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Gold

#1741 User is offline   cobran20 

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Posted 16 May 2012 - 02:22 AM

View Postsavagegoose, on 16 May 2012 - 12:46 AM, said:

i dont see that now



You may see it when it makes a spike low and all the weak hands give up and bail out.
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#1742 User is offline   savagegoose 

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Posted 16 May 2012 - 09:31 AM

nah the blow off was on massive volume on the way up, that suddenly ends. the volume drops so quickly the bottom drops out of the price. . this can still be a massive sell off, but its not a blow off top is all, it didnt spike higher on massive trade, than that volume quickly stop.
sure can still be down at $20 in a month. , who knows. if i knew what to do id be shorting it.
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#1743 User is offline   Bernard L. Madoff 

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Posted 16 May 2012 - 04:50 PM

View Postsavagegoose, on 16 May 2012 - 09:31 AM, said:

nah the blow off was on massive volume on the way up, that suddenly ends. the volume drops so quickly the bottom drops out of the price. . this can still be a massive sell off, but its not a blow off top is all, it didnt spike higher on massive trade, than that volume quickly stop.
sure can still be down at $20 in a month. , who knows. if i knew what to do id be shorting it.

Most FX providers have spot Gold and Silver trading. I shorted to $1550.

The blow off
http://www.marketora...ticle34679.html

and

http://www.marketora...ticle34629.html
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#1744 User is offline   cobran20 

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Posted 18 May 2012 - 07:50 AM

View Postcobran20, on 15 May 2012 - 07:42 AM, said:

Will it bounce off the trendline?

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#1745 User is offline   savagegoose 

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Posted 18 May 2012 - 12:44 PM

i didnt feel at all nervouse about my gold n silve,r as the AUD is still at $1, and it has 60-70 to fall to , to help improve the gold price around these parts.
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#1746 User is offline   Bernard L. Madoff 

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Posted 20 May 2012 - 07:24 AM

Go you good thing

http://www.zerohedge...urope-lead-gold

http://www.zerohedge...way-bottom-gold

Gold climbing WITH USD. The game is a foot.

Up almost 14% in AUD in one year compared with -14% in the ASX.
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#1747 User is offline   Mr Medved 

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Posted 20 May 2012 - 11:24 AM

View PostBernard L. Madoff, on 20 May 2012 - 07:24 AM, said:

Up almost 14% in AUD in one year compared with -14% in the ASX.

I've got 14% vs -9%... where do you get your ASX stats from?

AU:
http://www.kitco.com...ml?currency=AUD

ASX:
http://hfgapps.hubb....0&TimeFrame=D12
https://www.google.c...nt=ob&q=ASX:ASX


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#1748 User is offline   Bernard L. Madoff 

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Posted 21 May 2012 - 01:53 AM

View PostMr Medved, on 20 May 2012 - 11:24 AM, said:


Bloomberg app on my phone. Friday close ASX200 52 week -14.49%.

Your link was for ASX Ltd, the actual exchange stock.
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