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$1,391.7 gold futures

"Don't be left behind" by Egon von Greyerz, page-176

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AverageJoe

41,336 Posts.

1007

20/09/17

11:42

Post #: 27338202
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Originally posted by Goldbullsach ↑

Shorted it from 1320 down last night then played the pips today with very tight stops( surprisingly well for my skill level) but now holding off to see what NY does. Can imagine stop raids this week could be brutal so will see if I can hold off for a bit and control the urges. Will look to short again tonight if it's the direction of choice

I see 1290-1295 as most important here and believe it could be tested in next 2 days. If no hawkish speak from fed I can see it bouncing hard once again into 1350 and will want a slice of that move once low spike has played out (if it does in fact break 1300)

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I played a long yesterday morning, nothing worth talking about and minimal gain.

Gold is slowly crawling back up so I think the bear swing could be coming to an end.
2 Upvote

0 Great analysis

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