Dislikedwith a sequence of lower highs Gold looks prone to more downside risk, likely to test 1190-1200 area. Due to correl with AU will result in lower AU rates. Weekly AU price action - downwards sloping channel. Monthly AU - two spinning tops @ year pivot. Reason enough to short sell into rallies. {image}Ignored
- #77,708
- May 27, 2014 9:50am May 27, 2014 9:50am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #77,712
- May 27, 2014 10:34am May 27, 2014 10:34am
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If skills could be acquired by watching, every dog would be a butcher. Turk
- #77,715
- Edited 11:42am May 27, 2014 11:19am | Edited 11:42am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
- #77,716
- Edited 12:08pm May 27, 2014 11:35am | Edited 12:08pm
- | Joined Jul 2011 | Status: Trader | 1,356 Posts
- #77,717
- May 27, 2014 12:11pm May 27, 2014 12:11pm
- Joined Apr 2011 | Status: Free Palestine.. | 1,567 Posts
If skills could be acquired by watching, every dog would be a butcher. Turk
- #77,718
- May 27, 2014 12:13pm May 27, 2014 12:13pm
- Joined Apr 2011 | Status: Free Palestine.. | 1,567 Posts
If skills could be acquired by watching, every dog would be a butcher. Turk
- #77,719
- May 27, 2014 12:27pm May 27, 2014 12:27pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #77,720
- May 27, 2014 12:30pm May 27, 2014 12:30pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them