quoting elisab

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{quote} According to the graph, the importance of area 1.2770 seems to be pretty obvious. Here the potential figure of the bearish head and shoulder would be completed and would lead to 1.20. {image}

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Quoting gnomoneey

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elisab and olu what about the other hs.....inverse....bigger.... -aqua for what I see for inverse hs -yellow is the hs olu and elisab is noticing -history will repeat then look at the blue dot on the screen {image}

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Quoting gnomoneey

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also take note of a couple of supports that needs to be broken for the yellow hs to complete.... two tl red 1995-03-01 brown 2008-7-13 {image} close up h4 {image}

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Quoting Olu

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{quote} Hi Elisab I agree with your outlook on the euro. Below is the entry I made on my thread {image}

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Quoting k3nshinz3139

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Shorting another 2 positions.. 1440 sl 1445 1435 no sl..

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Quoting k3nshinz3139

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{quote} 1435 TP at 1425 Last Friday 1440 still opening... morning added another 1 short at 1445

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Quoting namitak007

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Checkout Indian market guys. Today is a festival day and today buying Gold is considered as holy work. So we may see some north in Gold. Officials says, "The demand in India is at least 40% more over the past few days and there are not enough goods in the market. Overall, there will be at least a 30% surge in volume."

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Quoting razaali

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{quote} y u put tp of all trades at 1425, i think ,it will go to 1395 or more as it couldn,t hold above 1437

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Quoting k3nshinz3139

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{quote} I dae to take risk.. I have SL too.. but I read from the chart is it still bearish trend..

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Quoting salman14

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AUD/USD{image}

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