Gold Triple Top Price Collapse Soon!!

I say you are in denial of a the strong upward move

 

Gold is going straight up to your margin call.

Ring Ring!!!

 

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I suggest you wait untill volume confirms a downtrend in Au and an uptrend in USD.

 

AND MY STOP LOSS IS...

 

What about USD though? I don't understand the technicalities, but in layman's terms wouldn't it be reasonable to assume higher gold prices if USD continues its decline vs other major currencies?

 

And what was the HOD today?

LOL

 

i say you are drawing meaningless lines.

 

LONG 845, stop 844, target 849+ (just a call)

 

Foolish chart

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1733205>

 

Scale out +$2 at 1st R