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

[aksandiego]

keep tight stop


sell gold at 755.2 $ stoploss 758.5 $ tgt 751.5-749.2-747-743 $

right now its 754 , do u think i miss the boat.. should i short or wait

thanks

 

[sujithsstorock]

u got the boat ..

 

[55mph]

euro just poped up past 1.41

 

[aksandiego]

u got the boat ..

yup just get in the boat hope will be a nice trip

 

[bbillcee]

u got the boat ..

suj you use spot or futures price?

 

[TrentT]

right now its 754 , do u think i miss the boat.. should i short or wait

thanks

You have to make your own decision, it's difficult.

I'm going on Euro rising - but Gold not following it up - and
sujith and rodin's post - this rising wedge.

I've added another sell trade - 3 now.

If nervous - stay out

 

[bbillcee]

suj you use spot or futures price?

never mind

brain freeze

 

[sujithsstorock]

hope it a nice ride down.

i am using spot(bid) in entry stop n even tgts

 

[Wideboy]

Price hasn't gone where I expected, if this hourly candle does not close strongly above 754 I'll be reversing my position.

 

[TrentT]

4 trades now! Can anyone hear a drum roll of suspense ..

 

[sujithsstorock]

update stop to 757.8 $ cant say where the rally will lead too

 

[55mph]

isn't it time for the shorts to begin to cover before the nymex opens?

 

[Wideboy]

Hmm, ok we have an hourly close below 754, but still not sure.
Don't want to get caught out jumping in and out of a whippy market, will hold my original long position and see what happens for now...

 

[sujithsstorock]

take 753.8 $ as a tgt too....trail stops n keep on booking.

 

[artful_dodger]

i'm gonna get wiped out...long from 756

 

[bhesania]

hey sujith... i guess u were bulllish on gold..??

 

[TrentT]

i'm gonna get wiped out...long from 756

Errr.. Stop Loss? It's only 753 now $3 loss - get out

My opinion ..

 

[sujithsstorock]

enjoy short 752.7 now :d

 

[sujithsstorock]

hey sujith... i guess u were bulllish on gold..??

yes over all bullish..but if i see a 3-5 $ profit ...why not to sell? :smart:

 

[bhesania]

ya thats true.. but i will sit on the boat when u give a call to buy..