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Tag Archives: Commodities trading
Gold likely to regain some sheen
Well, well. The decline in Gold from $931 down to $771 was quite a surprise to many traders, but you were forewarned of the impending sell-off. However, we are now faced with a situation. The speed of the decline is making me a bit nervous about staying short. Remember the time when it gapped down from around $876? Continue reading
Posted in Gold
Tagged bear market, Commodities trading, correction trading ideas, gold trading
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Gold is doing its final lap
Quite a few investors and traders whom I know have been betting big on Gold. For them, this post should should serve as an early warning of what is to come. Once the current strength wanes, the metal will simply … Continue reading
Oil to edge slightly lower
Oil is likely to slip slightly lower, but be prepared for short covering from $87 and below. Continue reading
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