Does anyone fell like GOLD is topping in a short term and could
lead to a heavy sell off?
I want to hear bullish case for a short term(2-3m). No one is
talking about GOLD going parabolic, But when Silver did the same
thing everyone was screaming.
Posted by traderrandy on 18th of Aug 2011 at 08:12 am
Gold has had a big move. But one trick i learned from matt
is to watch the 8 ema on the daily chart when a stock has had a
parabolic move like gold. When it closes below the 8 ema i
think the short term top is in.
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GOLD topping?
Posted by marks on 18th of Aug 2011 at 08:09 am
Does anyone fell like GOLD is topping in a short term and could lead to a heavy sell off?
I want to hear bullish case for a short term(2-3m). No one is talking about GOLD going parabolic, But when Silver did the same thing everyone was screaming.
not yet
Posted by traderrandy on 18th of Aug 2011 at 08:12 am
Gold has had a big move. But one trick i learned from matt is to watch the 8 ema on the daily chart when a stock has had a parabolic move like gold. When it closes below the 8 ema i think the short term top is in.