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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 Metals forums, part of the Commodities 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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Jun 27, 2008, 2:03pm
| #33 | |
| Senior Member Join Date: Jun 2008 Posts: 249
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Jun 27, 2008, 3:11pm
| #34 |
| Legendary Member  Join Date: Jun 2008 Posts: 3,605
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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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Jun 28, 2008, 7:13am
| #35 |
| Legendary Member Join Date: Jun 2008 Posts: 3,605
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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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Jun 29, 2008, 5:54am
| #36 |
| Legendary Member Join Date: Jun 2008 Posts: 3,605
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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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Jun 29, 2008, 9:43am
| #37 |
| Senior Member Join Date: Jul 2007 Posts: 157
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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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Jun 29, 2008, 10:41am
| #38 |
| Legendary Member Join Date: Jun 2008 Posts: 3,605
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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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Jun 30, 2008, 12:56am
| #39 | |
| Legendary Member Join Date: Jun 2008 Posts: 3,605
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Jul 1, 2008, 4:53am
| #40 |
| Legendary Member Join Date: Jun 2008 Posts: 3,605
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Gold sell at 927 $. Stoploss 932 $. Target 920-915-910 ^. Do with your own logic. |
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« Steel capacity shift to coastal regions is general trend
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Shangang substantial integration starts »
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