5 replies to this topic

[senorBS]

With 935 support easily broken how far south of the border will gold go amigos. Senor thinks 850 is muy likely with an outside chance of trying to reach 750. Be safe amigos, these are dangerous times. BS is Beautiful Senor

[Tor]

With 935 support easily broken how far south of the border will gold go amigos. Senor thinks 850 is muy likely with an outside chance of trying to reach 750. Be safe amigos, these are dangerous times.

BS is Beautiful

Senor

875 is my a-b-c target.

[dharma]

now, the support starts, from here to 900. the rising trendline(not the parabolic) sits @900. this is about 12% correction so far. dharma

[Islander]

$750 seems fair, good support there abouts, and 85.14 is the first stop for GLD but lower laster. But look at this as the pullback that may allow building new positions for the longer run. I stopped out with 150% (more less gains). I tend stops for a living;We should welcome volitality. I do any way. Isalander

[uncleharley]

89 launched a gap up on the way up so I think 89 or 90 will give us the first bounce. It is possible that we go up from the current level, since futures are higher than GLD. uh

[franklin]

Senor,

Agreed that $850 is likely, and there's a possibility the 200-day moving average a little below $800 will be tested.

Charts

Good trading!