MrRenev

Gold shorting attempt #2

Short
MrRenev Aktualisiert   
TVC:GOLD   GOLD CFD's (US$ / OZ)
There is not that many examples to work with with gold:

I do not know of a way to access a gold chart before 1975. I know prices year per year since 1800 but that's it.

This works, some times. Gold is either a currency, or a commodity, and this typically works with both commodities and currencies.

Also, I have too look at the higher time frame, see what could go wrong, not just what "proves me right":
The gold bubble of the late 70's/early 80's.
It bottomed in 99/2000.




What if....

It actually looks like this in 1980-2000

Also, will this ever stop? I won't touch it. No way.



1350 is a really good place to short gold.
Trade ist aktiv:
I closed part of my position I was not comfortable shorting at this price.
Made a few $$$ wuhu.

Waiting for the big 1350 to short big (I am 13% in now), a stop loss at 1400 should leave plenty of space.
1350 doesn't seem that far. Just a waiting game now.
Kommentar:
Dayum son


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