Tell me about it!
I just got stopped out of my Warrant covering Dec Gold.
GRRRRR! ZGCKRE is tha warrant issued by RBS and highly leveraged with an automatic stop.
However the chart shows that a break of $1,800 may precipated a much greater fall.
I quote Collin Twiggs from Incredible Charts:
"The situation can change rapidly, however, and some contrarians believe that gold is over-bought. Reversal below support at $1800 would break the ascending pattern and rising (secondary) trendline. All bets are then off and reversal below $1750 would complete a double top, threatening correction to $1500."
- Forums
- ASX - By Stock
- us jobs, inflation, manufacturing
Tell me about it!I just got stopped out of my Warrant covering...
-
-
- There are more pages in this discussion • 6 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
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online