Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

mohsinqureshii

Gold Bullish or Bearish

Recommended Posts

Hello friends,

 

I get signal for gold and going to share you with.

 

OLD Forex Signal for Thu, 27 Nov 2014

 

Open BUY/LONG GOLD at 1201.81

Set Take Profit at 1205.88 / 1211.98 / 1218.09

Set Stop Loss at 1193.67

 

Open SELL/SHORT GOLD at 1193.67

Set Take Profit at 1189.60 / 1183.50 / 1177.39

Set Stop Loss at 1201.81

 

:missy:

Share this post


Link to post
Share on other sites
Holiday (Thanksgiving Day) here in the U.S Thursday which means low volume so stops either direction can be taken out easily.

 

Yes, the incubus at work.

 

Generally, though, there are not enough committed buyers entering the market. A committed buyer is not someone who sells at the slightest move down or sells because of a lack of movement. A non-committed buyer is neither dumb nor astute; he is simply not committed to the upside.

Share this post


Link to post
Share on other sites

Survey Participants Look For Lower Gold Prices Next Week

Friday November 28, 2014

 

Most participants in Kitco News’ weekly gold survey said they look for softer prices next week since a Swiss gold referendum is expected to fail and the dollar has been strong while crude oil has been soft.

 

In the Kitco News Gold Survey, out of 36 participants, 19 responded this week -- fewer than usual during the U.S. Thanksgiving week. Five see prices up, while 11 see prices down and three see prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical-chart analysts.

Share this post


Link to post
Share on other sites

Gold is still in the consolidation phase around 1191.15-1221.13. Note the resistance 1221.13 and support at 1191.15. Gold potentially will resume weaken towards the range 1172.63-1142.65 if successfully penetrate the support 1191.15. Beware if gold broke through 1221.13 resistance, because it can open up the possibility of targeting support at 1239.65-1251.11 rose gold.

 

As I observed in my mercerfx platform, Technically XAUUSD still tend to lead to lower recall is still in a phase of consolidation and remain in the medium term decline groove with its position that until now still under the medium-term declining trend line.

Edited by fxpartyguy

Share this post


Link to post
Share on other sites

Split Views On Gold's Direction Next Week Dominate Survey

Friday December 5, 2014

 

Participants in the weekly Kitco News Gold Survey are split over their views on where prices should go next week, with only a nominal number of respondents bearish.

 

In the Kitco News Gold Survey, out of 36 participants, 21 responded this week. Seven see prices up, while 10 see prices down and four see prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical-chart analysts.

Share this post


Link to post
Share on other sites

Something on Silver:

 

Silver Seen Starting Slow, Then Gaining Speed Toward End Of 2015

 

Silver could struggle in the early part of 2015 as markets continue to factor in expectations for Federal Reserve tightening and as growth in industrial demand remains constrained by soft economies in other parts of the world.

 

But by the end of the year, many analysts see silver regaining its luster on ideas that any Fed rate hikes are likely to be modest and industrial demand may start picking up, assuming the economy shows improvement.

 

For instance, TD Securities sees silver averaging $15.50 an ounce in the first quarter but $19.50 in the fourth. Commerzbank looks for the second quarter to be the weakest of the year with an average $16 forecast, but for improvement to $18 in the fourth quarter.

 

Some of the average full-year 2015 forecasts made by firms so far include Natixis, $15.20; Citi Research, $16.50; Commerzbank, $17; HSBC, $17.65; and TD Securities, $17.81. Among consultancies, Metals Focus looks for $16.20 and CPM Group $16.65.

Share this post


Link to post
Share on other sites
To say that gold is in a bear market is to misunderstand both gold and markets. Gold isn’t an investment that goes up and down. It is money in the most basic store-of-value sense. Most of the time it just sits there, and when its price changes in local currency terms that says more about the local currency than about gold.

 

But when currencies collapse, gold shines.

 

Consider the above from the point of view of a typical Russian. The ruble is tanking (no need to understand why — all fiat currencies go this way eventually and the proximate cause is almost irrelevant). ...[since ~Nov 15th / in one month - gold has gone from ~52k RUB to ~ 76k RUB .... ] Russians who trusted their government and kept their savings in, say, a bank account, are losing their shirts. But those who own boring, doesn’t-pay-interest, in-a-bear-market gold have seen their capital appreciate in local currency terms by about 60 percent in just the past month. They’re not “making money,” but they are preserving wealth.

 

This is how it has gone always and everywhere when governments have destroyed their currencies. In the Roman Empire, revolutionary France, revolutionary America, most of Latin America in the 20th century, and now big parts of the developing world, local currencies evaporate but gold just sits there, buying the same amount of stuff as ever, impervious to the games governments play.

 

It won’t be long before this ...is replicated in a whole lot of other places. But by then it will be too late to prepare. The gold will be gone and those who trusted their governments will have to make do with promises.

