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geodan

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geodan

Re: None

Thursday, 09/15/2016 2:36:51 PM

Thursday, September 15, 2016 2:36:51 PM

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Will make Big Call here:Gold Bottom?

I am going to make a wild call on gold here with $1221 Dec Gold. That is it has dropped today to the 9 month uptrend line on Gold, the bottom line on channel. I drew this about 4 months ago and today is only day it has touched that line. So far it has bounced.

Think it is good entry place, and a small stoploss is possible too. This just may be the gold low day for a long time. Surprised have not heard people talking about this being the trendline on gold.

Again, gold can be bot here possibly on the low day of flat correction last few months with low risk stoploss $5 under the low of day. JMHO
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