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harvest3r replied Apr 28, 2011Exactly. Right! Very nice. Now a question: what is your reaction when you see the current situation? Silver is building some support around $48, close to the upper quartile. Would you go long? Would you trade this at all? If not, what would be your ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 28, 2011
I'm not trading silver but I have a fork for it
I drew it on H1. It touched the lower line at the B1-B4 points, the median line at the A1-A2 points and tried to find some support/resistance around the C1-C5 points at the lower quartile. Now it's ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
sometimes I take "Lex Luthor" as username. It has to be some kind of intuition some comments on CNBC were so funny... people were saying that nobody believes Bernanke anyway and therefore they just went on with their business
I would like to know ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
Not until QE2 is totally over. When the FED says "commodity prices raise is temporary", they are trying to say that the inflation came out of nothing and will disappear by itself. They don't accept the fact that QE2 created a strong speculation wave ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
yeah, I'm watching CNBC too... The main German TV news just informed that the inflation rate in April was 2.4% yoy, the highest since 2008 and above the magical level of 2% - meaning that it is technically not "under control" anymore and could ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
before beeb comes here to give you a slap
, let me say: you missed a good entry point around 1500. You were waiting for 1480, right? Anything is possible, but now the uptrend is resuming... unless Bernanke commits another terrorist attack in the ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
Absolutely. I read somewhere that the big banks can "manipulate" the market for some time, but in the long term they realign their strategies in order to respect the underlying fundamental trend. Probably nobody can resist the fundamentals, not even ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
well, it's better than carbon... :nerd: so it seems that we have it, folks. FED's outlook basically didn't change. Business as usual for the next 30 days, right? QE2 is dead. Long live QE3.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
You got it
I learned English during my stay at the District 9 
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
url oil was hit, too... interesting...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
Right. And this makes everything very, very relative. Some people affirm that silver is too expensive now, others affirm that silver was too cheap before
That's one reason... but I think that the trading volume assigned to such people is low in ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 27, 2011
it's getting really funny url
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 26, 2011
Maybe nothing will happen... maybe a new long term trend could kick off. Stay alert but don't expect too much. It was Bernanke and his QE2 who created the current uptrend in the stock markets and commodities. You can see it very clearly in Silver - ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 26, 2011
if you are insecure, the best thing to do is to skip the trade. no profits, but also no losses... se segura, malandro
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 26, 2011
I agree with you. Just for the sake of the viewers (31 at the moment)
I would like to complement: if a newbie insists to listen to those posts, it's their own fault. Big money losses can be a very good learning process, too 
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 26, 2011
@sixgun: another for you Silver just falls to the levels from last Wednesday and people already jump into the thread calling it the "Judgement Day"... I learned from the last months about silver: 2% range in a day is BORING, ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 26, 2011
@Fmfx, I think Pratik's level is more realistic than 1450. We have a strong uptrend in the last 3 months. If you see the fork below, a drop to the lower dotted line would bring us to ~1465 and that's would be a considerable drop. It would take a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 25, 2011
well, it just fell to 1505
ops, 1503 I was reading about Volume Spread Analysis yesterday. Interesting. It says that uptrends on low volume show weakness. That's exactly what happened. All-time highs after 3 days without trades? During a bank ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
- harvest3r replied Apr 25, 2011
We just came back from a long weekend. It's still holiday in some countries today. I'm quite sure that the trading volume is quite thin, so it's difficult (and even dangerous) to take any conclusion based on the current situation. Does anyone have ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread