Jump to content



Photo

USD/Gold


  • Please log in to reply
5 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 19,899 posts

Posted 08 March 2010 - 09:15 PM

Ready for another leg up:

http://stockcharts.com/h-sc/ui?s=$USD...id=p17355808876

http://stockcharts.com/h-sc/ui?s=$USD...id=p83615193019

Edited by redfoliage2, 08 March 2010 - 09:20 PM.


#2 goldswinger

goldswinger

    Member

  • Traders-Talk User
  • 2,612 posts

Posted 08 March 2010 - 11:52 PM

Ready for another leg up:

http://stockcharts.com/h-sc/ui?s=$USD...id=p17355808876

http://stockcharts.com/h-sc/ui?s=$USD...id=p83615193019



Agreed and it should count as 3 of C or 3 of 3.

http://quotes.ino.co...s=NYBOT_DX&v=d6

Either way 85 should be a minimum target, likely higher.....

GS.

#3 goldswinger

goldswinger

    Member

  • Traders-Talk User
  • 2,612 posts

Posted 09 March 2010 - 12:09 AM

$XAU targeting 120 by the way.

http://stockcharts.com/h-sc/ui?s=$XAU...amp;a=183304255

Lots of third waves on deck: SPY, OIL, $HUI, $XAU down, $dollar and $natgas up.......

GS.

#4 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 19,899 posts

Posted 09 March 2010 - 07:12 AM

$XAU targeting 120 by the way.

http://stockcharts.com/h-sc/ui?s=$XAU...amp;a=183304255

Lots of third waves on deck: SPY, OIL, $HUI, $XAU down, $dollar and $natgas up.......

GS.

China just said it's not interested in building up gold, but will be committed to US bonds:
http://www.reuters.c...E6280K720100309

Edited by redfoliage2, 09 March 2010 - 07:14 AM.


#5 cgnx

cgnx

    Member

  • Traders-Talk User
  • 2,103 posts

Posted 09 March 2010 - 08:00 AM

thats called talking your book. Everybody does it. Most bullish thing I've heard coming from China about gold in a while. Why mention it? Do you go around telling folks what your not going to buy? Kinda tipping ones hand.




$XAU targeting 120 by the way.

http://stockcharts.com/h-sc/ui?s=$XAU...amp;a=183304255

Lots of third waves on deck: SPY, OIL, $HUI, $XAU down, $dollar and $natgas up.......

GS.

China just said it's not interested in building up gold, but will be committed to US bonds:
http://www.reuters.c...E6280K720100309


If it can be cornered, it will.

#6 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 19,899 posts

Posted 10 March 2010 - 08:56 AM

thats called talking your book. Everybody does it. Most bullish thing I've heard coming from China about gold in a while. Why mention it? Do you go around telling folks what your not going to buy? Kinda tipping ones hand.




$XAU targeting 120 by the way.

http://stockcharts.com/h-sc/ui?s=$XAU...amp;a=183304255

Lots of third waves on deck: SPY, OIL, $HUI, $XAU down, $dollar and $natgas up.......

GS.

China just said it's not interested in building up gold, but will be committed to US bonds:
http://www.reuters.c...E6280K720100309


Those guys are not traders and I think they meant what they said. One of the reasons china has not buying gold is that they have decent gold mines there and domestic gold production keeps increasing in the recent years.