Wednesday, March 9, 2011

Gold at the channel line


Gold price had dropped to the channel line and just above the support level. The support level must hold for further upside.


Daily candlestick just show another spinning top. If the uptrend is still intact which I believe is, the current price is a good place to buy. Just remember to sset stoploss cause we do not know until when the retracement finish. 



By The Backyard Burner

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Fear of failure

Fear of failure