Daily Trading Strategies on Gold/Forex

Discussion in 'Commodity Futures' started by Gold Trader, Jul 30, 2006.

  1. gold up a dollar, oil up a dollar, what's wrong with this picture?

    :confused:
     
    #111     Sep 25, 2006
  2. couldn't resist.

    Gold can't get no respect!!

    :(
     
    #112     Sep 25, 2006
  3. my view becomes neutral on gold @ 592.

    gt
     
    #113     Sep 26, 2006
  4. according to some indications, gold (spot) would be preparing to make a big move down. i think there would be more selling below 584~583 level.

    current price 591

    good luck

    gt
     
    #114     Sep 26, 2006
  5. Has anyone noticed gold has been up now for seven straight days, needs to close at or above $615.00 for me to get excited.
    Possible reversal here.

    :D
     
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    #115     Sep 28, 2006
  6. it is a little bit of against the trend. but i think it needs some retracement. my call is

    short-gold-spot @ 603.5
    stop @ 608
     
    #116     Sep 28, 2006
  7. exit short at 596.5

    good luck

    gt
     
    #117     Sep 29, 2006
  8. nice trade !

    any thoughts on the range this upcoming week ?

    will 594-595 in spot hold ?

    will 600 in spot be broken again ?
     
    #118     Sep 30, 2006
  9. gold is in a little bit of mixed mode and possible restest of 600 area momentaritly.

    however, as long as gold is trading below 607 (recent high), it is showing weakness and violation of 592 level would indicate another wave of selling.

    gt
     
    #119     Oct 1, 2006
  10. i hope gold would fall again to a certain level. we should sell at resistance with tight stop.

    current price @ 602.5
    short @ 602.5
    stop @ 606.5

    good luck

    gt
     
    #120     Oct 2, 2006