Replies to post #24500 on The New CS Board

[jumanji0881]

Gold currently at $1155.10, down $5.30 as per Kitco.com

[ahimsak]

Gold is not a buy yet, IMHO. Still like to see it drop hard into the real bear market for the spx and dow, like in other bear markets, but bottom at first major selling climax.

BTW, got another selling climax today, that is 2 days in a row. Futures down another 1% afterhours, panic in the street. Have seen other times futures are down big time afterhours and the market opens up the next day.

BTW, I had orders to buy massive amounts of xiv at 25 at the open, but pulled them out of fear. Typical, had i left them open, would have made a lot of money selling tham at 34 like the rest of my position.

[dindindon]

08/25/15 Gold price pullback

14:40:21 GMT - Real-time
1,134.70 -18.90 -1.64%
Aug 25, 2015 range: 1156.20 1134.20
http://www.investing.com/commodities/gold-historical-data

my concern materialized,
Gold is doing its first meaningful pullback from trend line resistance 1169.12, so far it ducks on the support 1132-1134 (0.382 H-L); It is not yet reaching the “incurable” status; Gold is always speculative and tough to play.

Volume Dynamics:
08/25/15 07:16 AM

Watch out now under 1130.
We're going to 1006-1013 once that breaks.
That does not mean it can't test 1130.
Talking about BREAK.

comments to Volume Dynamics: numbers may be too dire

Monday, 08/24/15 01:50:53 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116460024

Be aware that (In Today’s session) Gold stops tracking with USD inversely in spite of the latter one moves down whopping $1.3. So far, Gold price is afloat near the 1151 support, too much crosscurrents ...