Gold calls.Long term -medium term and intraday calls in gold is here !.

This is a discussion on Gold calls.Long term -medium term and intraday calls in gold is here !. within the Commodities & Money Markets forums, part of the Markets category; Originally Posted by sujithsstorock Low was 917 $ then hit stop.Market not showing weakness. Do you think its to late ...

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Old Jun 27, 2008, 6:03pm   #33
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Quote:
Originally Posted by sujithsstorock View Post
Low was 917 $ then hit stop.Market not showing weakness.
Do you think its to late to sell at 928$?
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Old Jun 27, 2008, 7:11pm   #34
 
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sujithsstorock started this thread Don't sell till wednesday.Am eyeing 955 $. Stoploss 924 $. indicators are negative but am trusting crude's breakout.Confusing scenario .
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Old Jun 28, 2008, 11:13am   #35
 
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sujithsstorock started this thread Gold can re test 915 $ support before crossing 930 $ barrier.Alternatively ,if a gap up opening occurs on monday above 930 $ then he can see rally up till 940 plus.



Crude broke triangle formation with confirmation.It can kiss 146-148 mark in coming days.Alternatively,a break back to 138 $ can show 131 $. Thus it on knife's edge !
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Old Jun 29, 2008, 9:54am   #36
 
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sujithsstorock started this thread Risky

sell gold @ 928-929 $. Stoploss 931 $

targets
926 (trail sl 930 $)
925
922.5(trail sl 926 $)919.6
915(trail sl 921 $)
912 $
910.6 (trail sl to 915 $)
907 $ exit shorts.
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Old Jun 29, 2008, 1:43pm   #37
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Too risky here. I would not be fighting the trend (that goes for both Gold and Crude) purely due to the upside factors on both. But that is my style; position opposed to scalp. Oil to 170 shortly, gold back above 1000. I agree Gold could retest 915, this is where I will move if it does. I concur with oil to the high 140's in coming days.
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Old Jun 29, 2008, 2:41pm   #38
 
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sujithsstorock started this thread Euro nearing upper triangle breakout.

Gold near breakout of resistance 930 $

if no gap up opening happens . . . A re test of supports is likely.
Then
Euro dips , gold dips and crude tests 139.5

i can take a risk of 2$. If it goes my way . . . We get rewarded nicel
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Old Jun 30, 2008, 4:56am   #39
 
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sujithsstorock started this thread
Quote:
Originally Posted by sujithsstorock View Post
Risky

sell gold @ 928-929 $. Stoploss 931 $

targets
926 (trail sl 930 $)
925
922.5(trail sl 926 $)919.6
915(trail sl 921 $)
912 $
910.6 (trail sl to 915 $)
907 $ exit shorts.
gold first target 926 $ hit. Take out 60 % of your lots.And re short at 928 $.
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Old Jul 1, 2008, 8:53am   #40
 
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sujithsstorock started this thread Gold sell at 927 $. Stoploss 932 $. Target 920-915-910 ^. Do with your own logic.
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