Why Gold has to go down...

Selling out of all held positions added on the pullback over these past months now that $1006 price target traded today. Next targets remain at $1026.00 and $1066.00 per long term trade plan.

GO GOLD GO....COOL...... http://www.youtube.com/watch?v=aDaTr8_QzdI&feature=related

 

40% down doubtful but anything is always possible

 

Looks like there is a lot of supply here. Price is stuck on very high volume. I smell a false breakout..

 

1k will soon be the old 700

 

Gold was at 880 in 87 and fell down to 420.

 

Heavy foot on 1000 as expected. This is getting interesting.

 

Pulled some early today below the $1026.00 level target to lock in additional profits....Sep contract was at 1019's high as Oct contract was at 1024's high. I sold off more of my position for 1017's today....good enough!

 

gold was pegged at $50 an once also. Quoting history is fun!

 

I actually was working on the comex in 1987

I must be getting a little old in the tooth

have my sell order in @ 1033.40 basis dec futures though just in case for
a tooth !

http://gold-teeth-grills.com/wp-content/uploads/2008/08/no-mold-gold-teeth.jpg

 

Please share your view on the manipulation theory.

Thanks!!!