Hope everyone's "enjoying" the blow off top in Gold. There's an inevitability about the imminent correction that leaves one a trifle nervous, but for now, it's one hell of a ride.
Would be interested to hear about people's exit strategy on this one. Here's my starter for ten: I have a trailing stop that is currently at 1325 in the December contract.
Gold Blow Off Top
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Excellent timing on that post Mr Canning
I have been up since 4.30 a.m so I went for a 2 hour nap this afternoon with Gold merrily pushing 1362 - I awake to see it merrily spewing at 1335 heheh - All small moves in the big picture - but still felt quite big !!!
I have been a Gold bear for about 4 years !!! I thank my personal God that I trend follow and do not trade what my opinions are as I would now be selling the "big issue"
I do know of a few people long for years who are looking for 3-5000 in Gold ??? The truth is - who the hell knows but the trend is up !!
I have been up since 4.30 a.m so I went for a 2 hour nap this afternoon with Gold merrily pushing 1362 - I awake to see it merrily spewing at 1335 heheh - All small moves in the big picture - but still felt quite big !!!
I have been a Gold bear for about 4 years !!! I thank my personal God that I trend follow and do not trade what my opinions are as I would now be selling the "big issue"
I do know of a few people long for years who are looking for 3-5000 in Gold ??? The truth is - who the hell knows but the trend is up !!
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