Nickmail
Short

Gold is a garbage

FX:XAUUSD   Gold / U.S. Dollar
1647 44 4
a revolution - gold             throw away into the garbage, the world's hedge & invest funds get rid of the the gold             instrument. all indicators are negative, Bear flag in play. 980-924 $ fair value for XAU / USD
by the way, - silver             has made these levels, the time for the gold             is!
Amazing ~
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Nickmail alex.a
https://www.tradingview.com/e/oWT0FqLm/
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I do agree in some ways, if US data is better continuously - I think it will be better because Christmas hottest business season of the year is ahead. Data cannot be bad - If the data cannot be bad, then the data for tampering will be nearer, too for some people's mind. Market is composed by irrational people -
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But I don't think Gold will become garbage. It is a lot of usage - Gold is very strangely good metal with a lot of usage -
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Nickmail alex.a
Gold is really necessary in the manufacture of circuit boards and chips, but it is considerably overpriced and overbought ... but otherwise it is necessary to women - they like magpies and crows throw all that glitters ... result - people need money and not gold!
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alex.a Nickmail
^_^ ~ all those women? I thought Diamond is the best friend of women ~ ^_^ kkk
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https://www.tradingview.com/e/KZPWOzvy/
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In futures, I reckon they will have goldsilver bits! :)
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Nickmail dan_keydcuk
what exactly do you mean?
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https://www.tradingview.com/e/KZPWOzvy/
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closer view
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Nickmail Nickmail
1w
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new harmonic research
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https://www.tradingview.com/e/oWT0FqLm/
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alex.a Nickmail
So, at this ECB Interest Rate remains the same how high it is predicted to go?
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nmike MOD Nickmail
it agrees with this 2 month chart
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very good
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Nickmail Nickmail
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clones
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May be someone needs to understand the difference between Money vs Currency. Gold price fluctuates, will not be a garbage as long as the Quantitative Easing # infinite keeps coming in. USD or any other currency neither holds value assets, its all promises. With that being said, Yes the chart looks Bearish. This will not be an end at all. JMO. Good luck shorting it
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Nickmail ucsgears
i agree with you it is interesting point of view but Gold is the first bubble on the market & and blow the bubble (are able to), and will be not those who need dollars, but only those who have them
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posting this for fun:
If you google , the cost of the next Mars rover at $ 2.5 billion . In terms of gold is about 80 tons. The mass of the rover is not more than 1 ton. The device is unique, in order to pay back to his 80 return flights to Mars. So far from Mars to Earth did not deliver goods , and still need to develop the infrastructure space centers on Mars , to find sources of fuel. When any unit becomes a stream , then its value is reduced tenfold. If they find gold in its pure form , such a project will be able to pick up in 10-15 years .
the fact is that the cost of the satellite in geostationary orbit about 10000 buks per kg and the price of gold on the NSE about 10 bucks , the words, conclusion to our darling orbit satellite is its mass in gold terms. And still have to fly to Mars, dig and come back. That is, or flights will cost as much as a tram ride , or have to invent teleportation . or relocating to Mars)))
so here's the problem: on Mars securities will no longer be gold and platinum, and pasta, sugar, tea, tobacco and anti-ins meteorite protection. And there is no one to sell: the river heifer - polushka is, but transportation - penny. (

thats why Gold is a garbage.

that is why this little by little bubble blow away to find development and production in new fields.
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Nickmail Nickmail
http://simple.wikipedia.org/wiki/Colonization_of_Mars
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Nickmail Nickmail
http://novostivrut.blogspot.com/2011/09/blog-post.html rus need to be translated
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Nickmail Nickmail
and disperse the bubble to new heights
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Nickmail Nickmail
then
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Nickmail Nickmail
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So it might bounce. Bonds are dropping fast.
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nmike MOD QuantitativeExhaustion
@ JR I don't see any bounce
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Nickmail QuantitativeExhaustion
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Nickmail Nickmail
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where i am seeing a reversal
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Nickmail Nickmail
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where i am seeing a reversal
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Nickmail Nickmail
hey Nmike JR where do you see Zigzag end? which one is most harmonic?
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Nickmail Nickmail
here is a link for this chart https://www.tradingview.com/e/oWT0FqLm/
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Nickmail Nickmail
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Nickmail Nickmail
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alex.a Nickmail
fantastic ~ but alas- I cannot see the high lighted green figure? which number are they?
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difficulties before final leg up
we are getting closer and closer
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Nickmail Nickmail
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sorry that wrong link above this picture
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