 

We now return you to your regularly scheduled Paper Covers Rock programming

Share this post


Link to post
Share on other sites

on the other hand....

is there a currency that gold has been going up in in the last 1-2-5-10 years?

 

Gold can certainly have a bear market - any one who thinks it cant does not understand markets. If you are based in USD and own USD gold at price X and it is now worth less than X = loss.

It is like any other store of wealth - except it has been better than some over the long term....far worse than others.

the example of the Russian trade is simply an FX trade - not a gold trade.

 

Everything is a swap!

Eventually we die, just as fiat currencies eventually dwindle. In the meantime......paper scissors doh!

 

Non-Gold Safe Haven Assets - Business Insider

 

have a golden Christmas and a diamond new year.

Share this post


Link to post
Share on other sites

… the regular programming sure started right back up.

 

"Gold can certainly have a bear market "

Let's hope so! The stupid stuff has been in a 6000 year bubble :)

 

"the example of the Russian trade is simply an FX trade - not a gold trade"

actually from a russian's pov, it was not an FX trade, nor a gold trade. It was a 'non trade' that made the example

 

And to the linked article… here’s a digest

Boys and girls… Swap all the gold you have for something else as quickly as possible. Follow these recommendations from your friends who are paid (and unpaid… voices of trading ) to encourage you to exchange, trade, and swap papers and stuff as much as possible-

> Never come off your ‘investment’ perspective. (really it’s ‘our’ investment perspective - to always measure valuation in terms of fiat and productivity ... to always mentally see and operate as if storing value, investing, and trading are all identical activities - but you best accept it and never question it and make it yours too)

 

> Best to “swap” ‘it’ into currency. That way you’re primed to "swap" again for something that Buffett isn’t "swapping" for… like safely loan it out at almost usurious rates, or take stakes in companies that now systemically just can’t ever go down in value, or get slick and "swap" this currency for another that is ‘moving’.

…someday maybe use technical and sentiment analysis to accumulate some gold again …

 

however But - if you want to swap for a more trending ‘store of value’ that is still ‘physical’…

 

> The following items from the article will hold value. They are indestructible and have no special environmental storage or transport requirements:

Autographs, Stamps, Memorabilia, Wine, Ceramic vases, Vintage cars, Art works, Watches, Guns and ammo. They can all be thrown around and buried in plain dirt. (And speaking of dirt, don't swap for any of that sht either. It's not on the list.)

 

> List mentions Diamonds. Great choice! Like the other items above you don’t need any special knowledge or experience to swap diamonds cost free…

 

> The final item on the list, coins, really shouldn’t even be on their list. Why? The first words in the article title were “Forget Gold”

 

Gold is bearish. ... as in currencies are better ... as in Most don't want it.

Don't be one of the ones who do want it. Forget gold. Gold is bearish... end digest

Edited by zdo

Share this post


Link to post
Share on other sites

the regular programming never stopped with the belief that gold is king and there are no alternatives.

 

 

....as for the Russian example - please enlighten us as to how to preserve wealth by non trading or swapping :).

The trade mentioned was an FX trade - class 101. The wealth was preserved because the ruble tanked not because gold was a great investment. Anything other than Rubles might have been good.

Diversification is still probably the best wealth preserver but most of us dont have 6000 years. :doh:

 

2 other thoughts...

 

1) I like the Walking dead (more for the moral dilemmas it raises) - why dont these guys talk about their store of gold. Even experts in Zombie apocalypses dont put all their belief in gold.

 

2) Given its Christmas - what happened to the gold the baby Jesus got on his birth?

Edited by SIUYA

Share this post


Link to post
Share on other sites

Clarificaton of my msg - ie more off topic repetition

The message is simple. Each person needs to differentiate for self between trading, investing, and wealth preservation. Check the narrative in your posts. It acutely mishmash conflates all three of them.

 

The “Regular programming” in here on this TL thread is traders / “swappers” doing their TA and sentiment thang. I am first and foremost a trader so I have nothing against it and trading paper PM’s… except in most times there are contracts that provide more bang for the buck…except ‘trading’ it based on the background collective memehope that it will again go especially parabolic ‘works’ only 1 in 30 times it is ‘predicted’…

 

Culturally, typical ‘regular programming’ is MSMs doing anything but ‘gold buggin’ … they never stop sabotaging beliefs that gold might possibly be king. They never stop promoting alternatives. They mish PM’s into the ‘investments’ category - ignoring that investments must be productive. In your MSM supportive story, since 19xx or 20xx, it has even performed horribly against all other assets and other “fx trades”. On one front is a narrative to sustain the false dialectics of paper bugs vs gold bugs. It promotes “swapping” as fast as possible to discourage ‘investing’ in gold as a vote of no confidence in cash producing businesses… programming you to diversify as much as possible into paper debt tickets of an insolvent global private banking corporation whose only saving grace is the ability to create more paper debt tickets at will and without supervision. In this “Regular programming” meme, ‘gold’ can be nothing but price sensitive. … for the record, I never ‘invest’ in PM’s.

