Gold ticked higher on Monday, within sight of a fresh record high,but a slight decline in ETF holdings suggested some investors might want to book profits.
FUNDAMENTALS
* Spot gold XAU= added 75 cents to $1,296.35 an ounce by 0052 GMT after hitting a record at $1,299.95 on Friday as worries about the health of the global economy spurred buying from investors.
* U.S. gold futures for December delivery GCZ0 was hardly changed at $1,297.8 an ounce, having struck an all time high at $1,301.60 on Friday.
* Thinly-traded silver XAG= jumped to its highest in 30 years at $21.48 an ounce.
* The world's largest gold-backed exchange-traded fund, its holdings fell to 1,300.521 tonnes by Sept 24 from 1,301.433 tonnes on Sept 23.The holdings hit a record at 1,320.436 tonnes on June 29
All In Gold !!!...:)
Monday, September 27, 2010
Friday, September 24, 2010
Breaks Through $1,300 An Ounce
Gold soared to a record high early Friday, breaching the key $1,300-an-ounce level, amid persistent worries about the recovery.
After reaching a peak of $1,301.30 an ounce, Gold for December deliver -- the most active contract -- eased to $1,299.80 an ounce. Gold's last intraday record high was reached on Sept. 22, when the metal hit $1,298 an ounce.
Investors look to gold and other low-risk investments as safe bets during heightened uncertainty.
Gold hit its true peak on Jan. 21, 1980, when it rose to $825.50 an ounce. Adjusted for inflation in 1980 dollars, that translates to an all-time record of $2,184.08 an ounce, in 2010 dollars.
After reaching a peak of $1,301.30 an ounce, Gold for December deliver -- the most active contract -- eased to $1,299.80 an ounce. Gold's last intraday record high was reached on Sept. 22, when the metal hit $1,298 an ounce.
Investors look to gold and other low-risk investments as safe bets during heightened uncertainty.
Gold hit its true peak on Jan. 21, 1980, when it rose to $825.50 an ounce. Adjusted for inflation in 1980 dollars, that translates to an all-time record of $2,184.08 an ounce, in 2010 dollars.
Saturday, September 18, 2010
It's Not Lie
Gold prices lost some steam Friday as the U.S's weak inflation reading tempered inflation fears that have been bubbling up around the globe. The U.S. consumer price index for August was unchanged from July but this was in opposition to a higher-than-expected producer price index reading on Thursday. The U.K. reported a higher inflation reading this week and India's central bank is taking steps to take money out of circulation to fight inflation.
Friday is also quadruple witching in which options on stock index futures, stock options, stock index options and stock futures all expire, leaving traders having to rebalance their portfolios. This leads to more volatility especially in the gold market.
But the real reasons gold is breaking to new highs right now are hedge funds and the Federal Reserve. The Fed will meet Tuesday to discuss interest rates, and although no changes are expected, the rumor is that the Fed will run its printing presses and issue another round of monetary easing. A low inflation reading in the U.S. might also give the Fed a green light to pump more money into the system.
Gold is watching all of this from its quiet safety haven in its own corner. And as it quietly watches this process, it is also quietly making new all-time highs. Gold is trading at $1,279.00 an ounce, at the time of writing, after U.S. gold futures for December delivery rose 0.6% to $1,280.90, in the pre-market. In an era where all currencies around the world continue to get cheaper and continue to lose buying power, the one constant bedrock is gold. It will continue to call them out in its own quiet way, making new highs, as more and more currency is created. Gold knows what is going on and its not susceptible to a PR campaign.
Although there have been reports that the Fed will do no such thing because the governors can't come to a consensus, the conviction and gold's monster rally tell a different story.
The other factor moving gold prices is hedge fund buying. Strong double-digit gains like the market saw on Tuesday always point to big purchases. Many experts say that gold will inevitably hit $1,300 as "it seems very likely that the funds have decided that this is the next target,"
Of course, fund buying leaves the room for fund selling. If funds are buying gold as protection against more quantitative easing then what happens if the printing presses never run and the crisis premium comes out of the market? A $30 move up could result in a $30 selling frenzy.
