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What’s reason behind gold’s poor performance?
Anggota Sejak Apr 25, 2012
285 pos
Anggota Sejak May 26, 2017
11 pos
Anggota Sejak May 09, 2017
33 pos
May 31, 2017 at 09:24
Anggota Sejak May 09, 2017
33 pos
Greece issue may have weighed over Treasury yields and AUD/JPY pair, but it hasn’t had any noticeable impact on the classic safe haven asset - Gold.
You can check it out here: https://uaefinancialmarket.blogspot.com/2017/05/gold-is-flat-lined.html
You can check it out here: https://uaefinancialmarket.blogspot.com/2017/05/gold-is-flat-lined.html
Anggota Sejak Apr 25, 2012
285 pos
Anggota Sejak Sep 12, 2015
1948 pos
Anggota Sejak Apr 25, 2012
285 pos
Anggota Sejak Sep 12, 2015
1948 pos
Anggota Sejak May 26, 2017
11 pos
Jun 01, 2017 at 06:28
Anggota Sejak May 26, 2017
11 pos
The reason gold hasn't broken the bear channel despite strong buying pressure is due to repeat and concerted high volume selling at the bear channel edge AND the US dollar holding value above the .786 monthly fib level due to support from The Fed. Should you sell gold? On what timeframe? Should you trade gold? Yes. It has high volumes of trade and price movement and trades a classic fib structure with definite channels.
The trend is your FRIEND
Anggota Sejak Sep 12, 2015
1948 pos
Anggota Sejak May 26, 2017
11 pos
Anggota Sejak Mar 28, 2017
12 pos
Jun 01, 2017 at 14:52
Anggota Sejak Mar 28, 2017
12 pos
I wouldn't say that Gold 'travels up and down using the monthly fib as structure' . Fib levels can sometimes work but using them alone is suicide. There are a lot things influencing the price of gold to say that price movement is determined by chart levels is misleading
Anggota Sejak May 26, 2017
11 pos
Anggota Sejak Sep 12, 2015
1948 pos
Anggota Sejak May 26, 2017
11 pos
Jun 04, 2017 at 07:00
Anggota Sejak May 26, 2017
11 pos
Thanks for schooling me as a full time trader. Again read the message. The price uses the fib as structure. That shouldn't be hard to understand. At any point I'm replying to the poster not you so please don't comment in detail to carry on a debate. Respect the poster
The trend is your FRIEND
Anggota Sejak Sep 12, 2015
1948 pos
Jun 04, 2017 at 13:32
Anggota Sejak Sep 12, 2015
1948 pos
rbforextrader posted:
Thanks for schooling me as a full time trader. Again read the message. The price uses the fib as structure. That shouldn't be hard to understand. At any point I'm replying to the poster not you so please don't comment in detail to carry on a debate. Respect the poster
No one is schooling you, we could use your in depth knowledge of trading Gold.
"They mistook leverage with genius".
forex_trader_29148
Anggota Sejak Feb 11, 2011
1916 pos
Jun 05, 2017 at 06:34
Anggota Sejak Feb 11, 2011
1916 pos
why the supposed experts dont put their money where their mouths are ?, why i so succesfull they have no real money accts to shpw?
sure that you gonna have a very cerebral answers to that simple question.....ready to take your money but not to invest theirs 😕
sure that you gonna have a very cerebral answers to that simple question.....ready to take your money but not to invest theirs 😕
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