 

In uncontaminated ‘preservation of capital’, one’s perspective is NOT price sensitive - period. Again, each person needs to clearly demarcate for him or her self between trading, investing, and wealth preservation. As gold only goes parabolic 1 in 30 times it is predicted to, even more rarely - ~ 1 in 300 times? - that it is ‘predicted’ , the system eventually does an‘ accounting’ of financialization - with an inevitable and very rare transfer of wealth to the people that own gold and silver. Who knows? and Who knows when? Prior to that - - PMs may even become a useless relic - especially on ‘spiritual’ levels… then suddenly .,. like “There are decades where nothing happens; and there are weeks where decades happen.” Vladimir Ilich Lenin * BANG !! Enough ( off topic ) said. I only post in this thread to encourage those coming behind me to make those stark demarcations for themselves... We now return you to your regularly scheduled programming replete with its confirmation and conservation biases to continuity and business as usual… meanwhile scissors cut your paper at a non alarming target of 2% per year … compounded… etc

 

PS

Re: “zombies”

Physical Gold is about preservation of capital for light, life, and growth… no surprise zombies and their potential targets have no apparent access to or utility for it in their stories. “When an inner situation is not made conscious, it appears outside of you as fate.” CG Jung

 

Re: "baby Jesus’s gold" - Joseph diversified most of it into shekels for groceries. He later sold the rest to put Jesus through carpenter college. Like most messiahs, Jesus never releases his transcripts… there are whispers that he dropped out.

Jesus was a Capricorn

He ate organic food

He believed in love and peace

And never wore no shoes

Long hair, beard and sandals

And a funky bunch of friends

Reckon we'd just nail him up

If he came down again

Most of us hate anything that

We don't understand

Prine? Kristoferson?

 

* while we’re on quotes of (a)typical Russians and their "FX trades"

Vladimir Lenin Quotes - BrainyQuote

Joseph Stalin Quotes - BrainyQuote

 

SIUYA, Hope you (and everyone else too) have wonderful winter holidays

Edited by zdo

Share this post


Link to post
Share on other sites

Saxo Bank See Gold Ending 2015 On A Strong Note

Wednesday December 24, 2014

 

 

Gold could be set for a strong breakout in the second half of 2015 as a year of consolidation wraps up said one European commodity analyst.

 

Saxo Bank is still working on their 2015 annual forecasts but Kitco News spoke with Ole Hansen, head of commodity strategist for the Danish bank to get his preliminary thoughts on the gold market for 2015.

 

“Major investing firms are still lukewarm on gold,” he said. “But I would be cautious about being too much on the negative bandwagon.”

 

 

Ole Hansen, head of commodity research at Saxo Bank

A last minute drive in equity markets is helping to drag gold prices down and it appears the yellow metal will end the year on a softer note. However, because of the current holiday market conditions, Hansen said investors will have to wait until after the first couple of weeks in January to get a clear direction for the gold market at least in the near-term.

 

Hansen is slightly more optimistic on the gold market for 2015 compared to other analysts as he thinks the yellow metal could end next year around $1,250. But it won’t be a definitive move higher, at least in the first few months of the year; in the short-term, it appears prices will struggle and might even break below the 2014 lows, he said.

 

Hansen said that for the start of the year he could see gold prices fall to $1,100 or even $1,080 an ounce as the U.S. dollar continues to dominate the marketplace and investors adjust to normalized U.S. interest rates.

Share this post


Link to post
Share on other sites

Gold was a "fear play" before this last run up of the market these past 2 years.

 

Then it turned into an investment, strangely and tracked the market upwards, only to drop this last year (2014) I think Gold is reversing its "personality" again to become a fear play, the market is doubtlessly heading into a correction, we'll see how gold reacts, if its a crash then drop it. If its a haven where people put their money, invest and its going to runup again, probably surpassing the highs of the past few years.

Share this post


Link to post
Share on other sites

"...probably surpassing the highs of the past few years."

 

Based on what, wishful thinking?

 

Price matters, not opinions.

 

Gold has been bearish, other than on a very short term basis, since fall of 2011.

 

Through prior equity corrections,

 

Now with the Euro (EZ economies) and Crude collapsing further strengthening the Dollar this pressures Gold and Silver even more.

 

The chart and fundamentals point lower. This is reality, not my opinion.

Share this post


Link to post
Share on other sites

Analysts Expect Gold Market To Hold Recent Gains Next Week

Friday January 9, 2015

 

U.S. economic data next week is not expected to shed any new light on the state of the economy and as a result gold prices should at least hold on to their gains after the first full week of trading in 2015, according to some analysts.

 

Analysts added that continued focus on the European Central Bank’s monetary policy, concerns about the impending Greek elections and geopolitical fears should continue to support the yellow metal in the near-term.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.