I haven't traded gold for a long time, was waiting for this dip, I wouldn't sell with a target under $1000. I'll put limit buy orders on $1000, $925 and $875 with a TP $1065 and $1175. What do you guys have in mind ?
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Joined May 2009
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Status: I do it MY way!
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I had a great time shorting this thing, but am now stepping aside to see how price behaves near the lower green line. Hopefully for the longs this holds ...
I had a great time shorting this thing, but am now stepping aside to see how price behaves near the lower green line. Hopefully for the longs this holds ...
I had a great time shorting this thing, but am now stepping aside to see how price behaves near the lower green line. Hopefully for the longs this holds ...
Ignored
I posted an update of this chart on my blog, showing that yesterday price bounced from that green line.
Hi Hell, in your update where you say "to reach the target of the blue flag", does that refer to those little parallel horizontal blue lines that go down towards $1159. Thanks, Jab
Hi Hell, in your update where you say "to reach the target of the blue flag", does that refer to those little parallel horizontal blue lines that go down towards $1159. Thanks, Jab
Judging by recent daily PA, I would tend taking the bullish side. A long trade from 1080,25 to 1170(TP). After all USD gains are a question of time. The currency is condemned to be depreciated in the following months.
...no one knows the future, we can just make educated guesses 
