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Re: Stopped out on gold
By:orzilla
Date: Friday, 3 December 2004, 5:11 pm
In Response To: Re: Stopped out on gold (KC)

What still worries me is the nonconfirmance of the HUI/XAU of the current move. However, using past history as a guide the divergence can get quite out of wack for a time so if POG were to move to 480 on this leg, I wouldn't be too surprised. After all December has been historically the strongest seasonal month of the year. I just wish it would correct to my ST target so that I would have a comfortable place to jump in again. =) If it were to get to 480-500 level without HUI/XAU confirmation, I would expect a really painful correction.

Messages In This Thread

Stopped out on gold
KC -- Thursday, 2 December 2004, 12:09 pm
Re: Stopped out on gold
orzilla -- Thursday, 2 December 2004, 1:26 pm
Re: Stopped out on gold
KC -- Thursday, 2 December 2004, 2:08 pm
Re: Stopped out on gold
KC -- Friday, 3 December 2004, 3:05 pm
Re: Stopped out on gold
orzilla -- Friday, 3 December 2004, 5:11 pm
Re: Stopped out on gold
KC -- Saturday, 4 December 2004, 10:52 am