GOLD 0.51% $1,391.7 gold futures

int monetary system’s breakdown is underway, page-8

  1. cha
    5,784 Posts.
    lightbulb Created with Sketch. 632
    some good points being made here.

    gold is still in a technical retrace.
    dow has fallen one night only.

    if dow really collapses then all stocks suffer including ncm etc.

    if dow has a minor retrace this week then gold will have a minor bounce before it resumes its falls.


    i am waiting for the next big collapse for a safer entry point for substantial buys but do have some day trades.

    yesterday ncm was a safe buy at its first support at $27.70. I missed the boat and then bought at $27.79 but as a very short term trade. it bounced off $27.70 beautifully.

    today the safety margin is reduced. it should close higher but today is a gamble and not a trade.

    I am horrified at some of the risks being taken especially on gold and ncm.

    enough said.

    good luck all and happy and safe trading.

 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.