Also true...but was just thinking to go against the trend for the correction and then exit... that all...
I was just wandering how far can it go...?
long gold here @ 1265 target order 1350. with stop loss @ 1230. About a 1:3 risk to reward ratio.
We have gotten a break above resistance. A close above 1265 will confirm the breakout. I am targeting 1350 because I am projecting the distance from the channel that we were win from 1170 to about 1260 which puts us at about 1350.
I have attached GLD we are breaking out on larger volume as well above the resistance which is a good sign and we are still early in the session.
Hahaha nice.. Dude, I'll be shorting not lower than 1.60 even that is
too low
Look for Amero, it might hit your target 1.05.
Excellent, just excellent - this is what this thread needed, but this will happen all over again tomorrow, you know that don't you. Good post though.
I am out of Long Gold Position at 1350 for about 10k. I wish my other trade had worked so well when we got the head and shoulders fakeout on the Euro lol it completely backfired.
Anyways sissie, I told you we would probably see 1350 within at least 3 months.
