my first GOLD trade

What are those concentric rings on the chart? I think they show the Mars rovers flight path to the red planet.

 

LOL, puffy. those are fibonaci circles.


surfer

 

still flat in gold. awaiting trigger

 

its sure taking a huge move for that trigger !
did you pull it yet ?

good luck !

 

Broke major support today

 

we are SHORT gold here from 4024.

 

You may want to evaluate the reasons for the recent selloff,because the very same reasons that pushed gold to recent highs are still in place.The Fed will continue to devalue the dollar even if they actually raise interest rates.The recent selloff was nothing more than some gum flapping by Greenspan and the ECB.Please exhibit caution here.Goodluck.

 

if your target is $390, what is your stop ?

 

It's makin' me nervous when I see you short, marketsurfer.

I've been long YG since last summer and was not planning on going flat here.

I'm in this one for more of a long-term hold.

What is your time frame and stop?

 

when APR rallied back above his sale price?

or covered at 400 ?

to be continued