Tax evasion and smuggling...hmm... Is it because with the restrictions a few high ups can control the supply side of the market?? Yes the new govt does seem extremely business friendly; look at the rupeee and the nifty they have just taken off.. ( I ...

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Lets hope it closes above its last high atleast today... It has been to vulnerable at these areas... (but I do think there is a new spring to PA) just notice the daily volumes they have increased dramatically... if anything lets hope for more ...

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Oh What a beautiful morning! Come on now take off and close above the 50 sma... *it seems like the dollar index is going to have a bearish leg this next few days...*

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Hey CT Do you think there is a good possibility that the new indian govt can relax import restrictions on gold? or do you think that they going to leave it as it is...?

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precisely..(just to confirm- you mean down right?) but it is a key support level! well that should be in golds favor...

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Usd index hs broken through support...More downside is perhaps on its way (euro recovered but yen is struggling to find direction)... which means that gold could have seen its bottom for the day! *still have to be careful as 100 sma did not hold on ...

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There seems to be more bullish divergence on the 4 hr... Plus all the divergences from yesterday still have to be played out... Euro is retracing right now & yen is under pressure...todays housing numbers will give direction!

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Gold did not close above 100 sma...we must be careful now as pa could easily spike down and up from its recent lows... also the USD index did not close as a pinbar...so it becomes less obvious

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You see it is that assumption she leaked interest rate hikes that is causing all of this bearish bias... but at the time she said that was weakness in housing obvious or was it played down due bad weather...? Secondly we are assuming that she is ...

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Judging within only that context..direction is not Ofcourse other things have to be taken into consideration too...hence the confusion (but there is a slight bullish tilt right now)

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Price is below the 200 sma on the dxy...

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I did agree with you guys too 100% before Yellens last speech... Ever since then... and through her tone it has become apparent that interest rate hikes are not gonna come until 2016 or even 2017. There is a lot of problem in housing still and that ...

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I'll be the first to jump boats when we close below 1266 (plus if Ukraine issue isn't a global matter anymore...) but until then there is good support being built for the upside! Scalping within these ranges can be done.but going long above ...

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At this moment... The USD index look like its going to post a shooting star pinbar at the daily close. This comes after yesterdays hanging man and touching the 50 ema. This means that we are going to see a bearish leg in the days to come... This can ...

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not a bad idea..as long as you are not heavy long... The 4hr has posted something that close to a pinbar... so good chance of going higher and testing resistance... To play safe entry should have been above the high of the 4hr candle...

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Only thing besides ukraine issue is the stock indexes which have topped out and still continuing fall today...russell is also due for a 10% correction...But the thing with spx dow and nasdaq is that they can easily start rallying mid day or in the ...

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Anyone notice the volume bar on the 1hrly... It seems to have dwarfed all the other large dips; but still no pinbar? maybe 1290 has become a solid base support...Still to soon to say.

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thats rough... Please be careful before taking another position... we have more news on its way plus another dose of yellen later...

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I'm not an expert nor a fan of wave cycle analysis; but I'll share this for what its worth: This view is in line with the article: url I just wonder what will be the fundamental rationale which will drive the price like this...?

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More hidden divergence developing on the hourly chart...

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