Anybody noticed tempers here also drop whenever gold price drops?

Actually it is still within the cloud. The only thing holding up the gold price in msia is the increased of USD which is 3.155 now...

Anybody went to the bank today? How much is the selling price for gold today?

Hi, short term or long term is all depends on which time frame you are refering to. If you are a long term, then just look at daily chart. If you are short term look for H1 to H4. It is that simple. I even use them on the M1 charts for scalping sometimes.

Thank you. Ichimoku gives you a 3 dimentional view. If you begin to understand it, you may be smiling whole year long. However, The question is not about how good it is. It question still lies at if you have a trading plan. Where is your entry? Where is your take profit? When to cut loss? How is your risk management? Even basic MA can give you good analysis. Thus, ichimoku is a tool to help you make better decisions.

Hi, if the chart you are looking at has weekend candles, it will create slightly different ichimoku views because every single ichi component is base on formulas of 9 period and 26 period. However, your analysis will not be much different. It shall still give you the same view.

Hi, have you considered getting the selling price from bank website such as Maybank? Its free btw.

I dont htink the selling price in banks websites are up to date.. they prefer you to call them to get the current price if you plan to buy on that particular time. Each day the price varies even every few minutes..

Anyone wanna trade my 1 dinar PG for 1 x 2.5g and 1g of pamp suisse or emirates gold? COD at PJ Hilton.

The situation for the short term really looks bearish, I think the correction in Gold and Silver will persist for the time being..

since it break 1770 support zone, will it hit 1700 tomorrow? now already 1757, hoping that tomorrow we get rm175/g, then is time to top up more.

Gold has reached my target D!

so you going to sell it now?

High possibility during US market open later, but hope Asia market wont push up too much before Malaysia market open tomorrow.

Now? I sold long time ago at 1788 base on H2 chart.
Long time ago i already said i only hunt for sell entry.

This post has been edited by Quinn: Sep 22 2011, 08:37 PM

How did u see it was a high possibility? I'm interested to learn from you too, hehe.

he won't sell. he'll move his trailing stop down further to lock the profit
congrats quinn

edited-he has his trading plan.

This post has been edited by keii-kun: Sep 22 2011, 08:45 PM

Yes, im trailing with 30min kijun.

Trend trading. Get out when you are wrong. Maximize profit when you are right.

** Chart updated. Watching either price bounce kumo or chikou bounce kijun sen.

This post has been edited by Quinn: Sep 22 2011, 08:58 PM


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hmm, gold drop but USD rises..not much change in RM for gold price..

so for those who buy in RM, wise to top up ?? will USD rate keep going up also?? haha..

Yes indeed it drops, but how long will it continue? first thing in the morning to topup or wait in the afternoon?

dang..... gold price free falling.....

Quinn...u mean selling as in selling gold in forex?

gold price hovering around 1728, got a bit resistance here... if really break 1700 ...gold will again free falling to 1645+ dang....

you sure with that? i will go in anytime tomorrow when it hit my target.