Gold Charting and Gold TA Chat

Discussion in 'Gold' started by Azure, Jul 26, 2012.

  1. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
  2. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    Putin... and PAL breaking to the upside (786 on PAL should be interesting)... Oh and dollar weakness... oh and seasonals :)
     
  3. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    Where's the excellent chart with notations and lines added? :(
     
  4. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    here's PAL for ya... :D
    [​IMG]
     
  5. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,468
    Likes Received:
    75
    Trophy Points:
    48
    Location:
    Dreamworld
    About US$1331 close last night?

    A chart, any chart, in this instance an update of the Gold chart by Trader Dan. A follow on from the one thatguy posted a page back in this thread - see thumb. Trader Dan reckons, "This level had better hold or gold is going to fall back closer to $1300"

    - Still above the $1271 'pivot point' that was all the rage technically a couple of months back, and roughly shown in blue on prior aforementioned chart (thumb)
    - Still above 50 day moving average and 200 dma (not shown)

    However, feeling bearish short term myself, $1300 looks very possible - so maybe opportunities ahead in gold stocks?

    Wednesday, March 19, 2014
    [​IMG]
    Source: http://traderdannorcini.blogspot.com.au/

    [imgz=http://forums.silverstackers.com/uploads/1893_trader_dan_gold.png][​IMG][/imgz]
     
  6. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,468
    Likes Received:
    75
    Trophy Points:
    48
    Location:
    Dreamworld
    Bears are back in control according to trader dan. Back to 50% retracement so far of the rally off 1181. Looked at it that way, not so bad? So far anyway. Gold stock opportunities today?

    [​IMG]
    Source: http://traderdannorcini.blogspot.com.au/
     
  7. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    3,968
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    Bump for any feed :)
     
  8. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    3,968
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    Interested to know on gold analysis if someone can help.
    Locked in enough silver last week.
     
  9. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,468
    Likes Received:
    75
    Trophy Points:
    48
    Location:
    Dreamworld
    Trader Dan can't find evidence of appetite for more physical gold
    http://traderdannorcini.blogspot.com.au/

    - more at link
     
  10. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    3,968
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
  11. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    3,968
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    Here we are again..1259 (T.T)

    :)D-:D)
    (-.-)
    (@-@)
     
  12. theiain1

    theiain1 Member

    Joined:
    Oct 11, 2010
    Messages:
    227
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia
    Not the first time i've seen this particular chart pattern.

    Big boys havin a larf.....again

    [​IMG]
     
  13. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    No need to put up a chart as everyone knows its 1180 that everybody is looking at.... Friday 3rd of Oct is a sell if it gets to 1240ish. Lets hope for a nice waterfall to frollick in below 1180 :D
     
  14. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    mmm movement.... just lost 1200 again lets see 1180 :D .... decent volume
     
  15. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Looks like a result of USD jump.
     
  16. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Well this is what I got in my mail from Seeking Alpha:

     
  17. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    Bounce or shoot through? Were about to find out... the BIG 1180 coming up
     
  18. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,430
    Likes Received:
    126
    Trophy Points:
    63
    Location:
    Australia
    First bounce was $1182 :eek:
    Second ???
     
  19. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,430
    Likes Received:
    126
    Trophy Points:
    63
    Location:
    Australia
    Gold holding but PGM's smoked just like 2008 (Pt went from $2000+ to $750)

    [​IMG]

    industrial metals crashing when stock market at all time high ??? Pt stockpiles exhausted after 8 month SA strike ????

    This is adding up to a massive crash that has already begun !
     
  20. scott_reeve

    scott_reeve Active Member

    Joined:
    Nov 13, 2012
    Messages:
    381
    Likes Received:
    148
    Trophy Points:
    43
    Location:
    Australia
    My interpretation of the gold chart below (weekly, USD).

    Gold currently sitting on a significant support line at $1190. The last two occasions the price hit this area in June 2013 and Dec 2013, the price rebounded back to $1250 in a matter of a few weeks (and then onto $1420). Should $1190 fail, then I'd expect at least $1065 to be hit.

    [​IMG]

    ~ Scott
     

Share This Page