The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Come and Joint with us I will tell you More Information about and
Jl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
Yahoo Messager ID: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
Friday is also quadruple witching in which options on stock index futures, stock options, stock index options and stock futures all expire, leaving traders having to rebalance their portfolios. This leads to more volatility especially in the gold market.
But the real reasons gold is breaking to new highs right now are hedge funds and the Federal Reserve. The Fed will meet Tuesday to discuss interest rates, and although no changes are expected, the rumor is that the Fed will run its printing presses and issue another round of monetary easing. A low inflation reading in the U.S. might also give the Fed a green light to pump more money into the system.
Gold is watching all of this from its quiet safety haven in its own corner. And as it quietly watches this process, it is also quietly making new all-time highs. Gold is trading at $1,279.00 an ounce, at the time of writing, after U.S. gold futures for December delivery rose 0.6% to $1,280.90, in the pre-market. In an era where all currencies around the world continue to get cheaper and continue to lose buying power, the one constant bedrock is gold. It will continue to call them out in its own quiet way, making new highs, as more and more currency is created. Gold knows what is going on and its not susceptible to a PR campaign.
Although there have been reports that the Fed will do no such thing because the governors can't come to a consensus, the conviction and gold's monster rally tell a different story.
The other factor moving gold prices is hedge fund buying. Strong double-digit gains like the market saw on Tuesday always point to big purchases. Many experts say that gold will inevitably hit $1,300 as "it seems very likely that the funds have decided that this is the next target,"
Of course, fund buying leaves the room for fund selling. If funds are buying gold as protection against more quantitative easing then what happens if the printing presses never run and the crisis premium comes out of the market? A $30 move up could result in a $30 selling frenzy.
I am always reminded you to Care Fully in SELL Position.
Many traders are looking at any price dips as an opportunity to buy gold.The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Come and Joint with us I will tell you More Information about and
Contact Us:
Trust Artha Futures, PT
(Member of Jakarta Futures Exchange (SPAB-147/BBJ/10/05) and had licensed from BAPPEBTI (1051/BAPPEBTI/SI/1/2007)
Graha Mandiri, Ground FloorJl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
Yahoo Messager ID: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
Wednesday, September 8, 2010
Great Gold
Wednesday, September 08, 2010
Invest with Long Term is Better in Commodities - Gold. Market going to Up and i had closed my SELL Position in the Afternoon when he goes to down Low Point 1244.80. (I close All Position with One Click).Last Position for Gold High is 1259.40 and Low is 1246.80
Pivot Point:
R3: 1275.23R2: 1267.56
R1: 1262.13
Pivot Point: 1254.46
S1: 1249.03
S2: 1241.36
S3: 1235.93
I had SELL Position from 1258.40 with Qty 10 and my Target is 1254.46
I am always reminded you to Care Fully in SELL Position.
Many traders are looking at any price dips as an opportunity to buy gold.The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Come and Joint with us I will tell you More Information about "MODERN ROB THE BANK"
Contact Us:
Trust Artha Futures, PT
(Member of Jakarta Futures Exchange (SPAB-147/BBJ/10/05) and had licensed from BAPPEBTI (1051/BAPPEBTI/SI/1/2007)
Graha Mandiri, Ground FloorJl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
YM Id: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
Monday, September 6, 2010
Floating Position
Monday, September 06 at 09:06 PM
I had 3 Position in SELL
1. SELL from 1241.70 with QTY 1
2. SELL from 1248.30 with QTY 2
3. SELL from 1250.00 with QTY 6
Totally is Floating (Not in Profit) but that is Ok, Gold Market Today (Monday, September 06, 2010) is not much Move (Till i post this topic).
But that's ok, i can wait till tomorrow and i will closed when i got Profit or Lost Around $10,000 ... :)
Look at my Balance $ 130,055.34
Last Position for Gold High is 1250.40 and Low is 1246.60
I hope tomorrow Gold still going to DOWN, to this moment if we see in 30 minutes and one hours chart Gold Start to DOWN.
