4 replies to this topic

[gannman]

again it appears to be nearing an area where a bottom could be formed. obviously it has to clear overhead resistance . the pattern suggests a bottom could be close . famous last words as we plunge into ye olde abyss. its all as clear as mud

[risk_management]

Hui is keeping me on the right side of the trade. Every day I am looking to trade on the long side and hui is telling me not to.

[gannman]

i mean until it clears into the 240 area there is no reason to be agressive . when it gets into the 240 area then boom time to be aggressively long imho. now here just for laughs i will take a stab at what i think the hui will do here . start the week off and trade lower than 218. then rally up into 223 area. then go for a final (guaranteed ha ha ) bottom . when it finally bottoms it should absolutely explode out of here. all just conjecture right now

[risk_management]

Gold looks coiled to me and ready for a big move. Possibly overnight this time around. Would like to see some more strength in miners by cob today to take long position. IMVHO

[risk_management]

And I am again looking for hui to give me something....anything....and that thing keeps on bleeding.