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- Fmfx replied Aug 26, 2011
Don't. Wait for the weaken open. We might see a big gap down. There will be no QE and it seems more people are yet to lose money on gold buying euphoria. Wait until early next week.
XAU/USD Spot Gold
- Fmfx replied Aug 25, 2011
People beware: the next round of correction might be just around the corner (tomorrow). If you have lost some money recently due to this last euphoric move, give it more time. You can always make the money back. People on the other thread seem to be ...
XAU/USD Spot Gold
- Fmfx replied Aug 25, 2011
I know how most of you guys feel. The price WILL eventually go up just do not hold your breath for $2000 in a couple of weeks. We might see that price by the end of next year... But then again, maybe...
XAU/USD Spot Gold
- Fmfx replied Aug 25, 2011
Don't hold your breath. There will be no more QE. At least for now. US government drive up the gold price up to cash in some of it's resrve gold and they will substitute it later at $1600. I do not think it is a matter of $2000 now, we might be ...
XAU/USD Spot Gold
- Fmfx replied Aug 25, 2011
1703 lowest so far... $200+ fall in almost 48 hours and counting I bet experts in the other censored thread will call this a "small" and "healthy" correction
XAU/USD Spot GoldI wonder wgat would they call a "crash".
- Fmfx replied Aug 25, 2011
I think this focus on a specific number, here $2000, is another problem. It is just $100 higher than 1900 we just had a few days back. I think the issue is when will gold begin to rise again. Everybody knew about summer, Indian wedding buying ...
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
It is still intestine to see people rationalize the drop and ask "WHY"... This is the lesson: if everybody can buy gold today and sell tomorrow and make profit so who and when is going to lose? I know it is hard to think about these when you see ...
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
We might actually see a USD rally early next week after people are ensured there will be no new QEs. I think will be interesting months to come: some stocks and USD will rally while gold and oil remain rangebound.
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
See below for my opinion. If you step back for sec and lookmat the other thread, you could clearly see people have been acting euphoricallly with every move up in gold. That emotional reaction was the problem and one of the major causes behind ...
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
No but what we observed was not sustainable especially in this season and this economy. If the price falls back to 1600-1650 area we can expect to see 1850 by the end of this year. And that is NOT a fact. It MAY happen. It does not matter how much ...
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
Here is a quote from another thread: "It's a fact by now that GOLD is going directly to 2000". I think mentalities like this are what causing the people in the other lose their accounts, get shocked, ... I hope so-called experts leave the newbies ...
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
Yes but I feel sorry for people who took the advice of experts! Lol and bought at 1905! Now the experts do not even post in the other thread or just say "I was out all day. What happened? A correction? No big deal!!! I told ya!!!!"
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
Talks that US government has unloaded a big chunk of its gold reserve. They will NOT be buying until the final shake of the market and a drop into $1600 - 1650 I guess
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
1770 and counting... Now we should just wait for FORK people to show up and tell us with authority how "they have exactly predicted this!!!"
XAU/USD Spot Gold
- Fmfx replied Aug 24, 2011
Haha, gold is crashing and as usual the other censored GOLD thread is getting quiet. The idiots who push newbies and everyone else to BUY, BUY and BUY have now disappeared. I bet they will call this move from 1912 to 1795 (and count!) a "TINY" ...
XAU/USD Spot Gold
- Fmfx replied Aug 16, 2011
Good point. It is funny they have their very own "PROUDLY CENSORED" thread and still come here to direct people to that one by showing charts, etc. I think instead of making money, they are focusing on thread pages, chart numbers, "I told you so"s, ...
XAU/USD Spot Gold
- Fmfx replied Aug 16, 2011
Agreed 300% It's been like that for a while. The other forum sounds more and more like a commercial one in which actually most people try to confuse traders. E.g., price drops $70, they say "DON'T BUY, IT WILL DROP MORE!" and when the price goes up ...
XAU/USD Spot Gold