Re: GOLD: Sees Further Downside Pressure
Seasonal direction is right on schedule. With March being a bullish month the run started a week early this year.
I believe that it was manipulated to these levels for govts' to add to thier gold reserves. I am long and safe from the cup formation on...
Re: GOLD: Vulnerable Below Declining Trendline.
After last nights trend reversal at 9 pm ET I am long gold from 1556.0
First scale was today at 1585, my stop is now 3 pts green and will look for higher prices with a yearly goal at 1776.
Why 1776?
I have bought physical gold since the year...
took off my long position here at 1680.50. 1680 in the past has been resistance and being new to futures trading (3 yrs new) am never upset when I take profit.
Thank you for the opportunity to share here.
Cheers
With 666 a number we all will never forget, I chose to take 1 contract off at 1665.0 overnight and was filled.
The Market has a memory thats amazing.
Cheers
stop goes to 1645 .I day trade very little and this is a way to make a nice profit every day on a 2 lot even if my goal is not achieved.
Come on 1700 ;)
1795 was here 3 short months ago.
Can you tell me why its not possible in 2013?
I am sure you know the manipulators can do whatever they want with any commodity.
I'll take my chances buying below any moving average and waiting to short when we get above thanks.
Cheers ;)
stop now goes to 1640. to stay long this Month we have to have higher daily highs for me to stay long.
I try to keep it simple.
My goal is to try to get a trade to 1700 by the end of this week.
I still wont look long for a longer term until I see if February is as bearish and volatile as 2012...
Not me, I let the Market come to me, posted in another gold forum here be patient.
Resistance in June and August last year acts as support. This morning I am long from 1626.80.
Profits started at 1650 stops safe at 1635. If Gold acts like the majority of years we should see higher prices end...
great place for shorts to take profit is first 1662. 200 day ma. then When the newbies tried to buy that 1662 today they gaped it at that spot exactly I covered my last short today at 1640 and will wait forJanuary to get long for 30 days ,then Feb can be bearish so will wait to go full boat long...
Seasonally norms are for gold December to test yearly lows. I am not at all surprised nor will I be when it bounces off the 200 day ma.
Expect Indexes could see a significant 20% drop from these levels alos.
I have said before "be patient for prices below 200 day ma and sell your positions...
being all cash is not a bad idea I ran AAPL from $93 to sell at $500 and tossed it aside to use 1/2 my profit to buy something beat up.
The only stock I am long at the moment is GMCR which with coffee possibly becomeing more difficult to produce at $20 I found it to be a bargain this year.
I...