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

[sujithsstorock]

Risky buy gold at 915.5-16 $. Stoploss 913.8 $.Target 917.8-919.5-922-925 $

 

[sujithsstorock]

Hi Rock,

Just joined this forum.

i think if gold breaks 910 we could be on our way to 850 ish

patong

yes possible.A closing below 880 $ confirms it.

 

[sujithsstorock]

Gold got strong support at 914 $. Below it and if holds, can give 907 $.But 925 is still alive.

 

[sujithsstorock]

Expected inventory is -0.9 million barrels.Thats good for gold.And if its below this rate,gold will shoot.

 

[CrashGuard]

Expected inventory is -0.9 million barrels.Thats good for gold.And if its below this rate,gold will shoot.

where you are getting inventory information?

 

[sujithsstorock]

Friends.

 

[tantra]

you can get the expected inventories off bloomberg.. but the problem is what the actual figures come in at...! Unless we know that, its just a bit of a gamble to be honest!

 

[Wideboy]

I shorted last night at 916, target 900 then 893, then 888

 

[sujithsstorock]

Gold got strong support at 914 $. Below it and if holds, can give 907 $.But 925 is still alive.

907 $ met.Stay in short.Don't buy.

 

[sujithsstorock]

Crude is sell on rise. But target is 120.6 $ only. Sell and hold below 120 $ only.

 

[sujithsstorock]

Sell gold with stoploss 914. Current price 908 $. Target 905-903-900-896 $

 

[Mr.J-Arthur]

Can't wait to see gold in the 8's.
Will buy most certainly!

 

[CrashGuard]

whats the news on inventory?

 

[welshandy1]

summary Inventory details not released till 10:35 US eastern time

 

[welshandy1]

Hey Suji - Im with you on that short @ 908

 

[sujithsstorock]

Sell gold with stoploss 914. Current price 908 $. Target 905-903-900-896 $

first target nearly met. Profit of 3 $.Use trail stop strategy.

As crude can ruine the game.He behaving like stepping on a spring when 121.3 is hit.Bouncing off.Might rally up.

 

[sujithsstorock]

Sell gold with stoploss 914. Current price 908 $. Target 905-903-900-896 $

second target hit. Current price 902.5. Profit of 5.5 $ enjoy

 

[welshandy1]

Hey Suji - do you trade multiple units at a time, and then set orders for dumping at each of your targets? Or do you trade 1 unit and then move your stoploss to the target?

Would be interesting to know what systems people use for management of targets.

 

[Wideboy]

second target hit. Current price 902.5. Profit of 5.5 $ enjoy

Welldone
I'm still holding my short, +10 so far, locked in 8

 

[welshandy1]

nice1 Wideboy