It was nov 2011 that gold started its decline... and sat on 1600 level for a while... And then in 2012 goldman said that price will go to $1800 and it never did...hehe! So Goldman doesn't know...and yet each year they outperform everyone else! ...

Only Gold!

Well first off gold rallied to $1921 in its bull run... Secondly I find it ironic you mentioned goldman sachs...do you know back in 2010 they were predicting the gold price of 2011 to hit $1350 only and then fall to 1100 and yet it rallied to its ...

Only Gold!

Here is a chart of gold and spx!

Only Gold!

I think this scalping system has potential! gonna observe and test it more!

Only Gold!

It is generally considered that they and by they I mean (Spx500, Dow & nasdaq primarily); are inversely correlated for the better part of the year... Just overlay a chart of gold with one or all of these equities and see for yourself! Cheers!

Only Gold!

LOL Theres too much on the weekly and daily to suggest that the price is gonna go up!

Only Gold!

The peach line is 20 ema on the 1hr? I think pa is done for the day...its probably gonna go sideways to slightly lower and then come back up....right now I am looking at this new 5 min scalping system...which seems pretty good! & it is indicating ...

Only Gold!

This article sounds like it was written 4 years ago! Inflation is not the problem...it is deflation! So far qe appears to have worked as they are already tightening and reducing Qe whilst the economy appears to be doing well... The problem is in the ...

Only Gold!

I'm not short...I'm sitting out. I had gotten in at 1307 hoping for a continuation to 1318 plus...but then i got out on 1312 on its retracement. Right now I have buy orders on 1312 and sell orders on 1298... So hopefully I will get triggered ...

Only Gold!

Have you gone long already...? If you haven't I suggest not too as volume and volatility has died out and in asia session market can retrace a little too.. Today I bought at 1307 and sold at 1312 (on its retracement). I now have buy orders at 1312 ...

Only Gold!

so you're using the 10 ema on the 4 hr... Yes thts plausible on the 4 hr chart! On the 1 hr though there is good divergence plus it seems to be holding the 20 ma. As it is I just don't see the market closing below todays open! which is 1299-1302! ...

Only Gold!

Why 1303? Fib level is much lower?!

Only Gold!

Plus i am not a fan of paid indicators.. i like to get the strategy and then test myself! which is how it should be...

Only Gold!

Precisely its a whole different mind set... Hence whenever they talk or spek bout something.. these things should be taken into account! John paulson made his money by investing in gold...but he too is not a "day trader" so you are right..one must ...

Only Gold!

I have a very good swing trading system that has been giving me decent returns...but it is conservative and only works in trending markets! I've personally back-tested it with 5 yrs of gold data & it returns a meager sum 55% a year. But i am looking ...

Only Gold!

speaking of scalping the 1 hr charts and shorter time frames... I am curious what system you use.. I am not really a scalper and whenever i try i get it more wrong then right! hence I am very curious what your system is... the other day; I read ...

Only Gold!

well if there was confluence between your research and their research then that just leads to your arguement being validated and more right!

Only Gold!

Well its not their lack of knowledge of gold...You see Bufet has a broader perspective on things and he focuses more on equties than anything else; and he has 30 plus years of data to support that argument. (heck he is amongst the worlds richest ...

Only Gold!

Independent analysis is key but there is no harm in listening to others opinions and then forming your own bias also... infact this is embeded in human psychology whether one likes it or not...one gets influenced by others even if they intend to or ...

Only Gold!

Probability might be on his side then... (good timers can't be wrong all the time) url *i am not saying I believe him 100% - but I can understand the bias and likelihood of that happening*

Only Gold!