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TFC Commodity Trading Forum

Re: Trades, Hal - Gold/USD *PIC*
In Response To: Trades, Hal - Gold ()

Hi Silverbear,

I'm a buyer here of Gold stocks with the bounce off of that support level in Gold. Adding to my initial entry from yesterday's close in HGU. Scooped some up at $14.50. One order still outstanding at $14.60 (just filled!). Will add more on the way back up as it proves itself.

Yup, too bad about our early exit from short crude oil yesterday. Gave up a few sheckles there, but things just weren't looking right with the EU stuff looming today, so standing aside made sence. I still have minor chunks of HOD in two other accounts that I left alone, so a small consolation prize there.

Anyway, the USD looks like it still has some upside juice to it short term...of course short term could mean just hours or a day, as anything spitting out from the EU meetings tomorrow could knock it right back down again. There is a bearish divergence on the MACD versus the double top this fall, so that bares watching. Crazy volatility is about the only certainty in the market right now, lol.