Gold review

[jason]

It seems that the markets are saying that the old scenario of gold moving opposite to the dollar, which dominated much of the last decade, has changed. Now the scenario is that all paper money is collapsing against gold. And for the past 4 months, the dollar’s rise against the euro has been accompanied by a nice gain in gold.

The long term trend is so much easier to play than the short. Look at the trend in this gold bull market. Surely this trend has been our friend. All commodity markets, by the way, are not like this. Each has its own peculiarities, which must be learned by experience. But gold is a good chart commodity. It is produced all over the world, and it is purchased all over the world. Many people, each day, are buying it and selling it.

[Johnkitty]

Anybody here trades Gold and Silver? Need to contact for more information.

[shirley]

U.S. gold futures fell back below $1,200 an ounce on Thursday (July 08, 2010), nearing the previous session's six-week low as growing appetite for risk led some investors to sell the yellow metal, though volume was light.

Gold futures are expected to trade side-ways today. Gold is trading down on international bourses today on the back of risk appetite in the market supported investors to shift their money into riskier assets but firm euro could support the prices later in the session.

[robsam]

According to me gold is never gonna loose its reputation hence you are not going to be in loss anytime. Gold trading was always a better option for traders and it often gives high return values. You can see fluctuation while trading but never gonna loose.

[MDunleavy]

Gold' fall from 1266.5 resumes by taking out 1175.1 and reaches as slow as 1156.9 so far. Short term outlook will now remain bearish as long as 1203.9 resistance holds and we'd expect deeper decline to 1124.3 support next.

"P&F GOLD30 Box Size $6X3 or(1.49%) HI/LO
Data 1265.02 - 1157.88 ~ 2 Month ~ 62.92 Day
Database 2056 records 1161.33 (Last Close)
2010-05-26 16~00
2010-07-28 14~00 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"

1260.00|~6$||__________________x_+_____________|0. 4%|8.82%
1254.00|~12$|__________x_o_x_o___o_+___________|0. 87%|8.3%
1248.00|~18$|______x___x_o_x_____o___+_________|1. 35%|7.78%
1242.00|~24$|______x_o_x_o_x_____o_____+_______|1. 82%|7.27%
1236.00|~3O$|______x_o_x_o_x___+_o_______+_____|2. 29%|6.75%
1230.00|~36$|______x_o_x_o___+___o_________+___|2. 77%|6.23%
1224.00|~42$|__x___x_o_x___+_____o___________+_|3. 24%|5.71%
1218.00|~48$|o_x_o_x_o___+_______o_____________|3. 72%|5.19%
1212.00|~54$|o_x_o_x___+_________o_____x_______|4. 19%|4.67%
1206.00|~6O$|o___o_x_+___________o_x___x_o_____|4. 67%|4.16%
1200.00|~66$|____o_+_____________o_x_o_x_o_x___|5. 14%|3.64%
1194.00|~72$|____+_______________o_x_o_x_o_x_o_|5. 61%|3.12%
1188.00|~78$|____________________o___o___o_x_o_|6. 09%|2.6%
1182.00|~84$|____________________________o_x_o_|6. 56%|2.08%
1176.00|~9O$|____________________________o_+_o_|7. 04%|1.56%
1170.00|~96$|____________________________+___o_|7. 51%|1.05%
1164.0|~1O2$|________________________________oV|7. 99%|0.53%
1158.0|~1O8$|________________________________oV|8. 46%|0.01%
1152.0|~114$|________________________________+V|8. 93%|-0.51%
Column|||||||3_3_4_8_5_6_5_4_1_1_1_3_3_4_6_4_7V|
Count||||||||____________________2____________V|


BJF Trading Group. Excel Chart. Full size.

[profit]

Continue strong gold demand is the main reason for increasing gold prices. i think gold prices will go more high in future and never come back.

[MDunleavy]

I predict bearish trend...
Trade Idea: GOLD - Sell (Stop Limit) at 1356; Target: 1296 ; Stop: 1368.
See the details on the charts.

"P&F GOLD10080 Box Size40X2 or(9.76%) HI/LO
Data 1387.03 - 251.7 ~ 233.81 Month ~ 6874 Day
Database 989 records 1358.95 (Last Close)
1991-12-29 00~00
2010-10-24 00~00 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"

1400.00|~4O|______________________________________ ____+_|456.22%
1360.00|~8O|______________________________________ ____x_|440.33%
1320.0|~120|______________________________________ ____x_|424.43%
1280.0|~160|______________________________________ +___x_|408.54%
1240.0|~2O0|______________________________________ x_+_x_|392.65%
1200.0|~240|______________________________x_______ x_o_x_|376.76%
1160.0|~280|______________________________x_o_x___ x_o___|360.87%
1120.0|~320|______________________________x_o_x_o_ x_____|344.97%
1080.0|~360|______________________________x_o___o_ ______|329.08%
1040.0|~4O0|______________________________x_______ ______|313.19%
1000.0|~440|______________x___________x___x_______ ____+_|297.30%
960.00|~480|______________x_o_x_______x_o_x_______ __+___|281.41%
920.00|~520|______________x_o_x_o_x___x_o_x_______ +_____|265.51%
880.00|~560|______________x_o___o_x_o_x_o_______+_ ______|249.62%
840.00|~6O0|______________x_____o_x_o_x_______+___ ______|233.73%
800.00|~640|______________x_____o_x_o_x_____+_____ ______|217.84%
760.00|~680|______________x_____o___o_x___+_______ ______|201.95%
720.00|~720|______x_______x_________o___+_________ ______|186.05%
680.00|~760|______x_o_____x___________+___________ ______|170.16%
640.00|~8O0|______x_o_x___x_________+_____________ ______|154.27%
600.00|~840|______x_o_x_o_x_______+_______________ ______|138.38%
560.00|~880|______x_o___o_______+_________________ ______|122.49%
520.00|~920|______x___________+___________________ ______|106.60%
480.00|~960|______x_________+_____________________ ______||90.70%
440.0|~1O00|______x_______+_______________________ ______||74.81%
400.0|~1O40|__x___x_____+_________________________ ______||58.92%
360.0|~1O80|__x_o_x___+___________________________ ______||43.03%
320.0|~1120|____o_x_+_____________________________ ______||27.14%
280.0|~1160|____o_+_______________________________ ______||11.24%
240.0|~1200|____+_________________________________ ______||-4.65%
Column|~||||O_2_3_1_4_2_2_1_3_2_5_4_5_7_3_8_3_2_2_ 4_2_5_|
Count|~|||||______1_______1_______________________ ______|


BJF Trading Group. Excel Chart. Full size attached.

[winnie84]

I love to join gold commodity market. these day, gold prices is rising with high speed.

[marrabel]

Originally Posted by winnie84

I love to join gold commodity market. these day, gold prices is rising with high speed.

It seems to me that gold will always have the high price. This is very profitable to trade here.

[metalsguru]

Precious metals bouncing off of support levels the past few days as Gold moved higher from the support of $1,365 to trade $1,383 this morning.