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TFC Commodity Trading Forum

Re: Gold
In Response To: Re: Gold ()

Hi Rolly. My short LMT was at 1443 and got hit this morning. I thought about reversing immediately but I didn't. bc the same reason of no doubling up the LMT and that was that GCM3 may actually test 1438 area for support. So, I end up reversing or buying at 1448.

GCM3 is trading now at 1454.6, intraday zig-zags will be there as usual but as long as GCM3 does not move below the switch, the objectives are on play and on time.

Just an opinion here, and as always, the market has the last word and in due time will show me the way.

g