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farukh replied Apr 7, 2014Gold Is Least Preferred Metal as Morgan Stanley Predicts Decline “As many of the factors that supported prices in the first quarter dissipate, we believe the gold price is set to resume a declining trend,” Crane wrote. Over six months, equities, ...
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farukh replied Apr 4, 2014on NFP usually USDJPY moves 100pips very quickly in 5 to 10 mins.. today first moved against news n i got some loss (dint follow CT's suggestion) n still not a very aggresive move on news. so feel like n also as Nitsan's call.. gold may come down ...
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farukh replied Mar 29, 2014The main trend is down on the daily chart, but gold may be stabilizing. Regaining then holding $1297.21 will be a sign of short-covering. This could trigger a rally into an uptrending angle at $1306.70. OR From the daily chart analysis, one can see ...
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farukh replied Mar 28, 2014where will it come down from? 1298 or 1300 or 1307? any idea?
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farukh replied Mar 27, 2014that is why you mentioned earlier about psychological issue that very hard to go in opposite direction once position taken
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farukh replied Mar 27, 2014yes very true! what should one do in this situation? any solution or remedy? for aliqazi.. i think you should close your trade here if your equity is in danger n wait for right time (rally) to go in trade
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farukh replied Mar 26, 2014if it fails to hold 1303 then 1298 (yesterday's low) then 1289... still selling pressure plz correct me if i m wrong
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farukh replied Mar 25, 2014A failure to overcome $1315.61 could encourage another round of selling pressure. This could trigger a move into the $1300.70 to $1297.47 area.
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farukh replied Mar 25, 2014so many forcasts and analysis were saying if it breaks 1319.. gold will enter downtrend and continue falling to 1280 may be. but i am observing now in this thread that it is getting ready to bounce back from here to 1420. Here almost all are ...
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farukh replied Mar 19, 2014Hi Nitsan.. is it current position like fulfilling your this previous comment? I feel like so..
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farukh replied Mar 18, 2014I have been trying to recover my losses and reviewing this forum for couple of weeks n starting recovery slowly. I am in trading and in starting i got big losses. Luckily I have found this forum otherwise i would have stopped trading forever. ...
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