another song came into my head.... video maybe?

Gold

yup yup bears lost it.

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no spare feelings for that guy. sorry.

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if I was sure they are, then they won't. hope that helps!

Gold

hopeless bears can't organise a profit taking on a friday.... is.. "the only way is up babyyy"? video i don't know just that song came into my head as posted. edit - silver has already moved higher

Gold

not clear who is in control here so closed my short. i'll wait for the news in an hour.

Gold

not saying one should long it here but looking at latest price action you could be forgiven if you thought those highs are more likely then say 2240. for price projection 1.6 fib is the target most found.

Gold

initially i'm looking for 2382 ish then 2364. 2364 would release trapped bears imo. longer term - me thinks 2520 2872 ish as longer term targets.

Gold

oh and yes i'm short. as a day trade.

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in the past CB buying of gold has had little impact on price. russia has been buying for years. maybe its different this time.

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url something to chew on.

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they tried to take it down but failed.

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yellen in china - media says she is there to get china to stop supporting russia. reality is she was there to cap in hand begging china to buy more debt. i'm sure china told her to "do one". hence why the metals are mad at the moment. the dollar is ...

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add to my short at 2393... that's my limit stops over highs

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short here - 2385 ish

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confirming today's move - nothing like hindsight

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measured moves and all that... doesn't mean the top is in but, OF COURSE, I think it is.

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should have reversed long - not rocket science they were going to hit the stops. now my opinion hasn't changed so let's see what asian session brings.

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i reckon silver is taking a pause here on dollar strength and copper weakness. i'm short.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

out again - they're going to break the highs....

Gold