Daily Trading Strategies on Gold/Forex

I wonder what happened to make Gold sell off almost 10 points today, then bounce back?

640 key level now, JMHO.

 

its amazing actually - it sold off twice on volume and just gets gently bid back up... suggests strength but this is how is was trading before it got skull fucked back in the summer....

i am amazed there hasnt been more of a move. the dollar has blown through some pretty key levels....

 

roll over? feb volume start to be interesting

 

long @ 639
stop @635

 

gold rallied yesterday and it is very much likely that it would continue to rally above 650 approaching 656~660.

long @ 648.5
stop @ 644

 

vlo chart
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last month, i posted a chart for vlo.

i believe vlo clearly came out of the trading range.

all the indicators are showing to upside with some strength.

 

gold trader what r your objectives for vlo ? i just sold out on friday
thank you sir: phil

 

even the experts had price predictions all over the place
for this yr

http://www.lbma.org.uk/publications/forecast 2006/forecast2006_gold.htm

 

gold is slighly weak.

it would be falling today.

short @ 646.5
stop @ 649.5

 

my view is no longer valid at 645 after rebound from 640 today.