Shorting GOLD for a day

Discussion in 'Commodity Futures' started by ALEXGOLD, Apr 7, 2015.

  1. ALEXGOLD

    ALEXGOLD

    Can't find a better trade for a longer period. Can continue to decline, but will it worth it waiting? Not sure, will exit tomorrow.

    trade2015apr7.png
     
  2. xandman

    xandman

    You just want to fill the gap? Looks like there's quite a move in there.
     
  3. ALEXGOLD

    ALEXGOLD

    in a while I will post a graphical explanation of this trade, but major move down is today, so that's why I shorted it yesterday. The price prediction is available till 20th of April, but is not tradable (no sound strategies, no big moves).
    Also there is no hourly prediction. try to calculate it today too.
     
  4. ALEXGOLD

    ALEXGOLD

    gld_2015apr_1d-part.png
    there is a possibility to short it again, but there is a good long idea as well
     
    Last edited: Apr 9, 2015
  5. ALEXGOLD

    ALEXGOLD

    good_stocks_for_april.png