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; Sell gold . Current price 932.5 $. Stoploss 934.8 $ target 930.2-27.5-25.2-22.6-20 $...

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Old Jul 23, 2008, 11:09am   #401
 
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sujithsstorock started this thread Sell gold . Current price 932.5 $. Stoploss 934.8 $ target 930.2-27.5-25.2-22.6-20 $
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Old Jul 23, 2008, 11:12am   #402
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5 million? Wow, I havent heard that one. I had heard -500,000, -700,000 and -900,000.... (and also a few predicting an increase!) but -5 mb would be a serious chunk, and certainly have a big impact on post-report trading...

Interested to know whats your source? cheers
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Old Jul 23, 2008, 11:23am   #403
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So what's going on? Is the USD going to come down? it's still in an uptrend.
I'm not really sure what's going to happen. I could see another dump yet again today.
I always say if you're unsure, just let the "dust settle" or allow the "blood to flow" and watch the emotion start flying...

If gold cracks key support levels, stops will get triggered in a cascade of selling...
fear will also exacerbate the drop. It always works like this.
Buy fear when conditions are favorable...and it's not quite time.
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Old Jul 23, 2008, 11:29am   #404
 
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sujithsstorock started this thread
Quote:
Originally Posted by welshandy1 View Post
5 million? Wow, I havent heard that one. I had heard -500,000, -700,000 and -900,000.... (and also a few predicting an increase!) but -5 mb would be a serious chunk, and certainly have a big impact on post-report trading...

Interested to know whats your source? cheers
oops ,i counted one imaginary zero i guess thanks for showing the error. Its HALF a million barrel .
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Old Jul 23, 2008, 12:23pm   #405
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no worries
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Old Jul 23, 2008, 12:28pm   #406
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Still holding my position. I have additional orders at 930, 926 and if worse case senario I will hold position and buy more at 915.

I'm now in this for the long run and there is going to be big volatility. Gold currently 937.

They will not give this up easily so I favour to average down.

Make sure you have plenty of cash to hold positions if you choose to follow this method.

I do this since the market is so randam and expect the unexpected.

I think dow has topped out and will begin to fall.

Best of luck guys.
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Old Jul 23, 2008, 12:38pm   #407
 
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Originally Posted by yvij View Post
Still holding my position. I have additional orders at 930, 926 and if worse case senario I will hold position and buy more at 915.

I'm now in this for the long run and there is going to be big volatility. Gold currently 937.

They will not give this up easily so I favour to average down.

Make sure you have plenty of cash to hold positions if you choose to follow this method.

I do this since the market is so randam and expect the unexpected.

I think dow has topped out and will begin to fall.

Best of luck guys.
excellent . You doing the right stuff.Am buying physical gold too.Now its personal with gold. I Won't give up buying.
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TRAIL stoploss hit >>A king is born"

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Old Jul 23, 2008, 12:42pm   #408
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Our you buying long or short
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