I also dun like to buy in until it hits a sweet spot. But last time gold hit 100 day MA was in june.

---

Added on September 16, 2011, 11:58 amIf someone can explain the recent trading sell off, i will opt for buying more before ben speaks!

This post has been edited by trencher10: Sep 16 2011, 11:58 AM

W.O.E.R.U.T.A?

Anyone got experience which broker, trade with no swap or you will earn interest for holding Gold? for long term.

For instance this interbankfx even buy/sell they also charge swap.

price keep diving, really wish i can go bank now do my shopping..

Do u know there is also positive swap? Do u know how swap works? Having swap is not necessary a bad thing.

I only plan to buy below RM 170 / g . Is it possible ?

Initially, got intention to buy when the price is RM 156. But, that time, felt it is expensive .... Now

Yes i'm looking for the broker with the positive swap ( as in interest ) if you holding buy for gold.
Currently i'm having ibfx which charge (-) me swap even if i'm buying ...

Thus appreciate if anyone can recommend.

Wait for it, be patient hold your horses people, monday is the big day to invest kaw-kaw.

I'm waiting for 170/g or lower too

The chances are minimal as it start increase, sigh

later US market opened, maybe price will drop again...
US investors are selling their gold like crazy yesterday....

This post has been edited by o0o0: Sep 16 2011, 05:21 PM

how to u know a lot of them are selling gold ?

Because price insanely dropped during US market open time

And I thought I read news about Donald trump accepting gold... Now US folks dumping gold pulak

Because US folks need money to invest in stock market.

gahhhh..... gold gonna reach the kijun line d..... time to masuk?

lol 1800 back soon. I definitely will buy when it hit 1762 this afternoon if bank open. D*** it

hehe... better go celebrate malaysia day then buying gold....lol...jkjk......

---

Added on September 16, 2011, 9:39 pmwalaoehhhhh... miss the chance to invest when reaching 1760+ zzzz

This post has been edited by mingophoria: Sep 16 2011, 09:39 PM

The main reason why gold decrease this week is because "Operation Twister".
The U.S and other huge central banks simply flood the market with easy liquidity of dollar.

The reason they do that because to sway market attention from Greece`s default issue.
Some say "Operation Twister" is another form of Quantitative Easing(QE).

Did "Operation Twister" have been implemented before ? (Between 2000-2011)

Definitely wont buy if over 178. Lets wait and see in future lah. Happy invest all bro, good luck !!

p/s : really fedup with MYS day ¬!"£$%"£$%^

This post has been edited by hongchai888: Sep 16 2011, 10:06 PM