要錢要命？

piggy3616

If not consider SPDR increased its holding to another record high....... I tend to sell.  

After gold made a record high of 1,251.6..... it could not make higher price again.

From Daily Chart, that was the 3rd time to test 1,250 level.
It broke above, but could not hold.

Yesteday's closing is at 1,236.2, below 1,240, also below the last time closing high made on 12th May 1,238.62.  It showed an open high, close low, long upper leg candle stick.... implying a correction may follow.

Dow Jone went up for 124 points.... EUR with a rise closing.

From Daily charts, 4 / 9 / 25/ 20 days MA .... are in order.

1,232.8 is 4 days MA.

After gold broke below 1,240.....
its first resistance is 1,238.... so, I will sell again at 1,237.x

If it break above this resistance, 1,243 is the next target.

If make selling order...... cut loss price must be set..... above historical high price of 1,251.6 (I will set at buying price of 1,252.6).

piggy3616

Yes, hope this time will have big fall.

From Daily Chart, if this is a Triple top, we can expect a big fall may follow.
Normally we expect the third time could break above the top.
If it is fail to do so, disappointment sale may follow.
Those who bought in high price, 1,22x, 3x, 4x, 5x......will be very afraid and they will sell without seeing the price.

Target is 1,21x....1,200..... 1,195 or even lower.

Yes, this may be 'big tea rice'......

But during each fall..... it may still rise back for few dollars, as a rebounce...... in big fall, better no buy.

Am I 講就天下無敵的?  Hahaha......

piggy3616

I tend to sell..... because we may have seen the top (1,251.6) in near term.......

After we have seen the top, sell..... and set cut loss above the top will be fine.

piggy3616

4 days MA 1,232.8 is the first support.......
therefore, we may see the price move around 1,233-8 at Asian market......

If there is no more bad news on European zone....... then we can expect more selling may appear..... as the market is stabilized...... and trader expect a short term top is reached already.......

piggy3616

1 Hour Chart, Line Chart, a left shoulder and head of a shoulder-head-top is forming.  
Now, waiting for the price to form a right shoulder.
Draw a horizontal line at around 1,236 and you will find it.

I squared my selling order at 1,235.6......
As I expect Asian market may have little rise....... before it is willing to fall down.

piggy3616

Sold 1,237.6 x 2
I hope it can fall straight down.....
Cut loss 1,252.6
Target, 1,21x..... or even lower.

saxonwan

thank you for your sharing , piggy !!!  ^^

piggy3616

thank you for your sharing , piggy !!!  ^^
saxonwan 發表於 2010-6-9 06:45 AM

Darling, you back to HK la?
Bought anything for me to eat?

You owe me egg rolls (from ) and Fung Lei So (from Taiwan) ar!!!  <-- My single side request!  hahaha

saxonwan

sweet , when you come Tuen Mun , i give you egg roll a ....hahaha

piggy3616

sweet , when you come Tuen Mun , i give you egg roll a ....hahaha
saxonwan 發表於 2010-6-9 06:51 AM

Tuen Mun......... too far away la!!!
Take a photo.....and post here........... that will be fine!