USD Gold Tiring?

[GarethJ]

Starting to look a little tired? I got out of all my Gold mining Share longs today. Any traders with software able to do some TA on USD Gold? Could be time to short some miners if Gold on a pullback.

[#2]

Well i do see that we had a inverted H/S which did break out ... Maybe test the neck line ... then the run to target 1200 to 1300

[Ninja]

I think the price will correct to the $980 level before going back up....a little patience should offer a nice re-entry point.

[#4]

If you didn't sell at 1025 then I say hold.... I expect a higher high next week. The gold chart has never looked any better. Interesting to see a weaker rand is not even effecting thegold stocks today, proving we are only POG driven at the moment.

[#5]

I don't think we will see gold that low again...lowest 995 or so. . but will see

[GarethJ]

I sold all my Gold Mining shares yesterday because I needed a good night's sleep! Holding them over the last few weeks has been nerve-wracking as they move dramatically with every shift in Gold Price. I am waiting for a pullback to low 1000's to re-enter again. I wouldn't short gold stocks yet though.

[#7]

ha ha yes also wouldn't short as they all looking so bullish. I notice most gold shares are under strong resistance this week.

[#8]

I have recently gotten out too quickly on Harmony moves. Holding on a bit longer and keeping an eye on my stops.

[#9]

we break 88 then we are off to 98 !! ;):):)

[KVW]

Seems we're all holding for the break, I honestly thought HAR would break the 90, still cant believe its so far behind GFI after leading it for so long, will we see the 100 mark soon? I think so. Dollar still going to weaken which drives the Gold Price. 1050 next week.

[#11]

gold is back over 1015!!! That is very very bullish for a good Friday close

[#12]

I want 110 - 115 level

[fng]

Did you have to speak so soon? dropping like a Stone!! 1200 now and an hr. to go before friday close!

[#14]

And its another hard knock in the wind for Gold. Stumbles a little and looks to recover but needs a timeout to refresh....