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; I will be posting my calls in comex gold here.Anyone's call with some logical approach is welcomed....

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Old Jun 22, 2008, 2:26pm   #1
 
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Gold calls.Long term -medium term and intraday calls in gold is here !.

I will be posting my calls in comex gold here.Anyone's call with some logical approach is welcomed.
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Old Jun 22, 2008, 2:34pm   #2
 
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sujithsstorock started this thread Buy GOLD at 901 $. Stoploss 895.2 $. Targets 907-910-915-918.5-922-928.
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Old Jun 22, 2008, 2:57pm   #3
 
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the two recent highs at around 910 are showing negative divergence on the 60 minutes chart
(macd, rsi, cci, momentum, anything you care to mention is screaming "negative divergence")
I'd be wary of going Long until the divergence flattens out, but I tend to agree with you that the Long side is the place to be looking for trades right now...
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Old Jun 22, 2008, 3:35pm   #4
 
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sujithsstorock started this thread Bro i know. All trades are risky. But thats why ' stoploss ' is there for. And risk to reward ratio is favourable.Personally until 890 $ not broken . . . No bears.Summer season is nearing and gold should make a decent top above 910 $ before starting its usual summer decline till september.This should be the last of bulls for next two months. My personal view .
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Old Jun 23, 2008, 3:14am   #5
 
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sujithsstorock started this thread Gold first target of 907 $ achieved
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Old Jun 23, 2008, 11:26am   #6
 
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sujithsstorock started this thread Sell gold at 903 $. Stoploss 906.5 $. Targets 900.5-898.2-896-893.8 $
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Old Jun 23, 2008, 10:52pm   #7
 
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Well guys, gold dropped about 280 pips this afternoon - and I got 200 of them...
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Old Jun 24, 2008, 2:44am   #8
 
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Quote:
Originally Posted by £10kLoser View Post
Well guys, gold dropped about 280 pips this afternoon - and I got 200 of them...
Nice one, 10k is that a "normal" thing for Gold to do or did you get lucky?
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