Bullish on the yellow stuff $AU $GLD $PHYS
Updated
The drop in gold is healthy for developing a long position.
Very bullish in gold as a swing trade. The RSI was showing it was overbought so this drop is probably healthy.
Will add to position if it drops to $1265
Very bullish in gold as a swing trade. The RSI was showing it was overbought so this drop is probably healthy.
Will add to position if it drops to $1265
Trade closed: target reached
I hope you are all celebrating! $1303 Taking profits - closed position. Will not short it, but I think it will retrace.
Even if it does pop-up I think it will find support $ resistance around 1308-1312 anyway.
Willing to take the profits rather than risk only $4 more & risk seeing a climb back to $1280.
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