GOLD 0.51% $1,391.7 gold futures

The state of gold, page-7

  1. 3,217 Posts.
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    Stalking lol, stop being paranoid Daytr. Given that 70% of daytraders lose money in the long term, I don't think trading overnight gyrations in POG is a very good idea, but just my opinion.

    As I've posted recently, I think gold might be a worth a look if it drops to 1130-50 area, for a trade long. Based purely on a current weekly trendline assessment. Gold is in a clear bear trend , so I'd be wary of that if indeed a fall to 1130-50 eventuates.

    Why bother trading gold outside of its trendline bounces? Its just guessing
    Last edited by johnyb26: 19/02/15
 
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