Thursday, September 29, 2011

My thoughts on XAUUSD (Gold Spot)

XAUUSD (Gold Spot)

Gold is very risky to trade here, take me advice book your longs and wait for a direction. It has potential of breaking down. If breakout occur then watch for these levels

1300 –> 1150 –> 1050 below 1050 there it can go as deep as 700… may that never happen… don’t worry if that happen it will take a loongg time!

xauusd_thumb1_thumb_thumb_thumb

No comments:

Post a Comment