GOLD has topped !

Discussion in 'Commodity Futures' started by EmAy, Aug 10, 2006.

  1. Joe average in Germany might have been listening to Mark Faber's blather about gold reaching $5,000 an ounce.
    The absynth must be especially good there in Germany!
     
    #21     Aug 11, 2006
  2. EmAy

    EmAy

    damn, it will not hit my entrypoint....gold is long in 60 min timeframe....we have time !
     
    #22     Aug 11, 2006
  3. EmAy

    EmAy

    636 downbreak, i m short !
     
    #23     Aug 11, 2006
  4. EmAy

    EmAy

    Ready for a new crash ?

    [​IMG]
     
    #24     Aug 11, 2006
  5. What ct you trading?

    deece ZG didn't break 636. The low as of this post is 636.60.

    I am flat, just covered a sht from earlier today.
     
    #25     Aug 11, 2006
  6. EmAy

    EmAy

    i see... i bought put options on the XAU.

    See my chart:
    Low today 625.59 !

    [​IMG]
     
    #26     Aug 11, 2006
  7. EmAy

    EmAy

    Jayford, u got a chart of your ct ?

    I let my profits ride and stay short. i think this is just the beginning....lower my stop to 638 !
     
    #27     Aug 11, 2006
  8. EmAy

    EmAy

    who is rajiv ?

    u talkin' with me ?
     
    #28     Aug 11, 2006
  9. I don't even know how to post my charts here.

    I'm a day trader, and gold is one of my main markets that I follow. I wouldn't be much help to you as I never hold anything for more than a few days, and even that is rare!

    Cheers,

    Jay
     
    #29     Aug 11, 2006
  10. Gold looks worse, but my Silver chart offers a clearer signal down to the time-profile TL:
     
    #30     Aug 11, 2006