Monday, March 21, 2011

GOLD - So far so good. New highs coming soon or later. Adjust Orders

Nothing change last weeks. We reduce risk and close  positions from 1337>> 1366(+29) and 1380(+43) and 1415(+75) from 1340. Still long and expect 1600 next weeks/months stop all position 1379.

Members add longs:
Positions close:
1337  Sold 50% =1366 (+29) and more 50% at 1380 (+43)
1340 - Sold 50% = If fill 1415 (+75)

Position stil Open:
1340 close the rest (50%) if fill 1475 stop 1379
1355 - Sold 50% = If fill 1500 and more 50%  if fill 1645 stop 1379

We reduce risk but we area buyers  and will add more gold if pullback again.
 But for now with indicators overbought important only reduce risk with good gains next order 1475 move stops 1379 all positions.
Click to zoom in.

Weekly Chart
Daily chart


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