OffTheFloorTrader
Long

Is Goldie for real?

COMEX:GCZ2015   GOLD FUTURES
Goldie closed strong and has taken out a prior swing high. This is good news for those of us who are long. We expect her test the August highs and possibly the 2oo day EMA . Our stop is in and risk is defined. DO NOT chase at these levels. If this move is for real there will be more opportunities to enter. Trade well!
I see reversal from low and failure to match yesterdays high as an opportunity to go short, + your target #1 is now acting like resistance. 1145-1135 could be next move. Time will tell.
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OffTheFloorTrader CoolCreekCTA
Could be...price is consolidating at the highs which is bullish for now. You never know with Goldie...she is capable of anything. ;) Be flexible.
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CoolCreekCTA OffTheFloorTrader
Oh ya, using tight stop at 1169.9
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Good set up and lots of opportunity.
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Agreed...could be a nice move. Time will tell.
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AMBRISH OffTheFloorTrader
OFT, STRATEGY IS DEFINED,CHOICE AND PLEASURE IS MINE. HAVE FANTASTIC WEEK.
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