GeneraldisastersInc
Short

Gold - which is the real trendline?

FX:XAUUSD   Gold / U.S. Dollar
207 4 7
Some people think that gold             has already broken out. I am not so sure. It depends which of the two, black or blue which is the real trendline . My bet is on going short, luckily the stops can be set very tight at this level.
Trade active: A small long term position is on.
Trade closed: stop reached: Well, it definitely popped now because of the markets tumbling. Scary times ahead.
I am in agreement with a short. This is my post below, I just tagged your idea in mine, hope you don't mind!

Year-end gold prediction: $970-$1030
+1 Reply
Good to hear!
Reply
I agree
+1 Reply
GeneraldisastersInc Eng.Mustafa.Attiya
Now to watch and see!
Reply
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