fxtrader66
Long

Gold can it reach the 61.8

FX:XAUUSD   Gold Spot / U.S. Dollar
268 4 2
Gold             broke through tuesdays high, if there is a pullback to tuesdays high or bottom of trendline , would look to go long with signs of suport and believe gold             will try to break the 61.8 at 1364
DXY (US Dollar Index) is dropping at this moment, although the data was not bad.
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You have to keep an eye on the dollar, however there are times when they trade in dislocation. When gold is trending, I just go with it until the chart tells me other wise.
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alex.a fxtrader66
I do agree. By the way, don't come to the chat is the mess. Too crowded and too confusing - It might be waste of time for you. But just like newbie, a lot of info is there to catch.
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alex.a fxtrader66
Today, for Gold trade, I decided to See COMEX: GCZ13 (gold future) NYBOT: DXZ13 dollar index future and then CBOT:ZBZ13 (US 10-year Gov. Bond) I don't know yet why US bond is related but, I will get there.
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