The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Come and Joint with us I will tell you More Information about "MODERN ROB THE BANK"
Jl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
YM Id: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
I had 3 Position in SELL
1. SELL from 1241.70 with QTY 1
2. SELL from 1248.30 with QTY 2
3. SELL from 1250.00 with QTY 6
Totally is Floating (Not in Profit) but that is Ok, Gold Market Today (Monday, September 06, 2010) is not much Move (Till i post this topic).
 |
| Stat Sept 06 |
Look at my Balance $ 130,055.34
Last Position for Gold High is 1250.40 and Low is 1246.60
I hope tomorrow Gold still going to DOWN, to this moment if we see in 30 minutes and one hours chart Gold Start to DOWN.
I am always reminded you to Care Fully in SELL Position.
Many traders are looking at any price dips as an opportunity to buy gold.The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Come and Joint with us I will tell you More Information about "MODERN ROB THE BANK"
Contact Us:
Trust Artha Futures, PT
(Member of Jakarta Futures Exchange (SPAB-147/BBJ/10/05) and had licensed from BAPPEBTI (1051/BAPPEBTI/SI/1/2007)
Graha Mandiri, Ground FloorJl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
YM Id: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
Sunday, September 5, 2010
Market Hours
To view the major market open and close times. Holidays not included.
1. Europe and Frankfurt Open: 01:00 PM Closed 09:00 PM
2. London - Great Britain Open: 02:00 PM Closed 10:00 PM
3. New York - United Stated Open: 07:00 PM Closed 03:00 AM
4. Sydney - Australia Open: 05:00 AM Closed 01:00 PM
5. Tokyo - Japan Open: 06:00 AM Closed 02:00 PM
Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light.
Good Luck and Take Care.
Market Center (Time Zone Asia/Jakarta):
1. Europe and Frankfurt Open: 01:00 PM Closed 09:00 PM
2. London - Great Britain Open: 02:00 PM Closed 10:00 PM
3. New York - United Stated Open: 07:00 PM Closed 03:00 AM
4. Sydney - Australia Open: 05:00 AM Closed 01:00 PM
5. Tokyo - Japan Open: 06:00 AM Closed 02:00 PM
Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light.
Good Luck and Take Care.
Saturday, September 4, 2010
Nice Profit
Saturday, September 04 at 10:29 AM
I got a nice Profit when the Non Farm Payroll moving, I got $51,250 !! It's a "GOOD BANK ROBBER" ... Right?
And now My Balance increase $130,055.34 (Start From $20,000 - August 17, 2010) - Click Here
Last Position for Gold High is 1253.50 and Low is 1237.30
Come and Joint with us I will tell you More Information about "MODERN ROB THE BANK"
Jl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
YM Id: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
I got a nice Profit when the Non Farm Payroll moving, I got $51,250 !! It's a "GOOD BANK ROBBER" ... Right?
And now My Balance increase $130,055.34 (Start From $20,000 - August 17, 2010) - Click Here
Last Position for Gold High is 1253.50 and Low is 1237.30
Come and Joint with us I will tell you More Information about "MODERN ROB THE BANK"
Contact Us:
Trust Artha Futures, PT
(Member of Jakarta Futures Exchange (SPAB-147/BBJ/10/05) and had licensed from BAPPEBTI (1051/BAPPEBTI/SI/1/2007)
Graha Mandiri, Ground FloorJl. Imam Bonjol No. 61
Jakarta Selatan - Indonesia
Contact Person: Indra Yuswandi
YM Id: ladoe_cutu
Mobile Phone: +628158170672
Good Luck and Take Care.
Thursday, September 2, 2010
NFP
Thursday, September 02, 2010 at 10:10 PM
Gold Market Move like my prediction (Little Bid Higher)
Last Position for Gold High is 1253.32 and Low is 1243.40
As we know that Tomorrow is NFP and many Trader waiting for that. I advice you to Hold your NEW POSITION Before we got a Signal or News.
R2: 1259.23
R1: 1255.45
Pivot Point: 1249.54
S1: 1245.76
S2: 1239.85
S3: 1236.07
Take care for Tomorrow Trade (September 03,2010), Is better No Position and Waiting for NFP News.
Good Luck.
