Congrats! With the close of the day and the week of 1383. SPDR had more 3.29 tons to 816.59 compared with previous day (813.3 tons). The market is bullish in the next week. the gold increase 14% in the first quarter of the year. The whole decrease in 2013 is just about 28%. Very impressive. what is the target in the near term??? 143x??? Or when the news of Ukraina come to Monday 17/3, what is the reaction of the market??? We will see.
Yes I closed my shorts at 1374 yesterday and called it a week for trading. I didn't actually expect PA to take the price back to 1383 for closing however shows strength is still there without a doubt. Next weeks PA will be interesting, I may sit out of trading on Monday depending how market opens and how Asia sessions goes. However saying that, I do think 1400 is on the books for next week early on, and somehow, with the way PA has been treating strong levels recently, I don't think it will stop at 1400 just like it didn't at 1300. We will see!
Congrats! With the close of the day and the week of 1383.
ReplyDeleteSPDR had more 3.29 tons to 816.59 compared with previous day (813.3 tons).
The market is bullish in the next week.
the gold increase 14% in the first quarter of the year. The whole decrease in 2013 is just about 28%. Very impressive.
what is the target in the near term??? 143x???
Or when the news of Ukraina come to Monday 17/3, what is the reaction of the market???
We will see.
Yes I closed my shorts at 1374 yesterday and called it a week for trading. I didn't actually expect PA to take the price back to 1383 for closing however shows strength is still there without a doubt. Next weeks PA will be interesting, I may sit out of trading on Monday depending how market opens and how Asia sessions goes. However saying that, I do think 1400 is on the books for next week early on, and somehow, with the way PA has been treating strong levels recently, I don't think it will stop at 1400 just like it didn't at 1300. We will see!
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