Trade idea - 2
4 Comments for:
Move your Stops to 637/639 level now
Or Close your all Positions and Short sell, cause now it should take a little dip.
And then enter back
Eye target for 638
And 630
Cheers
posted by GoldTrade @ 10:38 AM
4 comments
4 Comments:
Marco,
Dont Panick
What price you short your position?
We are sure there will be a downward push.
Keep your Stop at 646.
anything, let me know
And as price moves down.
Move your Stop order down as well around $1.50 / 2 down.
But i feel Eyes at 635/630 level range dip.
Gold is So much in Over Bought, and it should come down, a little to begin its upwards.
We have also kept our Stop orders too.
Oh thats good Level to get Short.
So no need to panick
Keep your Stop at 646 level
But definate gold will go down, cause little profit taking will happen in Asia thats what i feel.
Cause people were long in Asia/Europe And today they might do Profit taking
If $3 up down or so, dont panick.
Keep Eyes at 638 and then 635 and then 630
Cheers, I will also post more updates.
Any thing, any problems, just post comment, and its my Policy to reply ASAP to all of my clients.
Marco,
Regarding Asia Market today
There is very Little Liquidity right now in the market for both Silver and gold.
So NO Correct direction is Emerging currently
However, technically Speaking.
It should come a little low, And then Push Back up again
It went Low 639.90 And then Pushed Back up
Asia is Normally confused sometimes as what to do, Whether to increase a little or decrease.
I assume Europe shall make the price a little down and then also increase too.
Give it 2-4 hours more, and i will be around, and Advice what next should be done, After Analyzing the status in 2-4 hours time.
Cause right now Market stays around the same level still.
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