Member Info for thistle

Lol...no one seems to know where its going ATM....remember several kept saying £80...still waiting on that one 18months later!!!

Corruption is what makes the world go round is it not? Or so I thought anyway :0)...where there's money to be made there's corruption...LSE is full of corrupt members!...you only have to read the boards to realise that!...what was it you and NL used to say...The LIBDIC boys or something like that can't remember

Gold Has Double Topped... May 09 at 09:42 GMT

35 minutes ago

Gold has Double Topped at the 61.8 Med term Fib and therefore we have every reason to believe we are going to trade a lot lower in this market.

We are overbought on the daily charts and therefore we look to sell into any strength evident with 1486/87 seen as the topside and we would then keep any stops above 1493 as we do not expect Gold to trade this high.

Now as we have a target of 1424 that is not to say that the market will go there in one move, even though we can see this sort of decline....There is more of a chance that we will hover in the 1445 area to unwind any short term oversold conditions.

http://www.forexspace.com/forex-insights/2965/gold-has-double-topped?utm_source=forex-insights&utm_medium=rssfeed&utm_campaign=news_now

Maltman....thanks for that..will try and have a look

The cat that got the cream! Thanks for the reminder!