Gold behaviour
Gold is setting all time records. If we go for long term trades, is it good to always do a "buy" in case of gold in near future?
Stick to your rules
Its debatable issue. It is said that the Gold will continue to show behavior until the start of may. In May, its trend will be mixed.
The good or ill of a man lies within his own will. – Epictetus
Thanks for brief description. Can anyone analyze the behavior of Gold in more detail.
Stick to your rules
Originally posted by uniquetraderGold is setting all time records. If we go for long term trades, is it good to always do a "buy" in case of gold in near future?
iam in favour of short from these levels in our local market every person is know in short and they are averaging it from every high it make.
we believe it will go down with same speed even more in few months.
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Gold has been the best investment from past few years and have given good returns to the traders. It requires more trading funds and needs to be traded for long term. it is safe heavens for the investors .
yes I think the gold price will increase for the long term!
Gold is just unpredictable but its really highly profitable to us and even i am just learning more about this pair so that i can make a good amount of profit and i know one day i will succeed.
Gold "up and up and up" days are over (for now).
Most of the charts showing Gold as ranging
The good or ill of a man lies within his own will. – Epictetus
Gold is ranging, but also looked like it wanted to break down to below $1500. Fortunately for gold bulls, the stimulus package has turned things around. All thats needed now is QE3 rumors and it will go all the way back and kill the bears.
It may touch 1500 but there is very little chance of it.
Stick to your rules