Gold 2013 ......a lack lustre year?

[Joules MM1]

nice tradeable range overnight.....still leaning in size to downside for mine

video: Schiff/Kass

Kass vs. Schiff on Gold - CNBC

 

[Joules MM1]

brilliant...

Dylan Grice: "The Gold Market Is Healthier Now" | Zero Hedge

"Gold has become much more affordable.......the gold market has become healthier."

how more healthy can it get and how much more affordable is it about to become?

relative opines......gotta like em

 

[Joules MM1]

... looks like we are both long then

looks like 1387's the hurdle today, once popped intro momo.......

nice tiny swings adhering to ratios

 

[Joules MM1]

nimble jack, nimble!

bids comes.....

 

[Joules MM1]

bulls=chooks

 

[Joules MM1]

little over 7 hours Beige book release, if gold cant get a break of the tiny overhead that exists now, likely add downside weight onto already propensity to sell......ranges like these tend to suggest more of the same trend direction......

1290's, anyone?

 

[Joules MM1]

Cyprus Finance Minister Sees Gold Sale Within Next Months - Bloomberg

Cyprus Finance Minister Sees Gold Sale Within Next Months
By Natalie Weeks and Tom Stoukas
April 17, 2013 3:40 AM EDT

 

[cablemonster]

Cyprus Finance Minister Sees Gold Sale Within Next Months - Bloomberg

Cyprus Finance Minister Sees Gold Sale Within Next Months
By Natalie Weeks and Tom Stoukas
April 17, 2013 3:40 AM EDT

lololol. honestly mate people saying the trigger for this correction was Cyprus selling it's gold is a joke. They probably have like a couple of bars locked up somewhere. The recent correction was blatant manipulation, there were no real solid reasons for it. Now check the price action in the last hour, we get an earth quake warning in Japan and the world soils itself and buys gold again. Also GS O'neil just came out and said Gold has peaked, if ever there was a buy signal that was it, trust me these guys are laughing at the retail investors getting shaken out of their positions. We will probably see a daily close over $1400 and month end over $1500, then guess what the after-the-fact press will start saying it's time to jump on board again.

 

[brewski1984]

You buying it up cable?

 

[Joules MM1]

the trigger for this correction was Cyprus selling it's gold is a joke. .

lucky me for trading the price and not the opinion.......

 

[Joules MM1]

When the rest of the world sells gold, should you? | RedlionTrader

When the rest of the world sells gold, should you?
By : FuturesMag

 

[Joules MM1]

short term traders might find this useful

video

from mrtopstep at cme group

MTS Video 4-17-13 Matt Zeman - YouTube

 

[cablemonster]

lucky me for trading the price and not the opinion.......

yes same here, I ignore after the fact opinions, in fact I laugh at most of them.

 

[Joules MM1]

the Texas fertilizer factory explosion this morning (southern session) sent price spike down a few points, a slap across the face.....setting up a short squeez rest of the day....a ways to go up.....

 

[Joules MM1]

atm the squeez appears en mode....sprung in the southern session once we pass through 1394 level ....some targets in the chart, although, need to have more territory covered to get focus

http://www.youtube.com/watch?feature=player_embedded&v=ROrpKx3aIjA

 

[cablemonster]

atm the squeez appears en mode....sprung in the southern session once we pass through 1394 level ....some targets in the chart, although, need to have more territory covered to get focus

CAUGHT ON CAMERA: Fertilizer Plant Explosion Near Waco, Texas - YouTube

Yup expecting a squeeze up to 1475.

 

[Joules MM1]

Yup expecting a squeeze up to 1475.

that makes sense, although, for mine, pattern-wise 1460 will suffice

again, relief to belief to sell.....

and another pov (technical devoid of socio-political jism):

Incredible Charts: Stock Trading Diary: Gold: Will it bounce?

 

[Pat494]

Time to jump in
Goldfinger ????????????
India is the biggest gold buyer for jewelry. The Indian wedding season is in the autumn though.

 

[cablemonster]

Yup expecting a squeeze up to 1475.

Yeah but the real cheesecake is 1500 but we may not see it this week. The monthly close is very important. When it is back above 1500 I can see all the after the fact journos saying 'what happened' it is being manipulated lolol. In reality of course it is being manipulated the market is by its very nature going to shaft as many people as possible.

 

[Joules MM1]

Time to jump in
Goldfinger ????????????
India is the biggest gold buyer for jewelry. The Indian wedding season is in the autumn though.

some ying to go with the yang:

April gold imports seen sliding amid bearish price outlook | Reuters

April gold imports seen sliding amid bearish price outlook
MUMBAI | Mon Apr 15, 2013 3:37pm IST