要錢要命？

saxonwan

1232.3 take profit first .........wait low price buy

piggy3616

SPDR has no change on its holding.

From Daily Chart, yesterday did not made any record high price and the daily high was 1,240.3.  It fell to 1,221 and finally closed above 1,230 at 1,233.2 (5 a.m. my chart).

Yesterday closing is lower than Tuesday's closing and the closing for Monday to Wednesday is dropping gradually.

Today, 4 days MA is  1,235.3.
This is the first resistance.

From Daily Chart, a Double Top shape is likely to form.
It looks like the shape of "M" and we are waiting for the last stroke of M.

On 14th May, 2010, gold highest was 1,249.2 while on 21st May, 2010, gold lowest was 1,165.9.  The range was US$83 and only took 6 trading days to fall.

If this time is a real Double Top (A Double Top is formed when it fall below the lowest point of first top, the neck line, that mean 1,165.9), another $86 drop is expected, that mean around $1,080.  <-- of course, it may take quite some time to reach this price.

piggy3616

If only base on charts to trade, sell at 1232-5.
Cut loss at 1,242.6
Target, 1,210 (very likely can see), 1,200, 1,193 (if can fall below this price, can expect to see a big fall).

But may take few days to fall.

saxonwan

od you sell? piggy

piggy3616

od you sell? piggy
saxonwan 發表於 2010-6-10 06:25 AM

Yes, I want to sell....... but not sell yet.

saxonwan

i sell on 1233 , good luck to me a  ~.~

saxonwan

many dead cross on 1233 ~~ hourly chart,so i sell it @@

piggy3616

many dead cross on 1233 ~~ hourly chart,so i sell it @@
saxonwan 發表於 2010-6-10 06:32 AM

Those dead crosses....... formed yesterday.......

piggy3616

我好激氣呀！激到喊！激到睡不&#30528;！

saxonwan

take care of your health , fast d sleep , take a rest ~~~