GREY:GUYFF - Post by User
Post by
galena03on Feb 08, 2017 12:17pm
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Post# 25816824
Short term pullback?
Short term pullback?
My Daily Tech Chart shows a potential pause may come soon for GUY.
But the daily $GOLD contract shows the price of gold has room to move up farther but you never know anything can happen.
This is my opinion and of course it would be considered negative by some but I try to be realistic for myself.
I take profits on short term and if the price breaks above the last high on the LAST downtrend before Dec 16 then I may get in again providing the Daily $GOLD has not topped out. As you may know the manipulated price of some gold shares top out before the top of the gold commoditiy does and some don't.
This is only an opinion for GUY.TO
Caveat: Technical charts are not foolproof.