Gold is going to get hammered

S

spersky

Gold is going to get killed in the Euro markets, and in the U.S. markets tonight and tommorow. The Dollar is on a tear right now against the Euro.

Mark my works. Get your shorts in now. I think the next stop most likely tommorrow is 840.00

Good luck

BTW, I am short 3 Contracts. So I do not make predictions and do not trade.
 
Recently,

Gold has been following the dollar strength very closely. I am not calling the end to Gold forever. I am just saying we will see some serious downside in Gold before it starts to recover again.

Short and intermediate term is very bearish for gold.
 
hey spersky

gold help up very well at 866 when the EUR/USD spiked down to 1.5285. I'm short-term BULLISH on gold

long @ 866.9
T/P 875
S/L 866.9

will scale in shorts soon
 
Hey Ronpaul,

The fact that Gold went down with skyrocketing Oil today is very ominous. I believe that the strong Dollar will be the catalyst for a Gold selloff in Europe/ and USA.

I have been noticing that the Markets in Asia/ India prop up Gold alot during this time in the night. Indian is finishing up with their huge 2 day holiday where there is a lot of gold buying.
 
Quote from PaulRon:

hey spersky

gold help up very well at 866 when the EUR/USD spiked down to 1.5285. I'm short-term BULLISH on gold

long @ 866.9
T/P 875
S/L 866.9

will scale in shorts soon
More...

arggh got stopped out overnight just barely... will short at 890 and double down at 910 if necessary.
 
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