Gold calls.Long term -medium term and intraday calls in gold is here !.

[drfas]

Why no posts since #6100 at 2:40 PM 10-7-08 ???

 

[luvtub]

Why no posts since #6100 at 2:40 PM 10-7-08 ???

Our man Sujith has to sleep sometime!

 

[wibblewibblewibble]

Thanks Doberman and Sujith! May have to buy some cast-iron underpants and think about getting back in soon. Well done to those who have held their nerve and made money - although how you've done it with prices whipsawing I wish I knew!

 

[Sprawl123]

dow jones

Dow jones 1H falling wedge broke to downside couple of days ago but has now met PO.

 

[funfun]

i think Suji is at school

 

[sujithsstorock]

Am at college guys , will be back at newyork

 

[sujithsstorock]

i think Suji is at school

yes,having some work on project.

Break above 892 invites 900 , i told that at chat room last night. Don't short till london closing , thats my advice.

 

[GauravVN]

yes,having some work on project.

Break above 892 invites 900 , i told that at chat room last night. Don't short till london closing , thats my advice.

What can be the next target in Indian Rupees

 

[GauravVN]

I think it may hit 15000 level by friday. what do u think Sujit? Is this is a entry level for buying.

 

[praful]

physical gold is under traded Rs.800. per 10gm.

 

[sujithsstorock]

sell gold at 905 stoploss 915 $ tgt 898-892-885-880 $

 

[sujithsstorock]

I think it may hit 15000 level by friday. what do u think Sujit? Is this is a entry level for buying.

15 k in gold depends on USD/INR . if USD gets more strong n if INR keeps on falling like this... new high is quiet possible.

 

[maybedinero]

Why INR?

 

[sujithsstorock]

indian currency is INR . in india ..price of gold is equal to the price when gold was 1000 $ in march. at tht time 1 usd=42 inr..now 1 usd=48 inr .. so we need to pay more INR for gold. thus gold is at historic high price in INR terms.

 

[sujithsstorock]

sell gold at 905 stoploss 915 $ tgt 898-892-885-880 $

high was 914.6 $ ..missed stoploss.. pheww..!

 

[sujithsstorock]

sell aud/usd
at 6740 stoploss 6790
tgt 6702-6660-6615

 

[sujithsstorock]

high was 914.6 $ ..missed stoploss.. pheww..!

book 5 $ profit here ..900 now.. trail stop.. if hits..then re-sell on rise

 

[Sprawl123]

book 5 $ profit here ..900 now.. trail stop.. if hits..then re-sell on rise

gold has a lot of fear premium...
this should greatly subside now...
lets see where NY closes.

 

[sujithsstorock]

sell aud/usd
at 6740 stoploss 6790
tgt 6702-6660-6615

aud 1st tgt met :clap:

 

[sujithsstorock]

aud 2nd tgt met