AUG 31
4.00 P.M. GMT
No news today from bernanke
Buy 1646 Exit 1680
2.00 P.M. GMT Stop Trading
Bernake comes on in one hour
1.30 P.M. GMT
Sold the long from 1557.70 at 1665.70
1.12 P.M. GMT
Major battle trying to get above 1663-1664 for last 90 mins ----
we'll find out in a few minutes ------- as comex about to open
1.05 P.M. GMT
Gold in a fierce battle at 1661.50 to 1663.50 ---
I think Bernanke comes on in two hours --- 10 am New York time
00.45 P.M. GMT
We're on the 5th attempt to break 1663.
12.00 A.M. GMT
Strong rejection at 1663 -- back to 1660.5 -- looks like big fight there with bears and bulls. That's the first area to watch ---1662-1663
11.30 A.M. GMT
we've reached first tip of resistance for the day at 1663
10.30 A.M. GMT
Still long 1657.70 ---- bring stop to breakeven
9.30 A.M. GMT
Gold range 1555-1559 DAY TRADE --
I'm long 1657.70 1 DEC EMINI CONTRACT ---- STOP LOSS 1655 ---
No news today from bernanke
Buy 1646 Exit 1680
2.00 P.M. GMT Stop Trading
Bernake comes on in one hour
1.30 P.M. GMT
Sold the long from 1557.70 at 1665.70
1.12 P.M. GMT
Major battle trying to get above 1663-1664 for last 90 mins ----
we'll find out in a few minutes ------- as comex about to open
1.05 P.M. GMT
Gold in a fierce battle at 1661.50 to 1663.50 ---
I think Bernanke comes on in two hours --- 10 am New York time
00.45 P.M. GMT
We're on the 5th attempt to break 1663.
12.00 A.M. GMT
Strong rejection at 1663 -- back to 1660.5 -- looks like big fight there with bears and bulls. That's the first area to watch ---1662-1663
11.30 A.M. GMT
we've reached first tip of resistance for the day at 1663
10.30 A.M. GMT
Still long 1657.70 ---- bring stop to breakeven
9.30 A.M. GMT
Gold range 1555-1559 DAY TRADE --
I'm long 1657.70 1 DEC EMINI CONTRACT ---- STOP LOSS 1655 ---
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.
No one knows tomorrow's price or circumstance.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
King Regards
