Gold

Long from 1244.96
Stop=1230
Limit Target= 1324

May add if 1267.80 goes.

Come on the bulls, now's the time to push this north!

This broke out nicely from the 123 low trade during the night...that's the advantage of having an order to open. .this should be a free trade now..

remo wrote: This broke out nicely from the 123 low trade during the night...that's the advantage of having an order to open. .this should be a free trade now..

Beautiful call Remo, and great call on the S&P too.


There you go bringing back memories of the excellent calls made on the ol' XTA board!

Libero wrote:

remo wrote: This broke out nicely from the 123 low trade during the night...that's the advantage of having an order to open. .this should be a free trade now..

Beautiful call Remo, and great call on the S&P too.


There you go bringing back memories of the excellent calls made on the ol' XTA board!

I do miss the good old days on the xta board
It seems a long time ago ....Or is it me getting old very quickly

remo wrote: This broke out nicely from the 123 low trade during the night...that's the advantage of having an order to open. .this should be a free trade now..

Looking good but would be better once it breaks 1300, today preferably

I have 1324 as a level to bank profit but something tells me it could explode higher towards 1450 over the coming weeks with 1300 acting as a decent level of support. So maybe I'll let the whole trade run instead or bank half at that level. Decisions decisions....

Gold has been sold down massively so maybe the bulls want to some heavy price action northwards whilst the moment of opportunity is there.

I like big moves.

dl.dropboxusercontent.com/u/7238706/Gold%20Ounce%20USD.png

For me the important level to confirm the uptrend is 1322: a break of this and we have reversed the trend. The target is then between the 50% and 61.8% fibs of the last cycle, and a handy resistance therein would be 1530.