33 replies to this topic

[dougie]

what will surprise is the dollar /gold decoupling

[dharma]

what will surprise is the dollar /gold decoupling

remember 06
dharma
gold is currency

[tradesurfer]

finished my buying today. back to 100% long in the trading account.
sept. is right around the corner
historically the worst month of the year
we have gs and jpm on one side and china/india on the other
w/the specs being long
dont know when, but this thing looks primed
dharma

I am with dharma on this one. It is time or very close to the time to be 200% long gold for the 100 to 150 dollar super spike up to launch us higher.

The us dollar got CRUSHED today. and if we break down below 77.50 , then i forsee a stampede and panic exit out of us dollar and super spike breakout in gold price.

i predict these events will take place during the next week upon the transition from august to september.

[senorBS]

finished my buying today. back to 100% long in the trading account.
sept. is right around the corner
historically the worst month of the year
we have gs and jpm on one side and china/india on the other
w/the specs being long
dont know when, but this thing looks primed
dharma

I am with dharma on this one. It is time or very close to the time to be 200% long gold for the 100 to 150 dollar super spike up to launch us higher.

The us dollar got CRUSHED today. and if we break down below 77.50 , then i forsee a stampede and panic exit out of us dollar and super spike breakout in gold price.

i predict these events will take place during the next week upon the transition from august to september.

I do not like the norte potential, be wary of a south of the border reversal today, Senor is out and observing.

BSing away

Senor

[dasein]

then i forsee a stampede and panic exit out of us dollar and super spike breakout in gold price. i predict these events will take place during the next week upon the transition from august to september. i dont know, wouldnt put all my chips on that.

[tradesurfer]

then i forsee a stampede and panic exit out of us dollar and super spike breakout in gold price.

i predict these events will take place during the next week upon the transition from august to september.


i dont know, wouldnt put all my chips on that.

Agreed. But if we keep the analysis simple I see the following.

Gold daily MACD has recently turned up again. Weekly and monthly macd are inches from turning up and on the change over next week to new week and new month those two should be near crossover points.

As long as gold daily macd continues up we will attack the top part of the triangle. Usually on the third try you get a successful breakout.

Volatility should make a dramatic shift soon.

The volume on the GLD a week ago was the lowest volume reading since Christmas 2008. I take that as a sign it was the final low and all final sellers done at that point.

[senorBS]

XAU now below yesterday's lows, could get muy malo muy rapido. BSing away Senor

[senorBS]

XAU muy importante 50-day MA test at 143.70, close below there and south of border to 128-130 it goes in Senor's opinion. PURE BS Senor

[dougie]

Epic fail equals EPIC headfake amigos: KABOOM!

[goldswinger]

Epic fail equals EPIC headfake amigos: KABOOM!

Could be an EPIC double head fake as Maradona used to do.

GS.