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farukh replied May 22, 2014everyone has been hoping for bull.. infact symptoms are also showing the same but still bears are fighting against. yesterday FED minutes did not affect gold much. on the other hand dollar rises. again a signal of a very strong support down at 1280. ...
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farukh replied May 8, 2014rightly speculated. as this is the case and if we are considering the news then it is expected to move down. Ukraine Renews Dialogue Offer as Russia Holds Army Drills url rest the work Gartley patter may do..
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farukh replied May 8, 2014The daily chart indicates there is plenty of room to the downside if 1288.00 is taken out with conviction.. The first target is 1280.00
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farukh replied May 6, 2014u r right mate. i stopped following news and working quite well recently but after last NFP got so much confused. Right now can't figure out the behavior, bearish or bullish.
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farukh replied May 6, 2014continuously news of tension from Ukraine is coming but Gold is not behaving similar as it did last time on Crimea referendum.. any guess why ?
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farukh replied May 4, 2014may be not.. but there is huge buying due to marriages in these months so i guessed so, i may be wrong..
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farukh replied May 4, 2014untill no war.. still expected to move down as US economy growing and lesser demand in China this year. season may impact gold to move upside in June onwards due to increase in demand in India n Pakistan for religious n social events.
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farukh replied Apr 28, 2014thank u for ur comprehensive analysis. actually i have very low equity so right now i m testing my strategies in intraday trading. i m targeting more on small profits on daily basis. at the same time waiting for some rally so that i can enter n get ...
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farukh replied Apr 28, 2014yes u said right it was double bottom. first resistance to be broken at 1306.90 fibonacci retracement 61.8 then way up to break confirmation trend line at 132x.xx and if that too breaks then it will enter bullish trend to target 1400
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farukh replied Apr 26, 2014key area is between 1298.xx and 1303.xx. breaking any side will determine. my observation! any analysis on it?
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farukh replied Apr 23, 2014A break above the top of the yesterday's hammer would be reason to start buying then it could head to the $1330 level.
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farukh replied Apr 22, 2014The tone of the market today will be determined by how traders react to the downtrending angle at $1292.20. Taking out this angle with conviction could trigger an acceleration to the upside. A failure at this price could encourage a fresh round of ...
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farukh replied Apr 18, 2014exactly same retracement done as from 2/10/13 to 8/10/13 then went to 1251.30. circumstances showing for same bottom or atleast 1261.38 if it fails to hold price below 1298.39 and crosses 1307.xx
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farukh replied Apr 17, 2014If sellers regain control then look for a break to $1289.40. A bullish tone could develop early if traders can hold the market above $1301.40, but there shouldn’t be an acceleration to the upside until $1307.90 is taken out with conviction.
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farukh replied Apr 15, 2014may go as high as the $1350 level in the short-term if it keeps holding 1318.47 otherwise 1313.40 to more to 1304.10 before going up again
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farukh replied Apr 9, 2014then how will you continue this project? any alternative solution? or you are searching for.. i was really very much keen to learn your DCB concenpt.
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farukh replied Apr 9, 2014The candle at the end of the last day was slightly negative, may not continue going higher. Possibility that it pullback from here to 1301.40/1296.05/1289.40 before continue to go higher.
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