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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (240995)3/31/2016 1:15:11 PM
From: Berry Picker  Read Replies (2) | Respond to of 313889
 
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