Here is some gold love for all the gold bugs, I have not traded gold lately, Maybe when i finish my exams :P
About Me
- Scott Williams
- I am a young invester/Trader, i mostly focus on Short term or Intra day trading on the equities or Forex markets. I have recently completed my Bachelor of Commerce double major in Finance and Property. I have also completed my RG146 in securities and Financial planning and while trading is a passion my desire is to work within the stockbroking industry or as a trader for an investment bank. This blog I have set up to help share ideas to others on trades and tips i have picked up from my time in the market. I hope you enjoy my blog and some of my ideas :)
Friday, November 6, 2009
Gold Chart
Well Gold has been all the hype lately and although i dont think it will go to much higher fundamentally as it has moved to far to quick (but hasnt everything) you cant go past this chart. such a strong trend and i must say it looks like it will break the $1100 level easy and should push to around the 1150 level before any sort of a pull back. I am still a Bear on the market and think it will fall further but gold certainly looks to be going the other way for the time being but maybe a small correction will happen? If only we can see the future eh...
Here is some gold love for all the gold bugs, I have not traded gold lately, Maybe when i finish my exams :P
Here is some gold love for all the gold bugs, I have not traded gold lately, Maybe when i finish my exams :P
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