GOLD 0.51% $1,391.7 gold futures

gold, page-20467

  1. 534 Posts.
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    Hi Joe,

    my TA "system" sends out its fair share of false early signals, so I like to average in. I'm wrong on gold at the moment, I expected it to reject at 1158 and maybe at 1173, but I'll wait a little longer as I have a feeling an even better trade is coming up there. If it eventuates (and I'm right) I'll add a lot more the position, and my being wrong now will fade into profit (or break-even). If I'm wrong even more than I'm wrong now then I'll exit the trade and be wrong is a small(er) way. A loss is never nice but being wrong is part of the game.

    I'm very bullish on zinc at the moment also and last week bought zinc stocks.
 
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