Trading looks similar to what happened in March, but in reverse.
Went above $1000, then came back down below. Didn't quite make it back above, then retreated heavily as longs closed their positions.
Now we have it going below $850, comes back above, but hasn't properly pierced it again today. Now according to this article - timing is the key. So maybe those chasing it down shorting it - may be getting burned this evening. Fingers crossed - but I find this interesting and pro trading companies must be following it - triggering activity.
http://www.kitco.com/ind/Gilbert/apr302008.html
See what you think.
- Forums
- ASX - By Stock
- GOLD
- i am calling a bottom
i am calling a bottom, page-40
-
- There are more pages in this discussion • 20 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
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online