US EU abang-adik same same both killing asia gold market "Pull Cat Tail" now. Asia people dump money in, they sell, make us loss.
Me too.

Loss. But if gold increase over RM179.10/1g later then only you gain back your losses and start profiting from it.
Why you sell? I brought mine at RM184.51/1g still not worried. No sell mean No loss, brother.

Because I'm in a good mood, so let's learn something today.

What Does Hammer Mean?
A price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or close to its opening price. This pattern forms a hammer-shaped candlestick.

Read more: http://www.investopedia.com/terms/h/hammer.asp#ixzz1Z3i4qh73

Tips:
1. You will always see reversal candlesticks here and there. But the true reversal only happens at very important support & resistance.
2. How do we determine important support & resistance? Pls do your homework!

Attach is the recent Gold chart with a hammer. Look where the market went, after that.

Here is some question for you to ponder so that you learn about "hammer reversal candlestick".
1. On the H4 chart, did you manage to spot a hammer?
2. On the Daily chart, did you manage to spot a hammer?
3. On the Daily chart, does it give you a clearer picture where it is heading in the next few days? (im sure many people is going to give me the same wrong answer).

Hi, I'm looking at the other way round. USDx may make a fall instead and makes us able to buy gold at cheaper price in the next 2 weeks. You can try look at the ichimoku USDx weekly chart.

Also, do check out the DOW JONES weekly at the same time. The big bucks for gold is coming it seems, from the chart.

Make your own judgement, do not easily believe anything you read here, there is no 100% sure in gold investment that it will raise/drop.

This thread is slowing down after price drop...

UOB if possible, extremely low spread, dont know why?!
If you wish to be able to do online gold trading, only Public Bank gives such facilities.

LOL normal loh, now US people worried about their economy so they see gold up a bit, they quick quick sell it off to cover their stock mah.

No lah, those money if lost all also I not worried, it's my spare money not much lah only 45g brought at RM179.11/1g & RM184.51/1g.

*Repeat: If 1900 I sell or else don't want to sell, I am a long term si-fat-kwai!

I miss my chance to sell it off when it reach USD1920/1oz last month. Now no choice have to wait few years more to gain back profit, look like it wont goes up to 19xx anytime sooner.

its 1599 now...pheew...yes!! all the way pls

It's because this week is China National Holiday for 1 week & Jewis holiday as well so not much trading. Malaysia is a small country so it doesn't effect much overall to gold.