GOLD gold futures
Add to My Watchlist 0.51% ! $1,391.7

range trade on the move

  1. jongo
    2,504 Posts.
    lightbulb Created with Sketch. 154
    clock Created with Sketch.
    11/08/06
    11:07
    Post #: 1732203
    Appears to be trading in a range from 640 to 660. Now on the move up. With the longer term outlook for Gold bullish it is probably safer to buy the dips. If you are game, then short the peaks as well. The RSI(14) on the hourly chart seems to be working quite well. The bounce off 30% at 637 was spot on.

    Gold appears less risky atm than stocks, but at the same time is moving about enough to enable profits to be made.
    Value at posting: $0.00
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Johns Lyng Group enters scheme implementation deed with PEP
right-arrow Created with Sketch.
NUZ Positive FDA feedback on NUZ-001 strategy to lift clinical hold
right-arrow Created with Sketch.
NEWS Exploration drilling confirms large gold system at Abercromby Gold Project
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
right-arrow Created with Sketch.
NEWS Blue Moon first wedge hole intersects 543g/t gold over 1.2m in laminated quartz vein
right-arrow Created with Sketch.
NEWS Rincon Lithium Project to be powered by 40MW energy infrastructure
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.