Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I think we will revisit $1,650 area as well as $1,590.
Also, there has to be something big (similar to sovereign debt panic or US debt ceiling vote) to move gold higher above 1,705.
cheers
D
I obviously want it to break the 1624-29 area. However more than 5 bars in a direction is a little unusual and I would start trailing a stop at that point - that's where we are on daily, hourly. So a little cautious of a local top here. This has been a big supply area before. I agree we need a catalyst to explode.... There seems to be plenty of that brewing...patience
“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss