Any predictions on Gold ?

Discussion in 'Commodities, Stocks, and Indices' started by Errol, Dec 20, 2012.

  1. Errol

    Errol Trader

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    I bought Gold when 1700 and now I am with -3000 pips.
     
  2. ezrydn

    ezrydn Active Trader

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    When I run Gold/Silver trades, I sit on them, not leaving the puter. I have a feeling that with the fiscal cliff looming in the US, a retrace in your situation probably won't show up. When I see a trade start to turn sour, I throw a trailing stop on it.
     
  3. forexmystic

    forexmystic Trader

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    If you can afford to hang in there, Gold might get back to 1700 within a couple of weeks.

    There is a good S/R level around 1700, and if the USD looses more value (Very likely) then a return to this level is very possible.


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  4. valent1ne

    valent1ne Trader

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    1550 very strong support
     
  5. richardgere

    richardgere Trader

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    $1000 is hard to gold investment.
     

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