I took longs at 1360 with SL below 1350. Targeting above 1405.

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I am putting my stops below 1350 - I think it will struggle to get there. Still buying.

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I am committing to buying at 1365 and below from this point.

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Starting to go long around this level.

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I see this downside move tanking around 1350-1365. Then sideways for a bit and then up.

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32 hours ago: 1400 touched, looks like my new program may have been more right than even me!

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Just did a brief analysis on silver which is looking slightly weaker than gold. I am expecting some divergence to develop and silver to go lower than gold possibly below 20. If that happens, gold will follow behind but a correlating low in gold ...

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Fontu is a great guy but if you note carefully he is not making a call, just describing support and resistance levels and his general view on direction.

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Thank you guys, I really appreciate your kind words. Whatever I see I will relay back to you - I want everyone here to make money and outsmart the bigger guys. I have much to learn from you and everyone, eight years on and every day I learn ...

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I think everybody is over analysing - give yourself a break and relax a bit. The market was getting exhausted. Everyone was heavily short. Picture all of the traders getting on the same side of the boat. When it capsizes it capsizes very quickly - ...

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Just a short unwind. Manipulation isn't easy on upside.

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Not getting a clear picture. Technical analysis is saying too many obvious things which can be misleading. Technical analysis doesn't quite work in a market like this. Market exhaustion level 1330. Possible downside to 1360-1375. Otherwise we keep ...

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Not yet I don't think. Has to break 1430 and then 1450 consecutively. Before then there is a chance of a drift down.

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Definition of 'Market Exhaustion' Situation in which a majority of participants trading in the same asset are either long or short, leaving few investors to take the other side of the transaction when participants wish to close their positions. ...

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Market exhaustion = short position unwind (see earlier post). My market exhaustion software is adamant that if we don't hit 1330 it will gradually move higher to 1650 by October. I haven't back tested it or checked it thoroughly yet - its a new ...

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Thats what it looks like when someone unwinds a hedged position. Good calls GNO and Quickflip!!

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There is no way QE can be halted for another 3-4 years if not more. The only thing that is keeping the debt down and the country solvent is the excess liquidity and the massive buying of treasuries which is keeping rates low. It was meant to be a ...

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I have been hearing a lot about George Soros selling his GLD holdings before the crash but what bloomberg and the likes fail to tell is that he sold as few as 60,000 shares which is about 10 percent of what he holds. Here is his actual filing - you ...

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I am just surprised the number has come in as 1330 - I was expecting something in the 1200 or lower. Since its so close I had to post it as it will be proved wrong very quickly if it breaks.

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