daytrading july 29 morning, page-92

  1. 32,651 Posts.
    GOLD. I agree needs to move up above $1350 and get to above $1400 asap. But has set higher lows and on good uptrend since $1180 low. Seems like it would do best to just sit at $1300 and lock in.

    But that can't happen so the longer this goes on the higher risk of $1200 test again obviously.

    I see some hesitancy in some of the key gold stocks so I'm not keen on ST/LT atm.

    Another bounce off $1300 would underpin some trades. imo
 
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