I'd like to see 1610 hold, it was tested a few timesin the past 24hours and held. any dip gets bid up with some big money flows. I'm waiting for all the short covering to cause an explosion if this debt ceiling turns to poop.
On the other hand with options expiry's and profit taking we may see your 1605 today time will tell! good luck
My 2c
Mitch
On the other hand with options expiry's and profit taking we may see your 1605 today time will tell! good luck
My 2c
Mitch
Disliked,k We are all waiting to hear the descision on US Debt & I'm a Gold Bull. (Surprise)
But...
Haven't placed the Trade yet but 1,605 keeps hovering in my head.
Given the right "Bar Structure" matched with FA, that price could be my Biggest Gold Trade in Years.
B
EDIT* ADD
btw. check the time of this post. I expect Longs to take some casualties within the next 12-14 hours.Ignored