支持一下: (quoted)
The recent sell-off in metal was due in part to hedge fund/fast money selling, yet keep in mind that gold is still up approximaTELy 10% for 2008 and up more than 35% over ...
死啦~~我看到既係............
Even if you were unaware of the big target at $1,010, there were a few very important clues that gold was cycling into a free-fall
correction. The most significant clue that gold was changing character was the breakdown below $992, and that's why we had our stop right there.
Typically in this situation there is a rally back up to the bottom of the last main breakdown area on the daily chart. In the current
gold pattern, that works out to the $966 area.
I recommend using the coming bounce up to $966 as the last chance to get out before the next free-fall. The bigger downside
targets for this correction are at least $850, with a good chance that the selling will feed on itself and push gold all the way down to $730.
支持一下: (quoted)
The recent sell-off in metal was due in part to hedge fund/fast money selling, yet keep in mind that gold is still up approximaTELy 10% for 2008 and up more than 35% over ...
支持一下: (quoted)
The recent sell-off in metal was due in part to hedge fund/fast money selling, yet keep in mind that gold is still up approximaTELy 10% for 2008 and up more than 35% over ...
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發表於 2008-3-28 00:46:21
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