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what we very well may see is a big reaction to small news. Or no reaction to big news. Often we are given all sorts of excuses as to why a big reaction occurs to small news or vice versa. The truth is, reaction to news is 50 % the news and 50% when the news occurs. If we are in...

We are looking for silver to bounce near these levels around 28 $ This would be a good place to go long. But if we have a failure, this will break a long term trend putting gold in a questionable situation. The strength of long term trends may be questioned more if silver breaks one...

a very interesting triangle forms on our gold chart. Currencies look interesting also

gold at 1665 So we said it would be good to short at 1680. I have not been keeping up with my journal as there does not seem to be all that much interest. A few days ago we broke out of a down trend. From here anything can happen but since we did'nt continue to move down a sell would...

So far we have had what seems to be a fake break down from our triangle. This was mainly driven by the news. From there today at 1680 we have touched our bullish channel but not yet entered in to it. Rarely we see price go through the triangle and stay between the new forming triangle ( if...

somethings brewing here

Some thing tells me tomorrow will be an interesting day ...

Twas a bad trade, alot of these recently. Main problem is over trading goal was to trade the big picture after confirmation but instead i have been taking a few trades a day instead of a month. Anyways, The drop below our trend line is looking more and more like a fake break down, we seem to...

Just went short @ 1645..02

As countries buy and hang on to their gold, why is it that India taxes gold so as to discourage its purchase. To top it off India buys oil from Iran with gold instead of the US dollar. This is good as we see people dropping the USD as the currency to do business in, but why would India give...

Stopped out ! bad call or to low of a stop ? we shall see. price seemed bullish ever since i put my short in. Under normal circumstances I would of either closed or reversed my position. But I stayed patient and it costed me. In general though I think I have slightly more winners...

Gold price has re-entered above our lower trend line. It is still hard to say if it was a fake break or not. I went short too late and had to take a lower then price then I had hoped for. My short was at 1639.5 Now I'm more used to catching 10-20 cent moves with really tight stops so this...

At around 3:50 am last night we saw a break of my triangle both lower lines were penetrated resulting in a 20 $ drop. Unfortunately I was asleep when this had happened. Otherwise I would of been short. Now these lines were broken on short term chart but they were drawn on a long term daily...

Trading on meta trader 4, here are my buys for today all with the same # of ounces. Profit and lose are based on a single ounce for ease. Buy 1 at 17:12 price 1652.97 profit -4.7 $ (no stop loss first trade) price then fell immidiatly and i begun buying again. buy 2 15:51...

Its pretty sad to not see a big rebound at these price levels. the long term gold buyers are confused as to where the trend is since the last spike it seems. There is no news about gold. Even if there is it tends to be anti gold. Golds trying to hold on but there's no news to hold on to...

We have seen that governments are buying real gold over paper gold. Lets have a look why and what their thought process may be. ETF and currency exchanges have been trading gold with ridiculous leverage. The government has imposed regulations on this not allowing Currency brokers to offer...

This market is so crap ! we need some good news anything will do at these levels good night

stoped out , loss 70 cents good place to reverse if price actions deems it. Silver broke out of a triangle formation upwards and screwed us I'm hitting the sac

stop lowered to 1661

not looking good may want to exist here while still up