Gold correction has ended

[GlobalFinancier]

Time to really step on the gas, lots of former-bulls-now-bears telling me it might go down further. 625 buy more.

 

[SethArb]

what month ? august ? its rollover time
you will have to switch to december futures real soon

hope you sold them ... or have a stop in place in case it was a fake out breakout

good luck ....

 

[GlobalFinancier]

Quote from SethArb:

what month ? august ? its rollover time
you will have to switch to december futures real soon

hope you sold them ... or have a stop in place in case it was a fake out breakout

good luck ....

Thanks, I think it's really turning... Ray of hope after 2 dozen or so bloody losses .(1% of equity lost on a trade here 2% there, 0.5% there and so on) Lots of people are telling me they think gold will go down further which is good...

 

[daddyeaux]

gold/silver acting better on today's US dollar break...........

Fed. may skip Aug. hike based on the usual.....

 

[SethArb]

I guess people have been "paying up" on the rollover

anyhow ... nice overnight move in Gold and its cousin silver

 

[GlobalFinancier]

Well? Keep buying 639...

 

[krazykarl]

im gonna wake up and london will be over 650....

 

[GlobalFinancier]

Bull bull bull, now I'm sitting on it till some compelling sell reason.

 

[GlobalFinancier]

I think the Fed will hike today... the market isn't expecting it for sure, so I'll dwindle up on my position. Selling half or so. 647, wait for Fed meeting to decide.

 

[GlobalFinancier]

648.38 Buying it back.