$50 No Deposit Bonus
Both the profits and the no deposit bonus can be withdrawn.
Both the profits and the no deposit bonus can be withdrawn.
Need a monthly close above 1560 to neutralize the trend.
Medium Term ~ Bearish– Gold needs to close above 1294 on a weekly and monthly basis for bullish outlook.
Intermediate Term ~ bearish-A low is due to develop this week and a reflex rally into latter November is the odds favored trend once the low is in.
Short Term ~ Bearish-The pullback into 1st week of November has taken place and odds favor a low Nov 7th (plus or minus 72 hours)
Initial Resistance 1173-1183 2nd tier 1194-1204
Initial Support 1155-1165 2nd tier 1144-1148
The last update listed 1178-1182 as resistance and the high was 1175.
Support was 1155-1163 and the low was 1163.40
US Election Anxiety & ECB Mutiny Spark Small Cap Stocks & Dollar Selling
Submitted by Tyler Durden on 11/04/2014
Paul Singer Slams The Fake World: "Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers"
Submitted by Tyler Durden on 11/04/2014
Into The Unknown
Submitted by Tyler Durden on 11/04/2014
GoldTrends has been warning that Europe is most likely the first to fall which will create a cascade of further deflationary events……. Here’s today’s latest;
Europe In Triple-Dip Recession, Goldman's Internal Model Finds
Submitted by Tyler Durden on 11/04/2014
And in good ole USA…………….
Factory Orders Slide 2nd Month In A Row
Submitted by Tyler Durden on 11/04/2014 - 10:11
Factory orders in September printed a drop of 0.6% MoM following Augusts 10.0% revised tumble off the spurious spending in July. This is the first 2-month-in-a-row drop in factory orders since January - amid the economy-crushing polar vortex.
Gold chart
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Master Introducing Broker in Romania at HiWayFX
samer@hiwayfx.com
+40 734 277 757
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US Election Anxiety & ECB Mutiny Spark Small Cap Stocks & Dollar Selling
Submitted by Tyler Durden on 11/04/2014
It appears the excitement of US midterm election sparked a
"sell-everything-American" strategy today as stocks, bonds, WTI crude,
the dollar, Treasuries, and credit all sold off to a lesser or greater amount. Trannies started off liking weak oil prices
but faded as WTI could not bounce off multi-year lows but stocks were
jolted lower (before v-shape recovering to VWAP) by Mutiny at the ECB
(and desk chatter that - as we have warned - QE is not coming). The
decoupling continue as high yield presses to 2-week lows and Nikkei
futures diverge from USDJPY. The dollar weakened back to unch on the
week after Draghi but commodities saw no gains from that as gold,
silver, and copper slipped. WTI dropped to as low as $75.85 at 3-year
lows. VIX - helped by numerous CBOE 'breaks' today - jerked back below
15 (after trading above 16 briefly).
Paul Singer Slams The Fake World: "Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers"
Submitted by Tyler Durden on 11/04/2014
"Nobody can predict how long governments can get away with fake growth,
fake money, fake financial stability, fake jobs, fake inflation numbers
and fake income growth. Our feeling is that confidence, especially when
it is unjustified, is quite a thin veneer. When confidence is lost, that
loss can be severe, sudden and simultaneous across a number of markets
and sectors."
"The situation is universal, a consequence of incompetent leaders and careless (or ignorant) citizenry."
"The situation is universal, a consequence of incompetent leaders and careless (or ignorant) citizenry."
Into The Unknown
Submitted by Tyler Durden on 11/04/2014
“On October 15th 2014, if only for a few short minutes, market forces
broke out and the failure of central bankers was briefly evident...
There is a very simple lesson that when the markets finally break
through the manipulation they move to price in deflation and not
inflation. This is key because it means financial repression has
failed.” These days, you don’t tend to hear the words ‘failure’ and
‘central bankers’ in the same sentence (unless the topic happens to be
Zimbabwe). But perhaps the omniscience and omnipotence of central
bankers is somewhat overstated.
GoldTrends has been warning that Europe is most likely the first to fall which will create a cascade of further deflationary events……. Here’s today’s latest;
Europe In Triple-Dip Recession, Goldman's Internal Model Finds
Submitted by Tyler Durden on 11/04/2014
Here is Goldman with the loudest warning yet, courtesy of its internal
RETINA model, that Europe is now effectively in a triple-dip recession,
with Q3 GDP for the Euro area at -0.2%: "We are less than a fortnight
away from Eurostat's publication of its flash estimate of Q3 GDP growth
in the Euro area. In today's Daily, we look through the lens of our
contemporaneous tracker of real-time inflation and activity. Since our
previous update in mid-October, RETINA's median estimate of Q3 GDP
growth has moved deeper into negative territory, driven largely by a
disappointing print for area-wide industrial production in August. The
downside risks to our +0.1%qoq judgmental forecast for Q3 GDP now look
skewed to such an extent that our point estimate no longer falls within a
50% confidence interval around RETINA's median reading."
And in good ole USA…………….
Factory Orders Slide 2nd Month In A Row
Submitted by Tyler Durden on 11/04/2014 - 10:11
Factory orders in September printed a drop of 0.6% MoM following Augusts 10.0% revised tumble off the spurious spending in July. This is the first 2-month-in-a-row drop in factory orders since January - amid the economy-crushing polar vortex.
Gold chart
Tonight we zoom in on gold and on this view it shows that a downtrend
line is holding gold from moving higher out of this consolidation that
has taken place since the Friday low. Since the Tuesday high at the
trend line, gold keeps trying to get above it. The market will not put
up with this much longer and if we going to break higher it must develop
pretty much by sometime tomorrow or we’ll head and test that lower line
near 1250. The line is steep so by Thursday it will already be down
near 1140. So that is the support points into Wednesday. Resistance is
the 1173-1178 and up to 1183 area. But the most important thing is to
get above this channel line ASAP.
which will run smoothly and automatically and be valid only
for our clients who sign up using this invitation link
--> https://my.hiwayfx.com/partner/links/go/139
A) $50 No Deposit Bonus.
For this option:
1_Follow the link, register and accept the terms and conditions.
2_Open No Deposit Bonus Account When you want to Open trading account.
3_The bonus will be in your account automatically.
The major prerequisites are as follows:
Min 10 lots traded to withdraw this bonus, this bonus is valid for 2 months.
No deposit needed to withdraw.
The profits and the no deposit bonus can be withdrawn.
B) Exclusively 1:1000 leverage
For this option:
1_You have to select Standard NDD Account When you want to Open trading account.
2_Select the above leverage.
C) You may have running 40% tradable bonus OR 100%
non-tradable bonus for Standard accounts upon request.
This 40% and 100% will be available at any time even though
there is no information regarding this on the site.
D) Loyalty points
the clients will have Credit. 1 lot = 100 points
and the calculation will be 100points/10 = $10 credited to the
client’s account as a bonus to trade with.
E) No fee on deposits.
It will be added to our clients accounts upon request in form of tradable bonus.
M Samer Al Reifae
Master Introducing Broker in Romania at HiWayFX
samer@hiwayfx.com
+40 734 277 757
Join The World Rally Forex
Open a DEMO Account
Trade For Free & Win Real Money
A total of 4,000$ every month is given to the winners!
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Scalping allowed
Personalized technical and customer service support
Start trading with a minimum deposit of only $20
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.
No one knows tomorrow's price or circumstance.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
King Regards
