All Majors and Gold

and how about gold ?
seems gold is going fall ?

I do not see anything to fall at this time.

and the reason ?

gold is hard to break above 98( open price dayli )

and I see a bullfight bulls in 1300 if he stay with their open orders waiting for more. all are going to be swallowed up by the bears that go here soon.

but for many tou I cheated.

yes it has one pivo1.388.9.
can come below the pivot so to burn a few more bears then up up

takytto| Aug 23, 2013

http://assets.forexfactory.net/nfs/c...r322782_13.gif
gold - 1410 next 1426 hello everyone, I do not want anyone follow what I say, so gold play in 1410 as G says, still goes to 1426. of 1426 he must return to low $ 144 per ounce 1282, then is the great way before the big drop brutal, he goes on $


not forget
remember

Hi G.

The 23.6 level based on the monthly of roughly 1467 for target then a potential rise to 1560 area based on the last leg down to make this leg up from 1180 then down again.

Potential targets.

wait.

mini sp500 1617 next 1613 up.

?

GOLD.... .

Quoting KADC
Live analysis with David Song of DailyFX (archive will be available in an hour or so) ...says gold is clearly bearish ...makes a lot of nonsensical statements to justify that statement then looks at an actual chart and says "but for the time being we have to look higher". He then points to the huge divergence in RSI and says to wait for an entry point higher when RSI breaks the trend line ...which could be weeks from now. So basically, eventually, some day, when gold is higher and daily RSI breaks the trend line, will be an opportunity to short...

im sell 1420.70 stop 1430 target 1290

y do u guys have to bet against the trend when u can clearly see the trend is bullish. downside potential is less than upside , as alot of buyers will be ready to buy on the dip .

Can you give your reasons ?
thanks

technical analysis call for long ...
no clear reason for short
!!

1 all the technical studies and charts call for long gold and silver
2 syria tension will force investors to sell stocks and they will find shelter in gold and silver .
3 bad housing and durable goods order shows sluggish growth in us and also will lead to bad gdp numbers
4 tapering will lead to bonds collapse and destroy housing recovery
5 fed will not need to taper because they feared inflation because of qe there is no inflation at all so ....
oh and bank of america meryll lynch is bullish on gold and so are the other banks especially societe general which has not stated any public info and is currently saying short gold but its inside information from one of my relative an investment banker, is that they are buying heavy quantities of gold and silver so some thing is coming .