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樓主 |
發表於 2011-9-14 00:32:33
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ha ha 激將法.
CHUNCHUN 發表於 2011-9-13 11:33 PM 
Chun Chun, recently, Gold movement somewhat similiar to what happened in 2008 financial crisis.
Up or down US$60 - 70 daily.
Today is small movement when compared to last week.
Gold or Silver or anything, will tend to go to the side with less resistance.
If more buyers than sellers, then the price will more likely to go up.
If more sellers than buyers, then the price will go down.
When Gold is rising, it can keep on rising and rising, for US$30.... 50...... 60.......70.
When it is falling, it can fall to the same extend also.
Some previous high price or low price...... are the previous resistance and support.
When Gold start to rise or fall, market will see whether those resistance or support can hold or not.
If can break above resistance, more buying order will rush in, or some cut loss order will appear, that will speed up the rising.
If can break below support, more selling order will rush in, or some cut loss order, that will speed up the falling.
There is some calculation to predict the Resistance and Support everyday.
Near Resistance can try to sell, but the 1st rule is, you must set Cut Loss price above the resistance.
If that is a Resistance, normally can't reach that price at all.
If can break above, it will not stop just right there, especially when Gold break new high, a rise of further US$20-40, or more, is expected.
One more thing, now, when Gold reach a day high or low......
For example today, when it reach 1,835.x, it couldn't rise further..... then it started to fall..... to 1,794.x.... almost US$40!
Then, when it couldn't fall further, it started to rebounce...... to 1,831.x..... you see, more than US$30 rebounce.
What you can do, is to try to catch these movement!
Just trade 100 oz Gold.... learn to trade! |
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