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| Discuss Gold looking lower? at the Metals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Now sitting on its weekly trend line,Gold in danger of breaking down into an ... |
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#2
10th May 2005, 03:14 PM
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Re: Gold looking lower?
Hello Saint,
Ur chart details are also read by me and the apttern look very bearish and more cash flow from FII are expected if this bearish trend in Gold persists. Thanks for ur lovely information, with regards, ursnks www.Nksagar.com 
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#5
11th May 2005, 08:02 PM
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Re: Gold looking lower?
Hi Beda,
After these many years trading the markets,find it easier to trade than posting a chart......keeps coming as filesize too big,etc.Sorry...but shall try to find a way to go about doing it. Saint
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#7
11th May 2005, 08:21 PM
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Re: Gold looking lower?
Beda,
Depends on timeframe......if you are playing for the longer time frame,now is still SITTING ON HANDS time,do nothing.Personally would wait for a confirmation downmove first b4 acting......in both Gold and Silver.
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#10
23rd May 2005, 12:31 AM
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Re: Gold looking lower?
gold will head lower in the near time and then up up and away..
if u want more % gains buy silver .. i will not be suprised if silver reaches $ 70 in 2009 - 10 .... be weary of shorting both .. both r extremely volatile... i believe the US $ is going down over long term hence gold will go up.. I will not short both.
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Re: Gold looking lower?
