TA is far from an exact science, I'm getting better, but the one thing I learned a long time ago was not to try and catch a falling knife, because that's what 'stackers' loading up on gold and miners are doing right now.
There's no bottom, it's a bottomless pit, and if I knew where the bottom was I'd be a billionaire.
According to my calculations there is support at the current level, but if it breaks, then the next one is a lot lower.
Have fun with those tanking 'goldies'.
- Forums
- Commodities
- GOLD
- gold
gold, page-93284
-
- There are more pages in this discussion • 34,550 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online