You have a link for that? I'd like to read it.
Also, in physical buying even if you bought at 1180 and again at 1220 your AVG price per ozt is now 1200..... This can be applied to trades as well.
The lowest I think it could hit is 1050. Will it get there? Hmmm. Not even so sure at this point. 1100 will be tough to break as it still hasn't tested below 1180
Everyone thought that on the taper announce we were going to crash like 300 bucks.
Also, in physical buying even if you bought at 1180 and again at 1220 your AVG price per ozt is now 1200..... This can be applied to trades as well.
The lowest I think it could hit is 1050. Will it get there? Hmmm. Not even so sure at this point. 1100 will be tough to break as it still hasn't tested below 1180
Everyone thought that on the taper announce we were going to crash like 300 bucks.
Dislikedmarket made its move, everyone including me was waiting to tes 1180 but it tested 1187 and turned back, above 1200 my targets are 1214 and 1230 wish i coul enter earlier for long. i saw a comment today from commerzbank , they say after tapering is clear now gold can find its bot at 1220 area and now we can see a rally coz uncertainty is göne and ppl may start investing to gold.Ignored
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News