Near term gold correction.

Discussion in 'Metal Futures' started by spersky, Mar 29, 2008.

  1. spersky

    spersky

    Currently, I am short gold from 930, and expect it to go to at least 840's or lower before we see it stabilize, and start to head higher.

    Good luck all
     
  2. you might get your wish ... but being you are short from these levels and we just sold off friday you might want to re consider and cover if prices go against you some %

    you could always re - enter at higher prices

    good luck to you
     
  3. The best chance for a pullback will be tomorrow. From the looks of it, after that, the week will be up as data comes in.
     
  4. spersky

    spersky

    Yeah, my stop is at 955.6 currently and I adjust it daily.