Why Gold has to go down...

[Ivanovich]

Gold just got kicked in the balls.

 

[Anaconda]

Quote from Ivanovich:

Gold just got kicked in the balls.

It's down 2%. What an astronomical drop!

 

[SethArb]

looks like a shot for $1000 + prices again

later in the day

might have to lower my sell order though

 

[AMT4SWA]

Quote from AMT4SWA:

Selling out of all held positions added on the pullback over these past months now that $1006 price target traded today. Next targets remain at $1026.00 and $1066.00 per long term trade plan.

GO GOLD GO....COOL......

I will sell off another portion of GOLD today......$1026's hit.......very nice!

 

[AMT4SWA]

In the morning I am going to dump off another portion of my GOLD position.....$1054....$1056.....$1062.......heck, I don't care what the price is we are close enough to my $1066 price target to call it good......LOL!!! :eek:

 

[Rtrader2525]

Congrats man, great trade.

 

[AMT4SWA]

Now out of the portion of my LONG position I sold today......$1054's....not bad at all.

I see 1060's was tagged today.........WOW!

 

[Anaconda]

Quote from AMT4SWA:

Now out of the portion of my LONG position I sold today......$1054's....not bad at all.

I see 1060's was tagged today.........WOW!

You trading GLD, fut contract or bullion?

I thought you held mostly physicals?

 

[AMT4SWA]

I have been selling out of physical positions.....if you have 1 Troy Ounce bars right now you can still get about $1051.00 with the late day slight pullback in GOLD.