njpurser Posted January 26, 2011 Report Share Posted January 26, 2011 OPTIONS EXPIRY AND OFF WE GO AGAIN.THIS IS SO BLEEDING OBVIOUS........................... THE CONmex SUPRISING ABSOLUTELY NO ONE.!!!!!!!!!!!!!!!! Just embarrassing isn't it. Link to comment Share on other sites More sharing options...
carbon junkie Posted January 27, 2011 Report Share Posted January 27, 2011 Boing its that time of the day. NIce to see a re-test - will it hold? Still got the 1260 ish previous resistance in mind. Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 27, 2011 Author Report Share Posted January 27, 2011 Cheaper gold for my SIPP!? Link to comment Share on other sites More sharing options...
aliveandkicking Posted January 27, 2011 Report Share Posted January 27, 2011 Is there any major support for over a hundred dollars once this support fails? Link to comment Share on other sites More sharing options...
DoctorSolar Posted January 27, 2011 Report Share Posted January 27, 2011 Double post... Great Howestreet.com interview with Ross Clark and some great charts if you are into that sort of thing: 2011 Positive for Precious Metals http://howestreet.com/2011/01/2011-positive-precious-metals/ $2155 MINIMUM upside target for gold within 6 to 18 months! Link to comment Share on other sites More sharing options...
carbon junkie Posted January 27, 2011 Report Share Posted January 27, 2011 Is there any major support for over a hundred dollars once this support fails? Yes. Link to comment Share on other sites More sharing options...
warpig Posted January 27, 2011 Report Share Posted January 27, 2011 This is just a game of bluff, the problem is the FED's cards are there for all to see. Link to comment Share on other sites More sharing options...
aliveandkicking Posted January 27, 2011 Report Share Posted January 27, 2011 This is just a game of bluff, the problem is the FED's cards are there for all to see. I admit i have had my eye on your bottom and it has been pretty impressive so far. It might be gone by the morning however. As for the Feds cards interest rates rises are not so very far away. Link to comment Share on other sites More sharing options...
DoctorSolar Posted January 27, 2011 Report Share Posted January 27, 2011 With gold back at £834 I think it could be time to start buying again. I'm thinking a pyramid of buys of increasing size every £10 down from here. Anything below £800 seems a gift. Well I got my 824 buy order filled after all Link to comment Share on other sites More sharing options...
huntergatherer Posted January 27, 2011 Report Share Posted January 27, 2011 I admit i have had my eye on your bottom and it has been pretty impressive so far. It might be gone by the morning however. As for the Feds cards interest rates rises are not so very far away. Link to comment Share on other sites More sharing options...
warpig Posted January 27, 2011 Report Share Posted January 27, 2011 If you like my SILVER bottom you should see my crystal balls. I've shown you a chart which shows gold goes up when IR's rise, heading towards positive real interest rates, but you failed to reply. I admit i have had my eye on your bottom and it has been pretty impressive so far. It might be gone by the morning however. As for the Feds cards interest rates rises are not so very far away. Link to comment Share on other sites More sharing options...
carbon junkie Posted January 27, 2011 Report Share Posted January 27, 2011 If you like my SILVER bottom you should see my crystal balls. I've shown you a chart which shows gold goes up when IR's rise, heading towards positive real interest rates, but you failed to reply. Cheers, you saved me from myth busting it appears you have already tried your best. . Link to comment Share on other sites More sharing options...
jsr Posted January 27, 2011 Report Share Posted January 27, 2011 Only a couple of dollars away from the 144d ma ! Link to comment Share on other sites More sharing options...
aliveandkicking Posted January 27, 2011 Report Share Posted January 27, 2011 If you like my SILVER bottom you should see my crystal balls. I've shown you a chart which shows gold goes up when IR's rise, heading towards positive real interest rates, but you failed to reply. What i am saying is that gold will not keep going up at the rate it is going up if the Feds demonstrate they are going to pay some attention to inflation - Long term gold is always going to be going up since devaluation of our money is built into the system over time Link to comment Share on other sites More sharing options...
DoctorSolar Posted January 27, 2011 Report Share Posted January 27, 2011 Getting close to the bottom now... Now, while not putting myself out of business by getting too detailed, the dynamics are in place whereby it is appropriate to become more bullish the lower the metal goes..... Look at the cliff jump gold is taking as I write. It's beautiful. But it's not yet to target. http://biiwii.blogspot.com/2011/01/gold_27.html Link to comment Share on other sites More sharing options...
jsr Posted January 27, 2011 Report Share Posted January 27, 2011 I took a small nibble at the close. If we get a hammer bottom tomorrow, I'll be satisfied it's THE bottom! Link to comment Share on other sites More sharing options...
Perishabull Posted January 27, 2011 Report Share Posted January 27, 2011 I've been selling put spreads on GDX, I reckon $1300 area makes sense for an interim low. And has anyone noticed that this is page number 1300 of the gold thread. Is this a subtle message from the GEI forum itself? Link to comment Share on other sites More sharing options...
electroweak Posted January 27, 2011 Report Share Posted January 27, 2011 I've been selling put spreads on GDX, I reckon $1300 area makes sense for an interim low. And has anyone noticed that this is page number 1300 of the gold thread. Is this a subtle message from the GEI forum itself? Quick everyone, post another 2-300 pages. Link to comment Share on other sites More sharing options...
warpig Posted January 27, 2011 Report Share Posted January 27, 2011 I've shown you a chart that refutes your claim and you've chosen to ignore it for a second time... What i am saying is that gold will not keep going up at the rate it is going up if the Feds demonstrate they are going to pay some attention to inflation Link to comment Share on other sites More sharing options...
DoctorSolar Posted January 27, 2011 Report Share Posted January 27, 2011 I've been selling put spreads on GDX, I reckon $1300 area makes sense for an interim low. And has anyone noticed that this is page number 1300 of the gold thread. Is this a subtle message from the GEI forum itself? Yes Link to comment Share on other sites More sharing options...
surfdude Posted January 28, 2011 Report Share Posted January 28, 2011 Gold at 1307 in HK trading. Is a pause in play as January may close at 4 month lows? Armstrong warns os a monthly close below 1372 will warn of a retest of 1235 with major support at 1150. Perhaps the temporary high has already been reached and the correction is now in the works. But how long will it last - personally I think it will be a short correction and the uptrend could resume before March. Link to comment Share on other sites More sharing options...
jsr Posted January 28, 2011 Report Share Posted January 28, 2011 Yes SPX pierced 1300 today too! Link to comment Share on other sites More sharing options...
aliveandkicking Posted January 28, 2011 Report Share Posted January 28, 2011 I've shown you a chart that refutes your claim and you've chosen to ignore it for a second time... How about you allow me to see this chart a second time before you begin making claims like that. Link to comment Share on other sites More sharing options...
The Mad Hatter Posted January 28, 2011 Report Share Posted January 28, 2011 Did no one notice this little titbit in the MSM? Alex the fly city boy trader is using his bonus paid in bank shares as collateral for a loan from the same bank to buy gold... Link to comment Share on other sites More sharing options...
POTATOES Posted January 28, 2011 Report Share Posted January 28, 2011 The technical's look slightly better this morning (if you're in to that sort of thing) gold chart 10:00 am GMT Could be a nice little pop up from here. Link to comment Share on other sites More sharing options...
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