I'm still in a long position so I don't do anything.
I just offer a good long opportunity for the ones who are not in position yet.
Gold will soon produce a seriuos decline but before that it will stop out the shorts and pull in the late bulls.
Stop: 1241 (300 )
If it is going to stay there I'm going to reenter in the next hourly candlestick, because I think the direction is good.
I'm still holding my long positions.
There is a very little chance that we are coming below 1260.
MAybe only 1265 will be. I have seen it many times.
Gold tried to fall and they bought it. And now the dollar will get weaker and weaker.
THere is a chance that we jump 200 $ in 4-5 days.
I wouldn't risk that. You are in 15 $ minus. If you go long even from here you can easily make 30 $.
You have 25 ounces if Im right.