Dislikedaccumulating gold etf, especially GDXJ to play longer term upswing, no stops. I think gold is carving bottom. CT what is your longer term view ? {image}Ignored
My view of spike in south may get invalidated.
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Trading Journal (only my take) 385 replies
Trading gold and silver only 59 replies
An idea for building wealth...using only gold 9 replies
GOLD traders only 90 replies
Dislikedaccumulating gold etf, especially GDXJ to play longer term upswing, no stops. I think gold is carving bottom. CT what is your longer term view ? {image}Ignored
Disliked{quote} Ok, whats your fact then? Technicals play the biggest rule, Most of the traders believe.Ignored
Disliked{quote} Hi, May I ask where you see the head and shoulders forming? I do not see it but I'm still sleepy. Best regards, FrietzakIgnored
Dislikedvery strange price action to metals. Plattinum drop 3% palladium drop 4% today but gold and silver up 0,5%, why precius metal not follow others?Ignored
DislikedGold seems to be holding the 50 ema on the 1 hr chart; maybe the the iraq/oil situation trickles down into safe haven buying in the short term... Plus if the S&P continues to fall today...perhaps this might help in pushing gold up slightly... *for me personally* the gold market currently doesn't seem attractive to trade...too less volatility does not go well with my style of trading..currently for the last couple of weeks the oil market is providing good volatility to trade! I am still waiting for price to hit 1280 resistance (and it must have been...Ignored
DislikedI'm with you my friend.. not making much coin on the metals in the past 2 weeks. damn you quiet periods! My gold/silver account has been quiet, but my currencies account has had a ball {quote}Ignored
Dislikeda decent retracement was expected, bears couldn't push any harder with this steep movement! from my past experience with gold, it's usually very much attracted to 23.6 & 50 Fibbo retracement, so as we have passed the 23.6, I'm looking for reversal signs in 1266 - 1271 zone to enter short (see below chart) {image}Ignored
DislikedOK, some bad U.S. numbers...but look at those upward revisions!!Ignored
Disliked{quote} will it affect gold n make it continue move upward or still bearish pressure ?Ignored