Tuesday, December 31, 2013
Monday, December 30, 2013
Friday, December 27, 2013
Tuesday, December 24, 2013
Monday, December 23, 2013
Wednesday, December 18, 2013
Tuesday, December 17, 2013
Interesting article on the value of gold
http://www.mineweb.com/mineweb/content/en/mineweb-independent-viewpoint?oid=221799&sn=Detail
Monday, December 16, 2013
Thursday, December 12, 2013
Wednesday, December 11, 2013
Gold trading update 11 December 2013
Hi Everyone
Hopefully the gold price has settled into an upward trend again and we can get back to some more profitable trades.
For me the up-trend was confirmed when the Gold price breached the $1255 resistance level and the technical indicators are lining up for the next long trade to be entered at around the $1263 level. Place your stop-loses at around $1253 and take profit above $1275.
All the best and good luck
Chris
Hopefully the gold price has settled into an upward trend again and we can get back to some more profitable trades.
For me the up-trend was confirmed when the Gold price breached the $1255 resistance level and the technical indicators are lining up for the next long trade to be entered at around the $1263 level. Place your stop-loses at around $1253 and take profit above $1275.
All the best and good luck
Chris
Tuesday, December 10, 2013
Gold trading update - 12 December 2013
Hi Everyone
Please note that the long term trend has turned up, so please do not enter into the short trade as earlier advised.
The confirmation of the trend reversal will be if the Gold price drops below $1235.28, should the price then rise through the trading session high you should enter into a long trade.
All the best
Chris
Please note that the long term trend has turned up, so please do not enter into the short trade as earlier advised.
The confirmation of the trend reversal will be if the Gold price drops below $1235.28, should the price then rise through the trading session high you should enter into a long trade.
All the best
Chris
Gold trading update - 12 December 2013
Hi Everyone
Herewith my trading update on gold.
The charts have been lining up for a short trade. I would look to enter at the $1235 level with a stoploss placed at $1243 and take profit below $1227.
All the best and good luck
Chris
Herewith my trading update on gold.
The charts have been lining up for a short trade. I would look to enter at the $1235 level with a stoploss placed at $1243 and take profit below $1227.
All the best and good luck
Chris
Friday, December 6, 2013
Gold trading update - 6 December 2013
Hi everyone
After taking 2 consecutive losses the trend has turned upwards.
I will be looking at entering a long trade at the $1233 level.
Good luck
Chris
After taking 2 consecutive losses the trend has turned upwards.
I will be looking at entering a long trade at the $1233 level.
Good luck
Chris
Wednesday, December 4, 2013
Gold trading update - 4 December 2013
Hi Everyone
After taking 2 losses in a row the trend on gold has eventually turned long.
We will have to wait for the fist long trade to set up and then hopefully ride the upwards trend.
Will advise.
Chris
After taking 2 losses in a row the trend on gold has eventually turned long.
We will have to wait for the fist long trade to set up and then hopefully ride the upwards trend.
Will advise.
Chris
Tuesday, December 3, 2013
Monday, December 2, 2013
Daily gold trading update 2 December 2013
Hi everyone
Last night I expressed my hope for a good start to the December trading month, well it could not have started any better.
Entered the short trade at $1249.11 and took profit at $1231.17!
The strategy for the next 24 hours is to wait for a reset and then trade the next down swing. We however also have to keep an eye on the trend reversal signal that is currently at around $1252. Should this level be breached it will indicate that the market on gold have turned bullish.
Have a great day
Chris
Last night I expressed my hope for a good start to the December trading month, well it could not have started any better.
Entered the short trade at $1249.11 and took profit at $1231.17!
The strategy for the next 24 hours is to wait for a reset and then trade the next down swing. We however also have to keep an eye on the trend reversal signal that is currently at around $1252. Should this level be breached it will indicate that the market on gold have turned bullish.
Have a great day
Chris
Sunday, December 1, 2013
Gold trading update 1 December 2013
Hi everyone
The start of a new month.
The current trade is aiming for another short trade with a reversal possible in the next couple of days. For now however it is short with the trigger around $1241 on the 4H timeframe.
The level of the short trade will however rise to around the $1245 level during the AM, keep an eye out for the email alerts though.
Let hope for great start to the month as trading will get thin in the second half of the month.
All the be$t
Chris
The start of a new month.
The current trade is aiming for another short trade with a reversal possible in the next couple of days. For now however it is short with the trigger around $1241 on the 4H timeframe.
The level of the short trade will however rise to around the $1245 level during the AM, keep an eye out for the email alerts though.
Let hope for great start to the month as trading will get thin in the second half of the month.
All the be$t
Chris
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