Member Info for scubaz

Blowster you could be right. http://www.marketwatch.com/story/goldman-its-time-to-close-out-those-gold-shorts-2013-04-23right, safer to day trade.

f430 well done Paulsmith thanks for the info

blowster well done

Blowster yep at the 6440 area tempting for a short DJI hit 14740. watching for now

farmerparmer blowster touched 6416 earlier. watching for now

DJI could hit 14750 area

Blowster thanks for the heads up :)

farmerparmer I have traded CEY previously will have a look again. AAZ has the lowest production costs around $450/$500 OZ so I am planning a few of those if gold keeps rising

blowster yep ready and waiting :)

ftse 6435 already

USA stocks point to a higher opening so we may get a chance for that ftse short at 6440 Good luck

blowster I agree the whole rise has been based on luke warm / tiny green shoots of life from the USA , The UK, Europe and China have all had poor/luke warm results . The rise has been artificially inflated. the question is when will they pull the plug. The May sell off ? EU QE is likely which will be good for Gold, gold mining producer stocks are looking very cheap ftse at 6417 doh!

blowster you could be right the USA is holding up the ftse but at some point I can see it decouple from it. The USA data hasnt been great recently mixed

Ftse head and shoulders still in play so according to Graysland we need to start seeing a drop in the indices soon for it to come into play. targets the 5900 area

blowster farmer yep watching yes good advice farmer. I reckon that topline resistance will hold at the close today 6440. I will put a short on at the 6465/6470 level if it gets back there

blowster didnt see your previous post , wise :)

blowster hope you got out before drop when you went long?

lol back down to 6440,conned doh

farmerparmer yes you are right high on the 3rd of April 6489 might be the high for the day but no doubt spikes up and down. It may well close at that 6440 level as there is little resistance above apart from a bit of horizontal resistance at 6489

most recent high 6489