I've been out for a bit and come back to 1244.05! Hmm...don't know where to go from here, so I guess i'll head back over to the FX world for a while until I see any sign of topping in xau.
DislikedShort at 1232.80 with a stop at 1251.35...no target yet.Ignored
DislikedClose call on my stop Friday. PA is leaving me at break even at the moment. Still hanging on, i bounced my stop up .50c for this week to allow for volatility. I still don't really have a target, but would close 1/2 at 1170 and put the sl at break even just to see where the other 1/2 goes.Ignored
Dislikedgood call on your short.
i notice au moves in $25 jumps. so figure 1175 is the next stop.Ignored
DislikedIf sell prices rises to 1196 I'm going to pull the trigger for a longterm short.
DislikedWhere do you see the short term position in prices of Gold?
Do you think emerging economies might pursue after gold to reduce their holding of US dollars and could it increase the prices of Gold? China in particular is sitting on a huge stockpile of USD.Ignored