Monday, May 18, 2009

GOLD to see higher prices by 22nd or 23rd May'09

GOLD has dropped this morning of 18th May as was projected. The revised outlook is projecting higher prices in GOLD by 22nd or 23rd May which will be a good selling point.

From the lows formed today or early 19th May, GOLD should start rising till 20th, then pullback little and continue to rise higher till 22nd or 23rd May'09





Abhay

Posted by at

9 comments:

  1. UnknownMay 18, 2009 at 10:57 AM

    Abhay,

    You look even more studious than I suspected with that sharp suit ! Do you have any cycle forcasts on the JPY ( or EUR/JPY / GBP/JPY ).

    Look forward to you insightful analysis !

    Ronald

    ReplyDelete
  2. seekerMay 18, 2009 at 11:34 AM

    *LOL* I probably look different in causal.

    I will be slowly adding forecasts for currencies starting with EURUSD. Sometimes I will hold off if there is no clarity


    Abhay

    ReplyDelete
  3. shashuMay 18, 2009 at 7:44 PM

    please let us know
    a) charts are in which time frame
    b) any broker which trades nano lot for gold

    ReplyDelete
  4. seekerMay 19, 2009 at 9:52 AM

    These are intraday charts. It is not necessary to get in to too much precision regarding hour or exact time of turn. Look at it from a little broader perspective just as a roadmap of your trading plan.


    Abhay

    ReplyDelete
  5. shashuMay 21, 2009 at 12:20 PM

    please let us know any broker which trades nano lot, if not nano then say micro lot

    Thanks
    Shashi

    ReplyDelete
  6. seekerMay 21, 2009 at 12:51 PM

    FXDD is best broker to trade GOLD and they allow microlots

    Abhay

    ReplyDelete
  7. shashuMay 23, 2009 at 3:25 PM

    Thanks for guiding me to FXDD, I downloaded their Demo Metatrader client, however I see only forex symbols no Symbol for GOLD, let me know what I am missing please,

    ReplyDelete
  8. SecretsFromTheHeart.comMay 23, 2009 at 8:38 PM

    Shashi..in your FXDD platform, right click in the Market Watch window, then select Symbols. Gold is the last symbol, XAUUSD. I have used FXDD for quite a while and very happy with them however I would caution trading the release of FOMC or NFP.

    My main live account is set up with the rebate program. You can learn about it in the library of my site www.SecretsFromTheHeart.com.Just click on the flashing rebate icon. There is no cost to be involved and it's great getting part of the spread back. I just got my 3rd check in the mail yesterday. I love it!

    Abhay, I look forward to your predictions on some of the other currencies. Your Gold predictions have been quite impressive!

    to your success...Patty

    ReplyDelete
  9. shashuMay 24, 2009 at 6:49 AM

    SecretsFromTheHearts, Thanks that helps

    ReplyDelete

Subscribe to: Post Comments (Atom)