$GOLD - with today's pullback in gold to
below 1700, the ABC zig zag is the favored count now. 1650 is
an important are because it represents a 50% Fib and also a 1.27 x
wave a.
Remember this chart is still showing yesterday's prices,
stockcharts doesn't update gold until the afternoon.
I love seeing the deeper pullback in gold since I sold most of
my physical bars/coins near 1900, can buy back lower.
Gold metal comments
Posted by matt on 23rd of Sep 2011 at 09:56 am
$GOLD - with today's pullback in gold to below 1700, the ABC zig zag is the favored count now. 1650 is an important are because it represents a 50% Fib and also a 1.27 x wave a.
Remember this chart is still showing yesterday's prices, stockcharts doesn't update gold until the afternoon.
I love seeing the deeper pullback in gold since I sold most of my physical bars/coins near 1900, can buy back lower.
Gold at $1658 - time
Posted by pebs on 23rd of Sep 2011 at 12:03 pm
Gold at $1658 - time to buy?
well, no -ive divergence on
Posted by frtaylor on 23rd of Sep 2011 at 12:07 pm
well, no -ive divergence on the 60, 30 or 15 min charts of gld. One more move down?
Matt, I thought you were
Posted by sbwoman on 23rd of Sep 2011 at 10:46 am
Matt, I thought you were long-term very bullish. I am surprised that you sold your physical gold. GLD maybe, but not the bars...????
Yup.... what's the point of
Posted by steve88 on 23rd of Sep 2011 at 11:09 am
Yup.... what's the point of buying physical bars if one wants to trade it regularly? Just do the ETFs.. less hassle
Gold
Posted by donald on 23rd of Sep 2011 at 09:59 am
Sold 1/3 Gold position on 8/23, you still have $3000 target 3 years out ?