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Strategies & Market Trends : Ride the Tiger with CD

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To: Valuepro who wrote (240995)	3/31/2016 1:15:11 PM
From: Berry Picker	Read Replies (2) of 313891

Gold moved up since January from about 1080 to 1280 so a 50% retrace is around 1180 beyond that I do not guess - nor look at world wide economic views as they are UTTERLY meaningless when it comes to making a trade Gold contract is 100 ounce so $10 move is worth $1000 - a $100 dollar drop worth 10 grand. You ask about TIME - markets can drop in one day what it took a whole month to make but barring that if you follow the line of decline you can get a good guess

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