When QE3 come, gold price will burst?
Sure？

How come this is opposite situation with my understanding...
My understating is, when QE3 approved, US will print more money to pay off their debt and plum into the market.
Due to USD supply increased, USD currency drop.
Hence investors will try to reduce their losses / depreciation of asset by liquidate their stock & currency and invest in commodities, ie Gold.
Therefore gold price will appreciate.

The same thing happened on QE1 and 2.
Is my understanding correct?

the reason why gold price will burst is because of when they print out more cash...

they will boost up the shares price.. so when shares market goes green.. ppl will goes into shares market instead of gold...

so when the best time to buy gold??...next week??..next month??..or right now??

this question have been posted over and over... do we have a break now?

Should make separate threads of "Is it time to BUY GOLD now", and "Is it time to SELL GOLD now". And let the technical analyses, sentiment talk and general discussion concentrate here.

Support this idea.
This thread has turned into petty talk rather than serious discussion.

i heard that greece news become worsen now.. no idea will it help gold to go up or burst it to go down... EU market and US market seem to be totaly opposite..

sell all your Au & Ag now!!! hahahahaha

This post has been edited by azizulego: Sep 14 2011, 10:13 PM

Better still... sell it to me!!! ME!!! LOL!!!

I got 1oz Kijang emas.. willing to sell at RM9500 (since i know gold price is being manipulated)....

i sell you 1oz for RM7000 you wan? can deal in 24 hour, then you can resell at whatever price you wan

Mind to elaborate more about your statement (bolded),

or just another newbie try to act like big boy ?

Rm9500 is what i will call "manipulated" price.

+1

Anyone here deal with UOB gold account? If I sell my gold, will I get the proceeds immediately or I will have to wait for few days before the money is credited into my account? I always buy in but had never sell before.

ABCD harmonic pattern coming, watch it!


Attached thumbnail(s)

I bet 90% people here don't understand what your chart is showing? And I am one of them.

chart with no explanation. and sometimes it say d same thing like kitco news.. no clear direction and all. sigh.

mind to put up some explanation as well? and perhaps u can explain whats d meaning of each term u saying.

If you were keen to know the answer, you would have Google what harmonic pattern is. Without charts, i really don't understand how i can trade well. Everyday i would be asking the same old question, how high it go? how low it go? is it good time to buy? is it good time to sell? I stop asking because i could see everything in my chart. I'm glad you asked.

I bought many gold in the two red arrow. If price does break below the kijun sen (which is the red line), i am taking all my profits at the blue arrow region.

Seeing charts is very powerful. It has made my trading decision a lot more profitable.

Hope you will spend time to learn about charting, than just prices.

Good luck!

All you need to know about ABCD harmonic pattern: http://www.babypips.com/school/the-abcd-an...hree-drive.html

This post has been edited by Quinn: Sep 15 2011, 02:48 AM


Attached thumbnail(s)

Nice infor bro, thx. That means the D with question mark is the possible gold price in the next few days?