You need to register separately on the Chart Forum
- see Chart Forum Help
Edit Profile Profile Help Help
Forum Rules Forum Rules Advanced Help/Instructions Advanced Help
Search Last 1|3|7 Days Latest Posts Latest Posts
Search Search Forum Tree View Tree View
   
Trade the Bollonger Band Squeeze

US Dollar and gold

Chart Forum » Gold & Precious Metals » US Dollar and gold

««  Previous  Next  »»


 
Thread Start New Thread 
Last Poster Posts Pages Last Post
         

Author Message

Top of pagePrevious messageNext messageBottom of page Link to this message
hailoh
Member
Username: hailoh

Post Number: 355
Registered: 04-2003

Rating: N/A
Votes: 0


Friday, June 01, 2012 - 10:03 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The US dollar is closing in on the upper level of a declining trend line. If previous patterns play out again, the dollar will retreat and we could see gold move higher. The political cycle is such that the turning point could be late this year.

US dollar weekly







Top of pagePrevious messageNext messageBottom of page Link to this message
kesil
Member
Username: kesil

Post Number: 31
Registered: 03-2012

Rating: N/A
Votes: 0


Friday, June 01, 2012 - 09:45 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



G'day Hailoh,

Very, very interesting to look at something from a different angle, a lot can happen in a month. $USD recent rises may well disintegrate and leave speculators with nothing but a happy memory on a monthly view.

Then again back when gold lost its appeal in the last bubble, the dollar took over as the darling of the market and spiked like a pommie pensioner looking at page three.

Looking at gold on a monthly view is not a really good look...it appears to have broken below a long term support and the MACD tells a very mournful story.

Thanks for your post it really brings things into a whole new perspective.

I think I know where I would prefer to put my quids...but I have been known to be wrong!



Cheers

Kesil


“Success is stumbling from failure to failure with no loss of enthusiasm.”
Winston S. Churchill

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image

Username: Posting Information:
This is a private posting area. Only registered users and moderators may post messages here.
Password:
Options: Enable HTML code in message
Automatically activate URLs in message
Action:

 
Other Threads  
Last PosterPostsPagesLast Post
GOLD ETFshadetreetrader15 28-Oct-18  07:28 am
XAUUSDqed08-Jul-17  12:39 pm
Gold:Silver Ratiosurijohn9201-Jul-15  02:28 pm
Silver bouncingsurijohn9212 19-Jun-15  03:36 pm
Calculating Position size on gold, silver and wtitom8213-Feb-13  03:55 pm
GOLD - Flag on a flagpole?kesil13-May-12  09:19 pm
Gold Miners sell signal ??ehmu25-Feb-12  11:45 am
Gold in the Jackson Hole ?gdd326-Aug-11  08:55 pm
It is winter, but the ice is thin---ie EGUehmu25-Feb-11  05:15 am
Gold Miners Bouncingehmu07-Feb-11  02:56 pm
110117 support for xgldehmu18-Jan-11  03:47 am
Gold looks promisingehmu17-Dec-10  03:14 am
Gold is just Gold!rederob16 07-Nov-10  09:40 pm
Gold & Inflationcolin_twiggs21-Apr-10  09:03 am

Threads by Last Post Time:

First Previous 2 3 4 5 6 7 8 9 0 1 2 3 4 5 Next Last

Administration Administration   Log Out Log Out    

««  Previous  Next  »»