If you've been reading any financial papers, you would have noticed that the big news was Gold and it's biggest ever fall when it went from 1540 to 1340.. 2000 points in just two days! The move certainly got a lot of people startled but it's since recovered half already.
Anyway, I felt that Gold was due a move down again after the big fall and a retracement and was looking for a short entry. I took the first sign of some weakness as a point to enter and this was 1420 as you can see from the c
April 25, 2013
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[caption id="attachment_7654" align="alignnone" width="601"] 14th January 2013 - Gold Trade[/caption]
Earlier this week we sold Gold (those that followed my Tweets would have got this info in realtime). The reason for this was for a couple of reasons.. the underlying trend in the Daily charts as you can see had been down and there was a marked resistance line. One the day that I had shorted this, I could see that the price action had reacted to this line and was starting to move lower. Of cou
January 19, 2013
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