thanks.
it is possible to reach 540 level in a few days.
but i don't think it will be today.
gt
it is possible to reach 540 level in a few days.
but i don't think it will be today.
gt
Daily Trading Strategies on Gold/Forex
- Thread starter Gold Trader
- Start date
Spot price Europe pre-open went as low as US$563 however it has RALLIED!!!!! Now at US$567!!!
Jus go short..no mess, no fuss. Ain't gonna rally to US$600 anytime this decade. It will bottom out in the long run at US$300 or lower in the next six months. Watch the Central banks selling stampede. Italy holds a s**tload of the stuff, German central bank will be selling it as well. There is an oversupply of the stuff coming out of the ground as well.
SELL SELL SELL
Jus go short..no mess, no fuss. Ain't gonna rally to US$600 anytime this decade. It will bottom out in the long run at US$300 or lower in the next six months. Watch the Central banks selling stampede. Italy holds a s**tload of the stuff, German central bank will be selling it as well. There is an oversupply of the stuff coming out of the ground as well.
SELL SELL SELL
short 573
stop @ 577.5
good luck
gt
stop @ 577.5
good luck
gt
short @ 573
stop @ 577.5
current price @ 573
good luck
gt
stop @ 577.5
current price @ 573
good luck
gt
exit short @ 573
current price @ 573
current price @ 573
short gold-spot @ 579
stop @ 582.5
stop @ 582.5
Nice entry ... jus' gotta be aggressive once it starts going your way:
the call would have been profitale for intraday traders. gold was down to 571 area and then reversed. as long as gold is below 580, it is weak.
my call is still valid for today. profit taking levels are at trader's discretion.
current price @ 577
hold short
again, it would have been a profitable call. gold has been testing around 580 area.
i hope gold would be preparing for another leg down in a couple of days unless it breaks above 580~582.
current price 573
hold short with stoploss around 577.5.
good luck
i hope gold would be preparing for another leg down in a couple of days unless it breaks above 580~582.
current price 573
hold short with stoploss around 577.5.
good luck
this must have been a losing call.
i would still hold my bearish view on gold as price has been rejected from 578~580 area.
current price @ 573
short @ 573
stop @ 578.5
i would still hold my bearish view on gold as price has been rejected from 578~580 area.
current price @ 573
short @ 573
stop @ 578.5