NOTE: I am Not a professional trader and i am NOT giving out advice, i am an evil mastermind trying to make some money by trading online, to build a hideout on a volcanic island. And get followers to support me to build a Master Control room (look at earlier post).
Ok guys lets do this together (by this i mean to analyze the chart), if we pull this thing off we might make some money. so here are the charts from Kitco.com they came out today, i just pulled some yellow and blue vertical guide lines to make my point. Lets have a look see.
we see the blue line crossing over the red Bullish indicator so i pulled a yellow vertical and a blue vertical was my sell signal when the red one crosses over the blue line. I actually made this trade. the next yellow was my other buying signal and as you can see it worked pretty well so far. But i am not sure to wayt for another MACD sell signal we are pretty close to the "1600$ technical resistance" according to Jim Wyckoffs chart and i think we could bounce back and stay under 1600$ at least for a while. I think is should set a stop-loss at 1539$ and a take-profit at 1588$ but I'm not sure what to do.
Tell me what do you think?
Also tell me what would your dream job be?