TSX:SGR.UN - Post by User
Comment by
TheSiteOnGoldon Jan 23, 2014 1:37am
280 Views
Post# 22123707
RE:Gold
RE:Gold
Gold has closed in a very small range today DOWN.. near the trendline I marked up in my prior post chart link! BEWARE!!!! We are at a critcal turning point... This can blast off either way...including down by several hundred dollars if you look at the chart!!! This can happen as soon as tomorrow morning.. What would be best is that gold gaps down ovenight causing a mild panic and a few shorts to get trapped in the first hour down,then a quick snapback above the lower trendline I marked or if you want to get more technical Golds 50 day moving average..
San gold gapped up.. and there is always a strong tendancy for gaps to get filled back in..That means Down! Maybe that will happen first hr tomorrow ,no one can predict but you can know your exits or entries..Good Luck!