MoneyTrust
Long

My Revised Gold Call

FX:XAUUSD   Gold Spot / U.S. Dollar
A couple of weeks ago, I published an idea in which I was bearish on gold             . However, gold             has refused to fall. In fact, the dollar has fallen sharply and gold             is acting as if it is being absorbed for a higher rise. Of course, I'd like to see gold             take out 1375 before I get too bullish but as of now, this is no market to bearish of. Probably the best move for the time being is to sit on your hands and wait for gold             to break out.

If I had to do make my initial call over again, I'd say the exact same thing still because the price behavior that was being shown by gold             at the time is usually indicative of a topping market. Gold's current price behavior is something that I've seen countless times on intraday charts and it indicates that gold             is about to spike up sharply.
@MoneyTrust ... Hey Buddy... whats your thoughts on Gold (Silver)??? Im heavy long with Gold so I guess its a matter of waiting it out. Thoughts/advice would be awesome. Cheers
Reply
MoneyTrust gaptraderhq
@gaptraderhq, I hate it for you if you're long gold. lol. I eventually ended up going back to my original call, to be honest.
Reply
gaptraderhq MoneyTrust
@MoneyTrust, Thoughts on current levels & where we are headed? Thankyou.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out