Gold

RG2 - long term gold remains bullish in my view, however short term gold really needs to stay above 1713/1700 and if it can close abv 1727 then it will have a good shot at testing 1747/8 as an initial target.

If gold cracks below the lower numbers then i think it has a good chance to test 1680/90, failing that 1660/40 area.....

this is all in my opinion and does not constitutive as advice.

hope it all works out for you.

I have been betting only 1gbp per point which I really did not mind even if it was going down to 1680. But now my dear wife put in 10gbp per point so I am loosing more than I wished for. I have just transferred 10k to cover the equity but this is my final lot. Any chance to come back to 1745 from the current level.
Doomed. Many thanks. RG2

dl.dropbox.com/u/40497882/Gold28Nov.JPG

A brake of TL and 1700, gold will see 1680 very quickly so any longs must have stops below TL/1698 area....all depends on your risk of course...


rgds TB.

all due to opex.

1713 important level to hold on closing basis....

That's happened to me as well.
Normally guaranteed stops are a waste of time as this does not happen that often.
Gutted to have lost on a winning trade.due to missing my stop by 16 points.

I had 3 trades open and took profit on one at 1745 moving the stop to break even on the other 2 at 1727. I now see both got stopped out at 1711! How frustrating. Is this conman with Spread betting Gold and would it be worth me using Guaranteed stops in the future?

My 1 hour trading looking like it will get stopped out both ways too. Not the best of days