Gold Market Move like my prediction (Little Bid Higher)
Last Position for Gold High is 1253.32 and Low is 1243.40
As we know that Tomorrow is NFP and many Trader waiting for that. I advice you to Hold your NEW POSITION Before we got a Signal or News.
Pivot Point:
R3: 1265.14R2: 1259.23
R1: 1255.45
Pivot Point: 1249.54
S1: 1245.76
S2: 1239.85
S3: 1236.07
Take care for Tomorrow Trade (September 03,2010), Is better No Position and Waiting for NFP News.
Good Luck.
Wednesday, September 1, 2010
Nice Move
Wednesday, September 01, 2010 at 09:55 PM
Nice Move Gold Market Today, I talk you in my Last Post (Click Here)
If you have a Right TIME to Put NEW Position, i think you are a GOOD "BANK ROBBER"
Look at my Account and Now Increase $99,272.67 (Start August 17, 2010 - Click Here)
Last Position for Gold High is 1254.30 and Low is 1242.20
Pivot Point:R3: 1264.66
R2: 1259.72
R1: 1252.66
Pivot Point: 1247.72
S1: 1240.66
S2: 1235.72
S3: 1228.66
Potential for Tomorrow (September 02, 2010) gold market going to Down around Pivot Point (1247.72 - or More) and he can going to S1 and R1.
The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Good Luck and Take Care.
Nice Move Gold Market Today, I talk you in my Last Post (Click Here)
If you have a Right TIME to Put NEW Position, i think you are a GOOD "BANK ROBBER"
Look at my Account and Now Increase $99,272.67 (Start August 17, 2010 - Click Here)
 | |
| Nice Stat |
Pivot Point:
R2: 1259.72
R1: 1252.66
Pivot Point: 1247.72
S1: 1240.66
S2: 1235.72
S3: 1228.66
Potential for Tomorrow (September 02, 2010) gold market going to Down around Pivot Point (1247.72 - or More) and he can going to S1 and R1.
I am always reminded you to Care Fully in SELL Position.
Many traders are looking at any price dips as an opportunity to buy gold.The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Good Luck and Take Care.
Gold Market is Crazy
Tuesday, August 31, 2010 at 11:59 PM
Gold futures rose to a two-month high above $1,250 an ounce on Tuesday on the back of mixed economic data from the United States and a flurry of end-of-month buying. Gold is on track to post its biggest monthly percentage gain since April in August. Was last bid around $1,248 an ounce late Tuesday morning, against $1,236.66 late in New York on Monday, having hit a new session peak of $1,250.40, its highest since late June.
I talk you in my Last Post (Click Here) Gold in Weekly Chart is Still UP Trend.
Last Position for Gold High is 1249.97 and Low is 1231.94
The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
R2: 1260.30
R1: 1254.40
Pivot Point: 1243.17
S1: 1237.27
S2: 1226.04
S3: 1220.14
Potential for Tomorrow (September 01, 2010) gold market stuck around Pivot Point (1243.17) and he can going to S1 and R1.
Good Luck and Take Care.
Gold futures rose to a two-month high above $1,250 an ounce on Tuesday on the back of mixed economic data from the United States and a flurry of end-of-month buying. Gold is on track to post its biggest monthly percentage gain since April in August. Was last bid around $1,248 an ounce late Tuesday morning, against $1,236.66 late in New York on Monday, having hit a new session peak of $1,250.40, its highest since late June.
I talk you in my Last Post (Click Here) Gold in Weekly Chart is Still UP Trend.
 |
| Weekly Chart |
The prices are expected to scale up further till December considering uncertainty in US economy and weak equity markets globally. *NOTE*
Pivot Point:
R3: 1271.53R2: 1260.30
R1: 1254.40
Pivot Point: 1243.17
S1: 1237.27
S2: 1226.04
S3: 1220.14
Potential for Tomorrow (September 01, 2010) gold market stuck around Pivot Point (1243.17) and he can going to S1 and R1.
I am always reminded you to Care Fully in SELL Position.
Many traders are looking at any price dips as an opportunity to buy gold.Good Luck and Take Care.
Subscribe to:
Posts (Atom)