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  1. #1
    Legendry Member Michael Hodges's Avatar

    Gold Trading Arena !!!

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  2. #2
    Legendry Member Michael Hodges's Avatar

    Watch out for gold !!!

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    <div id="chart_message">gold has already shown how vulnerable it is to bearish attacks, be wary of gold prices at this level. Playing a weekly put above the $1315 level.&nbsp;</div>
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  3. #3
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Michael Hodges View Post
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    <div id="chart_message">last weeks drop in gold was blamed by at least one source I read on a single massive trade, this trade exposed the underlying weakness in gold prices.*</div>
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    Gotta love those technicals. They told me this was a good trade at the time although I will admit I thought this trade lost. Yeah for binary, if that had been a futures, spot or other form of equity or margin trade It would have definately triggered a stop loss or margin call, the binary trade is still good and still pays the original amount. Hell yeah!

  4. #4
    Veteran Member Ammeo's Avatar

    Gold 1 week Call !!!

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    <div id="chart_message">Despite being overall bearish on Gold, looking at its current position i may go for a 1 week Call for a short term correction..</div>
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  5. #5
    Legendry Member Michael Hodges's Avatar

    I was going to Call on Gold but... !!!

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    <div id="chart_message">I was going to call on gold because I thought a snap back from this level was a good possibility but after looking at the charts I think a put is still the way to go.&nbsp;</div>
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  6. #6
    Legendry Member Michael Hodges's Avatar
    I'm still tripping on that put I bought on gold 1 month ago, since then gold prices have spiked up over $70 from my entry point, I thought it was completely lost but no no, today it will likely close in the money.

  7. #7
    Legendry Member Michael Hodges's Avatar

    Not quite bullish on gold yet !!!

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    <div id="chart_message">not quite bullish on gold yet. I am looking for a retest of the lows near $1200.&nbsp;</div>
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  8. #8
    Legendry Member Michael Hodges's Avatar

    Gold Is Still Falling !!!

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    <div id="chart_message">Gold is sliding to retest the long term lows, i am playing puts agina this week.&nbsp;</div>
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  9. #9
    Legendry Member Michael Hodges's Avatar

    Still bearish on Gold !!!

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    <div id="chart_message">I am still bearish on gold. Not much reason for anyone to get long on this one yet.&nbsp;</div>
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  10. #10
    Legendry Member Michael Hodges's Avatar

    Could Gold Move Lower? !!!

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    <div id="chart_message">gold will be driven by FOMC and taper speculation for the next two weeks or so, it could keep moving lower to retest lows near $1200.&nbsp;</div>
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