Gold

[roobin54 10]

gold

 

We can see an ab=cd harmonic pattern in the H1 TF. we are expecting to have a rising move if the price gets stabilized above $1300.

 

http://pcm-fx.com/englishforum/forum.php

 

[Ammeo 10]

GOLD TRADING: After performing an assertive rally on Wednesday, this precious metal began to slump lower overnight. The price of gold plunged by just over $11 per oz as soon as the commodity markets recommenced business a few hours ago.

 

At present, bullion is still slipping lower by toying with its lower Bollinger Band. Commodity specialists are now anticipating that gold will extend its losses further during today’s session. Consequently, execute a PUT binary option, constructed on this metal, if a clean break beneath $1.299.80 can be accomplished.

[roobin54 10]

gold

 

The price is moving inside an ab=cd harmonic pattern area on the H4 TF and till Oct. 15, 2013 the time will be fulfilled. We expect to witness it growing if the demand overcomes the supply pressure.

 

PCM Brokers Forums

 

[Ammeo 10]

Fiat money is diluting everywhere. If they are thinking on a future gold based international money, they would like the people to sell their gold before, and start with the lowest possible gold price.

[Ammeo 10]

Now should buy gold, QE is not bad tighten macro data uncertainty about the debt ceiling, the price of gold will go to 1375.

[livernik 10]

Ammeo , it sounds reasonable

[Ammeo 10]

I am still bearish and i would be until it dont go in the $1000-$1250 zone...the zone is big though but in this zone it could be well a buy or call for any medium to long term holding period....

[handle 10]

I am still bearish and i would be until it dont go in the $1000-$1250 zone...the zone is big though but in this zone it could be well a buy or call for any medium to long term holding period....

 

I am bearish as well. The $1200 range is where I am stalking too.

[Ammeo 10]

I am bearish as well. The $1200 range is where I am stalking too.

 

Short term upward correction may occur at the start of the week..overall still bearish...