Questions

help needed in gold

by niftymaster on Jan 13, 2010

i m holding gold from $1152 , what should i do now some 1 please help,currently make low of $1118.60 and now trading at 1124



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Answers

7 Answer(s) found. Leave an Answer.

Answer from icutravel2 on Aug 7, 2010
icutravel2
your strategy must include entrance, exit and stop.IF that either exit or stop is hit get out. Then recoup, and make sure on your next trade.......all three criteria are there.

Answer from tiagobromao on Mar 2, 2010
tiagobromao
the answer is simple, if you don't know what to do and need to ask others is because something is wrong with your trade, so my advice is get out now, think well before getting in again and always have some technical indicator to support your decision, that way you will always have something to help you. My Personal opinion is that it will go up before the big fall, but terms of price I'll buy if it reach 1.155 with a stop loss on 1140 and my position will be small, if it reach 1.045 I'll Sell with a Stop Loss on 1.055 or 1.060 and it will be a big position

Answer from 4payday2 on Feb 4, 2010
4payday2
If you hold your gold for long term, you will not go wrong. The feds have guaranteed this.

Answer from MichaelL on Jan 25, 2010
MichaelL
Hi Hope you got out in time. Best regards Michael

Answer from LaneMen on Jan 20, 2010
LaneMen
Online
MichaelL - great response. Hope niftymaster can answer some of the questions we asked in response to his original question. I wonder if "niftymaster" relates to the Indian Stock Exchange?!

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