Posted by Cire2222 on Apr 28, 2008
okay, here is my stance on gold. I think it will head down to the 850 level, however, I do have a buy signal set up if we get above 898.50 tomorrow. It has to happen tomorrow or that trade is off, I would take half off that trade @ +10 then let the second half ride. If we don’t break 898.50 tomorrow then expect 850 sooner than later.