RANDGOLD

RRS is it at double bottom or further to go down?

Will add charts asap.

ta
G

Gutted
This bounced of even on the second attempt.
I only made a small profit from the initial bounce. This has moved 150 points from the entry.
Oh well....back on the sidelines waiting to see what happens next

This is testing the level again...
Its way too risky for another attempt at long so id stand a side for the time being...
Its never good when it bounces of a key area then retest the same level latter on in the day. Its more likely to go through....
Gold currently is down over 120 points so hence the risk

This should be a free trade now

This ones currently at the 100% fib retracement so worth a long with a tight stop.
This ones a day trade and very risky as this can move very fast. stops would have to be about 50 points due to the volatility. as i type its at 4471 just below 4480 support.
Like i said this is very risky

Long standing gap being filled with a vengeance lol

dl.dropbox.com/u/4385922/RRS%20hourly.png

A close above the 20 MA daily line could potentially test the down trend line again