buying gold here?

I'd love it back down by $460 again. How optimistic is that?

 

That's a bit too far

 

That's why I said it was optimistic....

I'll probably buy more at $510 as I might not be able to be quick enough at $490 - that should be a very quick bounce.

 

I got in at 544.9 (cash gold price) and scalping around my position since. All the technical mumbo jumbo is pure horseshit, be lucky you could enter gold. For a while it was shooting straight up.
I sell some when it runs up and buy some when it sell off (if ever)

 

best to your trade

 

anybody shorting zg here?

 

hard for me to believe all the index futures traders
are not looking to occasionally trade some gold or silver with all the recent volatility

or even the oil traders .... or fx traders

 

COMMODITIES:
GOLD: appears to have recently completed a wave 4 flat, I'm expecting new highs shortly.

http://spaces.msn.com/caldaroEW/

 

New Highs today!
Should go further too ...

 

Gold: continues its uptrend, flirting with $600/oz, expecting the rally to continue a bit higher.