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..
What i could see alot buying and selling for very short time .?Gold investment corner v4, Will gold price achieve USD2000 by 2012?
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May 11 2012, 10:02 AM
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1,175 posts Joined: Mar 2011 |
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May 11 2012, 10:30 AM
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820 posts Joined: Jan 2003 |
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May 11 2012, 11:15 AM
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1,175 posts Joined: Mar 2011 |
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? Sorry for typo error and short commentsFrom the graph yesterday there alot selling and buying in the gold open market .Not only in Malaysia . |
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May 11 2012, 11:21 AM
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820 posts Joined: Jan 2003 |
QUOTE(thunderaj @ May 11 2012, 11:15 AM) Sorry for typo error and short comments 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..From the graph yesterday there alot selling and buying in the gold open market .Not only in Malaysia . |
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May 11 2012, 03:02 PM
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1,175 posts Joined: Mar 2011 |
Gold Myr 156.19 per gram showing down trend . Might close today below 156.
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May 11 2012, 03:27 PM
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8,259 posts Joined: Sep 2009 |
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May 11 2012, 03:29 PM
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1,175 posts Joined: Mar 2011 |
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 |
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May 11 2012, 04:08 PM
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476 posts Joined: Jul 2009 |
QUOTE(thunderaj @ May 11 2012, 03:29 PM) about 3.00 pm just now . i believe next week will slip further 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 vincentwmh: May 11 2012, 04:10 PM |
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May 11 2012, 04:46 PM
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113 posts Joined: Aug 2007 |
it going down down down...hope to hit 14xx by end of may?
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May 11 2012, 05:46 PM
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199 posts Joined: May 2008 From: KEPONG |
QUOTE(anglee82 @ May 11 2012, 04:46 PM) is it possible??? lol.. i don think so.. may be will be around 1500+. not be too low.. hahhaAdded 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 |
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May 11 2012, 07:25 PM
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350 posts Joined: Mar 2008 |
any fibo graph for reference on trend?
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May 11 2012, 07:33 PM
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Junior Member
64 posts Joined: Jan 2003 From: Cheras, KL |
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... |
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May 11 2012, 10:36 PM
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199 posts Joined: May 2008 From: KEPONG |
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 |
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May 11 2012, 10:46 PM
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867 posts Joined: Apr 2010 From: Buddha Hand |
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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May 11 2012, 10:55 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur |
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May 11 2012, 11:00 PM
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867 posts Joined: Apr 2010 From: Buddha Hand |
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May 11 2012, 11:08 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur |
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May 11 2012, 11:23 PM
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867 posts Joined: Apr 2010 From: Buddha Hand |
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May 11 2012, 11:28 PM
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QUOTE(thunderaj @ May 11 2012, 03:29 PM) about 3.00 pm just now . 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.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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May 12 2012, 12:12 AM
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546 posts Joined: Nov 2011 |
![]() I love it when a plan cums together 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." as for now 1600 has turn from support to resistance, whether it can turn around or not, only time will tell ![]() |
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