Sunday, November 16, 2014

My Gold Trading Strategy As At November 16, 2014







Gold Trading Strategy is about wait and see at this time as there has not been any significant movement since the Asian Markets opened earlier today.

As you will see in these articles, there are many different positions as to what will happen with Gold as the economies of the world are changing.

Putin Is Hoarding Gold To Prepare For Economic War - Business Insider

Sun, 16 Nov 2014 13:27:27 GMT
Russia has taken advantage of lower gold prices to pack the vaults of its central bank with bullion as it prepares for the possibility of a long, drawn-out economic war ...

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SNB head says no sovereign fund for gold if referendum passes -paper - Reuters

 Sun, 16 Nov 2014 12:16:12 GMT
ZURICH Nov 16 (Reuters) - The chairman of the Swiss central bank ruled out creating a sovereign wealth fund to manage Switzerland's gold reserves if a refer ...
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SPDR Gold Trust Is Having a Bummer of a Birthday - Bloomberg

Fri, 14 Nov 2014 16:30:21 GMT
While the inflows into GLD have added to demand for gold, GLD doesn't hold that much gold. Its 727 metric tons is 1 percent of the 66,000 metric tons of gold bars and coins owned by in ...

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Is GLD Able To Turn It Around? (GLD) - Seeking Alpha (registration)

Fri, 14 Nov 2014 21:18:31 GMT
The minutes could present a bit of a dovish tone this time, which could bring back up GLD, even if for a short term. But for the near future, the FOMC is still expected to turn more hawk ...

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Mr Paulson is not convinced he should be selling so far

Paulson Keeps Gold Stake Unchanged for Fifth Quarter - Bloomberg

Fri, 14 Nov 2014 22:02:18 GMT
The investor kept his stake in the world's biggest exchange-traded fund backed by bullion unchanged for a fifth straight quarter as prices dropped to a four-year low. As of Sept. 3 ...

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A number of people are of the opinion that the prices of Gold and Silver are freely manipulated by some larger players in the market.


Price Rigging and Financial Corruption. A Global House Of Cards - The Market Oracle

Sun, 16 Nov 2014 19:15:07 GMT
That gold and silver bullion prices are rigged is obvious. Demand is ... Dave Kranzler reports that in the past eight months, 101 tonnes have been drained from GLD, an in ...


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This video shows a few charts relating to technicals regarding gold trading strategy.







Gold Trading strategy at this time has to be mainly patience as the metal is starting to retrace its gains from Friday, perhaps we will see some stronger direction as the European Markets open.

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