Comments on: Is There Potential Support for Gold at These Levels? http://blog.afraidtotrade.com/is-there-potential-support-for-gold-at-these-levels/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: NEM @ $53.73SL, 7H, Pos turning point? | Wall Street Stocks http://blog.afraidtotrade.com/is-there-potential-support-for-gold-at-these-levels/comment-page-1/#comment-216904 NEM @ $53.73SL, 7H, Pos turning point? | Wall Street Stocks Sun, 16 Oct 2011 07:31:47 +0000 http://blog.afraidtotrade.com/?p=2773#comment-216904 [...] = ''; }Potential Support Levels in CREEEUR/USD potential support levelIs There Potential Support for Gold at These Levels? var wpmlAjax = [...] [...] = ''; }Potential Support Levels in CREEEUR/USD potential support levelIs There Potential Support for Gold at These Levels? var wpmlAjax = [...]

]]> By: Richard http://blog.afraidtotrade.com/is-there-potential-support-for-gold-at-these-levels/comment-page-1/#comment-130505 Richard Mon, 18 Aug 2008 06:42:42 +0000 http://blog.afraidtotrade.com/?p=2773#comment-130505 In the linked article entitled 'Investment Strategies for 'Peak Dollar', I write that last week was a parabolic rise in the US Dollar and outside of the Russell 2000, the financial sector, the consumer discretionary, home building a few other consumer sectors, the stock market really wasn't benefited. And I wrote of many technical factors why the Dollar Rally is over. The USD/JPY tonight is turning down; and this is likely to cause EUR/JPY and the world markets to rise. With higher commodity currencies, gold is going to rise. I recommend that one go long SKF and DGP, And I recommend that one go short FXP, and EEV and XHB. I also recommend that one invest invest in gold at BullionVault.com and GoldMoney.com In the linked article entitled ‘Investment Strategies for ‘Peak Dollar’, I write that last week was a parabolic rise in the US Dollar and outside of the Russell 2000, the financial sector, the consumer discretionary, home building a few other consumer sectors, the stock market really wasn’t benefited. And I wrote of many technical factors why the Dollar Rally is over.

The USD/JPY tonight is turning down; and this is likely to cause EUR/JPY and the world markets to rise.

With higher commodity currencies, gold is going to rise.
I recommend that one go long SKF and DGP,
And I recommend that one go short FXP, and EEV and XHB.

I also recommend that one invest invest in gold at BullionVault.com and GoldMoney.com

]]> By: Current Price of Gold http://blog.afraidtotrade.com/is-there-potential-support-for-gold-at-these-levels/comment-page-1/#comment-130465 Current Price of Gold Mon, 18 Aug 2008 02:45:41 +0000 http://blog.afraidtotrade.com/?p=2773#comment-130465 Gold looks oversold right now but even if it jumps back up a bit I think the overall trend will be downward. Gold looks oversold right now but even if it jumps back up a bit I think the overall trend will be downward.

]]> By: JL http://blog.afraidtotrade.com/is-there-potential-support-for-gold-at-these-levels/comment-page-1/#comment-130219 JL Sun, 17 Aug 2008 02:43:13 +0000 http://blog.afraidtotrade.com/?p=2773#comment-130219 Gold definitely broke its trend. I expect some sort of bounce due to the extremely oversold levels. Wait for a retrace around the 850 level, and short (if it ever gets there). This is a classic "bump-and-run"/parabolic reversal. Gold definitely broke its trend. I expect some sort of bounce due to the extremely oversold levels. Wait for a retrace around the 850 level, and short (if it ever gets there). This is a classic “bump-and-run”/parabolic reversal.

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