I think uncertainty in the current trading range of gold, might answer some questions. Gold is stuck between resistance at $620 and $570/580. It can go both ways, and most people it seems to expect it to go south. Gold needs to build a base at current levels, before I suspect it moving higher anytime soon. It seems that gold shares are discounting this risk into the current price, but I could be wrong. I'm waiting for a move above the $620 levels. If current $/R prices remain gold shares will shoot the lights out. omo
Guys ,guys ...Gold sector will be Huge 2morrow(Monday).. Will be looking to buy some warrants or Futures .. 1)Gold had Big Run yesterday , a proper run and 2)not nullified by the exchange rate ... 3)Whole gold sector oversold Bullish sign I hope i am right , Trading is not for the week ...
No Barry, I also think HAR is the easier trade and got into HARDBI today. HAR turned exactly on a support line, and I figure the risk/reward is much better on HAR. I jumped the gun by one day on my indicator triggers, but it was pretty clear that they would fire based on today's move. My stop for today/tomorrow is at 9450 on the underlying.
looks like i am seeing by Ass ...Along with one or two others ,,,But it will have to turn soooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooon. Any thoughts