Trade Update
Still holding gold shorts, they are on the slow road to nowhere currently.
S&P futures made a sharp move off daily lows at 1171 on Thursday, I was hoping any bounce from that level would have been a little more sedate than that. Still holding shorts and will continue to hold unless 1200 breaks.
Stopped out of au longs for +60 pips. I won't trade au again until next week.
Charts suggest that GU will continue its up move, I will be looking for a short around 1.5414 if it gets that far.
Still holding gold shorts, they are on the slow road to nowhere currently.
S&P futures made a sharp move off daily lows at 1171 on Thursday, I was hoping any bounce from that level would have been a little more sedate than that. Still holding shorts and will continue to hold unless 1200 breaks.
Stopped out of au longs for +60 pips. I won't trade au again until next week.
Charts suggest that GU will continue its up move, I will be looking for a short around 1.5414 if it gets that far.