DislikedLooking at 1560 and 73.
If it surpasses that zone I am loading a nice trade at 1500
50 week SMA - in between two upward channel lines. enforced by what should be STRONG horizontal support at.
Spit in the ocean attempting a long scalp. Goes a few bucks south either selling with a tight stop or sleeping.....Ignored
I did book my physical Gold during the weekend and managed to grab (was very difficult here in Dubai) 2 ounces. When I called the dealer in the morning he said we are not selling Gold today as there is no Gold in the market...some shortage. That tells you a lot I feel, the speculative market is out and now we may see a slow but sustainable rally in Gold.
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