I wonder what happened to make Gold sell off almost 10 points today, then bounce back?
640 key level now, JMHO.
640 key level now, JMHO.
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Daily Trading Strategies on Gold/Forex
- Thread starter Gold Trader
- Start date
its amazing actually - it sold off twice on volume and just gets gently bid back up... suggests strength but this is how is was trading before it got skull fucked back in the summer....
i am amazed there hasnt been more of a move. the dollar has blown through some pretty key levels....
i am amazed there hasnt been more of a move. the dollar has blown through some pretty key levels....
long @ 639
stop @635
stop @635
gold rallied yesterday and it is very much likely that it would continue to rally above 650 approaching 656~660.
long @ 648.5
stop @ 644
long @ 648.5
stop @ 644
even the experts had price predictions all over the place
for this yr
http://www.lbma.org.uk/publications/forecast 2006/forecast2006_gold.htm
for this yr
http://www.lbma.org.uk/publications/forecast 2006/forecast2006_gold.htm
gold is slighly weak.
it would be falling today.
short @ 646.5
stop @ 649.5
it would be falling today.
short @ 646.5
stop @ 649.5
my view is no longer valid at 645 after rebound from 640 today.