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 Gold investment corner v4, Will gold price achieve USD2000 by 2012?

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thunderaj
post May 11 2012, 10:02 AM

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QUOTE(eXTaTine @ May 11 2012, 09:48 AM)
It could, but that is something im not so sure about. Gold failed to break above 1600 today and drifting lower, that means the trend is lower..
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What i could see alot buying and selling for very short time .?
eXTaTine
post May 11 2012, 10:30 AM

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QUOTE(thunderaj @ May 11 2012, 10:02 AM)
What i could see alot buying and selling for very short time .?
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I don't understand what you are talking about. Are you refering to those buying and selling in Malaysia? Or you are refering to the financial markets?
thunderaj
post May 11 2012, 11:15 AM

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QUOTE(eXTaTine @ May 11 2012, 10:30 AM)
I don't understand what you are talking about. Are you refering to those buying and selling in Malaysia? Or you are refering to the financial markets?
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Sorry for typo error and short comments

From the graph yesterday there alot selling and buying in the gold open market .Not only in Malaysia .


eXTaTine
post May 11 2012, 11:21 AM

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QUOTE(thunderaj @ May 11 2012, 11:15 AM)
Sorry for typo error and short comments

From the graph yesterday there alot selling and buying in the  gold open market .Not only in Malaysia .
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Because of Euro concerns, jobs report and near technical number..the bulls tried to go above 1600 but failed..I look at this as a sign that it will go lower...it is abit oversold at the moment tho..
thunderaj
post May 11 2012, 03:02 PM

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Gold Myr 156.19 per gram showing down trend . Might close today below 156.


Kaka23
post May 11 2012, 03:27 PM

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QUOTE(thunderaj @ May 11 2012, 04:02 PM)
Gold Myr 156.19 per gram showing down trend . Might close today below 156.
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Which back price was that?
thunderaj
post May 11 2012, 03:29 PM

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about 3.00 pm just now .


Added on May 11, 2012, 3:30 pmNow it is drop to MYr 155.48 per gram. quite sharp fall .


Added on May 11, 2012, 3:33 pmi think several foreign investor are selling out gold from their portfolio just to take hard cash to sustain their other businesses.
Just my opinion.


This post has been edited by thunderaj: May 11 2012, 03:33 PM
vincentwmh
post May 11 2012, 04:08 PM

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QUOTE(thunderaj @ May 11 2012, 03:29 PM)
about 3.00 pm just now .


Added on May 11, 2012, 3:30 pmNow it is drop to MYr 155.48  per gram. quite sharp fall .


Added on May 11, 2012, 3:33 pmi think several foreign investor are selling out gold from their portfolio just to take hard cash to sustain their other  businesses.
Just my opinion.
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i believe next week will slip further brows.gif like further compressing a spring for a greater release later rclxm9.gif

This post has been edited by vincentwmh: May 11 2012, 04:10 PM
anglee82
post May 11 2012, 04:46 PM

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it going down down down...hope to hit 14xx by end of may?
win0517
post May 11 2012, 05:46 PM

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QUOTE(anglee82 @ May 11 2012, 04:46 PM)
it going down down down...hope to hit 14xx by end of may?
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is it possible??? lol.. i don think so.. may be will be around 1500+. not be too low.. hahha


Added on May 11, 2012, 5:52 pmis time to buy in gold?? the gold look like going up right now!!!! 158.2 right now!!! maybank was selling 159.6 @@

JOIN or NOT JOIN ????

This post has been edited by win0517: May 11 2012, 05:52 PM
hitokai
post May 11 2012, 07:25 PM

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any fibo graph for reference on trend?
calvinchin
post May 11 2012, 07:33 PM

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Anyone can post a bollinger band with moving average graph on the recent price trend ?

The graph should be able to tell when is the right time to enter/exit...
win0517
post May 11 2012, 10:36 PM

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Having the real time gold price.. Have a website... Will share it later


Added on May 11, 2012, 10:37 pmhttp://www.kitco.com/charts/livegold.html

This post has been edited by win0517: May 11 2012, 10:37 PM
BlackPen
post May 11 2012, 10:46 PM

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want to ask..now it's time to put some money into paper gold? because I plan to open an account next week...
ronnie
post May 11 2012, 10:55 PM

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QUOTE(BlackPen @ May 11 2012, 10:46 PM)
want to ask..now it's time to put some money into paper gold? because I plan to open an account next week...
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You need to evaluate this option on your own. doh.gif doh.gif
BlackPen
post May 11 2012, 11:00 PM

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Added on May 11, 2012, 11:01 pm
QUOTE(ronnie @ May 11 2012, 10:55 PM)
You need to evaluate this option on your own. doh.gif  doh.gif
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Hi, can u share me that link 'Live Gold Price in RM' laugh.gif

This post has been edited by BlackPen: May 11 2012, 11:01 PM
ronnie
post May 11 2012, 11:08 PM

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QUOTE(BlackPen @ May 11 2012, 11:00 PM)

Added on May 11, 2012, 11:01 pm

Hi, can u share me that link 'Live Gold Price in RM'  laugh.gif
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Have you used right-click on your mouse before ?
BlackPen
post May 11 2012, 11:23 PM

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QUOTE(ronnie @ May 11 2012, 11:08 PM)
Have you used right-click on your mouse before ?
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I found tq notworthy.gif
BBSH
post May 11 2012, 11:28 PM

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QUOTE(thunderaj @ May 11 2012, 03:29 PM)
about 3.00 pm just now .


Added on May 11, 2012, 3:30 pmNow it is drop to MYr 155.48  per gram. quite sharp fall .


Added on May 11, 2012, 3:33 pmi think several foreign investor are selling out gold from their portfolio just to take hard cash to sustain their other  businesses.
Just my opinion.
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Since the biggest holders of physical gold are some European central banks, they may be the likely sellers - dumping gold to get cold hard cash.
learn2earn8
post May 12 2012, 12:12 AM

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Attached Image

I love it when a plan cums together wub.gif first support 1500, second support 1400 and then I can consider join u guys to be gold bug tongue.gif
I remember a forumer quote : "The best one can say is the (chart) trend seems to be in very broad terms from the lower left to upper right. That's the best one can say, and anything more than that will make you look foolish." tongue.gif
as for now 1600 has turn from support to resistance, whether it can turn around or not, only time will tell flex.gif sink baby sink

Attached Image

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