Yes there's just too much noise. Here is another one for you guys: I have just developed a program that works on sentiments and follows market exhaustion's - its based on data from other currencies. Just punched in the numbers and here is what its ...

All Majors and Gold

Silver is much more liquid market than gold and more sensitive.

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There has been market exhaustion even as we have drifted lower from 1410. Short term it "looks" bearish with slightly more sellers than buyers meaning prices may continue to drift lower. However if buyers step in this can cascade quickly as hedged ...

All Majors and Gold

I think I have understood the movement quite well now: 1) Customers deposit/buy physical gold with institutions 2) Institutions lease and leverage that gold to buy ETF's (not entirely legal but not illegal either as they are buying like for like and ...

All Majors and Gold

GLD quotes - I have drawn the GLD chart over XAU/USD. If you agree that would be the floor in Q2 then the prices should be 9% higher then where they are right now. This is being caused by short interest from non-reportables in my opinion who don't ...

All Majors and Gold

"Having established this close relationship between gold institutional holdings and price, one can try to assess the response of gold prices under various scenarios of institutional share holdings. If we assume that all reporting investors who sold ...

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I think it can go either way. Sentiment extreme. SL's use has to be advised.

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Its a very weak signal so I wouldn't take too large a position. I have watched charts all day but no clear direction as far as I am concerned. Overall slightly bearish i.e. slightly more sellers than buyers.

All Majors and Gold

Weak buy signal TP 1405 to 1410 SL 1365

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Hi Jason, Can you please clarify the above question. Eric

FXCM Discussion

Thanks for the update. The cost of production of gold is around $1000 as far as I knew? I was trying to watch cnbc but they were covering Obama's speech. Any videos?

All Majors and Gold

Despite move upwards, I still have not seen any confirmation of a Long signal, though a weak long signal emerged earlier this morning. If I see something I will inform everyone. For the time being there are slightly more sellers than buyers.

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Yes - there is a 13% drop from last year. Please see my earlier post. However that could potentially mean we can find support somewhere around here. The lower price action has driven gold out of ETF's as fund managers have to liquidate holdings at ...

All Majors and Gold

Hello Jason, Can you please tell me how you calculate the mark up that FXCM applies to rollover charges above the LIBOR rate and what is the maximum markup that can be applied on a given currency pair? It would give customers some clarity on what to ...

FXCM Discussion

Potentially (over next 2-3 years) but there is no precise indicator when - there seems to be evidence in the chart that says trend change is imminent. Some other news: First quarter gold demand of 963t was down 13% compared with Q1 2012 The value ...

All Majors and Gold

Another interesting chart

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I think what needs to be seen in this chart is the confluence and divergence of LS and Comms - we seem to be approaching an extreme which means an imminent price movement - since such a divergence has not existed in the last 3 years, I think it will ...

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Gno and friends - please see this chart and tell me what you see - I will share with you what I think after.

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No - I have the greatest respect for your opinions and analysis - you are a very good trader and pattern spotter!

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Hey Gno - Still learning everyday, so much to learn, and every mistake teaches me more but experience wise: Public Sector - EU RD Fund Management for 4 years Private Sector - Large Scale Financial Systems Development 3 years Venture Capital - 2.5 ...

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