Gold - Refresh Update and Adjust stop 05042011

Members add longs: 1337, 1340 and 1355.



Nothing change last weeks. We reduce risk and close positions from 1337>> 1366(+29) and 1380(+43) and 1415(+75) from 1340. Still long and expect 1600 next weeks/months stop all position 1379.



Positions close:



1337 Sold 50% =1366 (+29) and more 50% at 1380 (+43)



1340 - Sold 50% = If fill 1415 (+75)



Position stil Open:



1340 close the rest (50%) if fill 1475 stop 1405



1355 - Sold 50% = If fill 1500 and more 50% if fill 1645 stop 1405



We reduce risk but we area buyers and will add more gold if pullback again.

But for now with indicators overbought important only reduce risk with good gains next order 1475 move stops 1405 all positions.

Click to zoom in. Courtesy of @ mktrendmember





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