View Single Post
Old 06-23-2008, 11:37 AM   #6 (permalink)
trader123
Senior Member
 
Join Date: Jun 2008
Posts: 197
Resistance is formed at $908. USD has strengthened in advanced of Fed meeting resulting in weak gold price.

My indicator has signaled to me that gold is near to overbought region.

Shorted 1 lot of gold at $902.13
Place a GTC stop at $909.00
Target level at $898.00

See gold chart: Metal Trading: Shorted 1 lot of gold at $903.88
trader123 is offline   Reply With Quote