GOLD 0.51% $1,391.7 gold futures

Daytr I know you are a gun trader who repetitevly picks bottoms...

  1. 3,217 Posts.
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    Daytr I know you are a gun trader who repetitevly picks bottoms in gold and sells high with slim margins and high investment, but I am worried about TRY. It doesn't look good to me technically, and IMO you might be going to lose money on this one.

    First the POG chart looks bearish:

    gold 5 yr.gif

    And the daily chart for TRY doesn't give any bullish signals either...

    TRY daily first.png
    And the weekly chart is even more bearish:

    TRY daily.png
    Monthly also bearish:

    TRY monthly.png

    No doubt you will have tight stop losses in place to protect against losses. Ill post this in TRY forum as well . All the best with this one, you'll need it.
 
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