I see many people here looking at longer term investiments, yes Gold is a good one, but nowadays is not the best buying signal, unless you'll wait for a year at least! Gold prices are fluctuating nowadays and any move below 1600 could smash down a bit.
if you are well educated then forex trading is good for you but if you are not then forex trading is not good for you and go to invest in gold , just buy it and wait
Well, fairly a good tip, but still investing in Gold cant be done blindly! Prices might still witness another dip on gold! I beleive 5% below now is a great buying opportunity (Anywhere around 1522). Just my 2 cents
thanks for your insights.. i'm checking the prices every other day, it's worrying cos it's not shooting up anymore..
Present time gold value is very high & i hope the value will very high all time only for gold thts why i agrre for long term investment. Mine is not bad.
oh... I'm holding to what a05 said, 1522? where u get this figure man? anyway, lowest was 1575... a little scary... anyone shivering yet?
Gold is still going lower for now, but the dipping potential is waning every passing day, expect as I said a sideways action around 1522 +/-3% then a good rise up. We should be aiming for 1700+ as a first target. Where did I get that firgure from? well, its basically from the 2 lows already formed before at that level. We are in a triangle formation (Complex Eliott Waves thing).
Now comes another question.. When do I enter exactly? Thats something everybody takes differently... Personally, I will at Candlesticks on the low and try match it with an RSI Convergence on the 8hours and Daily charts. If you guys don't know what this is, and need some help, just pm me.. I dont wanna spam the thread. All tips and personal tips are FREE of charge.. I try to help others, as in the early days, others helped me start Note : When I say something about a trade, its just something that I see with a higher probability to get acheived, its not a 100% guarantee! If someone claims his tips on entry levels are a 100% correct, he's definitely fooling you into something or more accurately into scamming you off! Good luck.
Personally, I had a bad experience with you, but I'll keep a lookout on this thread. don't worry about spamming YOUR EXPLANATIONS here in the forum, that is what the forum is for. dun be shy now... spill the beans on your free tips publicly. dun get uncomfortable now ok.
I would rather ignore your first line, coz its funny for me you're the one saying so.... Im giving my advice to others to be honest, its 0% targetted to you. Gold is still dipping, but as I said with a slower potential... AUD tried to find a bottom with the USD, but failed totally on Friday. Maybe little success with GBP/EUR but still, we need commodities and AUD to catchup soon, else we will seek a bottom elsewhere than 1522
all that reminds me of Auric Goldfinger, the villain in the James Bond movie "Goldfinger". Even his first name "auric" is a derivative of the root word "Aurea" which means gold.
and about forex, never pay someone to learn forex, all those who are successful in forex need not ur money, not even a single cent. trust me, ive met a few, they just are purely good people with good intention. hard to find, but dun give up. the world has a handful of good people, find them.
Investing to foreign exchange is risky for long term. But the value of gold is increasing and it will increase further without any doubt. So as long term investment, it is a wise decision to purchase gold.
yeah ok, open ur mind and dun be afraid to risk your hard earn money. lose a few but one thing for sure to gain is ur experience..
We finally got the wheels back on the train... and still have a few seats left. They're the ones with the stains on them.