A short-term bounce is imminent

Discussion in 'Gold' started by leon1998, Jul 31, 2015.

  1. leon1998

    leon1998 Member

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    Recent two weekly COT reports both showed that Banksters were accumulating long position on gold and silver futures contracts. Usually this is a sign that a short-term rally is imminent, although long-term downtrend stays intact.

    Whoever trades paper (GLD or SLV) could take advantage of this price swing. tongue
     
    leon1998, Jul 31, 2015
    #1
  2. thatguy

    thatguy Active Member

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    You should set up an IG markets account and RAKE it in... You can even set up a play account and post your trades as a bit of fun... Turn that 20k into a new house :D
     
    thatguy, Aug 1, 2015
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  3. House

    House Well-Known Member Silver Stacker

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    Don't be silly, words speak louder than actions with Leon :lol:
     
    House, Aug 1, 2015
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  4. thatguy

    thatguy Active Member

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    thatguy, Aug 1, 2015
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  5. aleks

    aleks Well-Known Member Silver Stacker

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    I would actually like to see this happen
     
    aleks, Aug 1, 2015
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  6. sterling-nz

    sterling-nz Well-Known Member

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    +1^
     
    sterling-nz, Aug 1, 2015
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  7. -j-p-shmorgan

    -j-p-shmorgan New Member

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    I got some invested on wallstreetsurvivor. Will report back with my losses.
     
    -j-p-shmorgan, Aug 1, 2015
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  8. aleks

    aleks Well-Known Member Silver Stacker

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    I'd be the first to back him if he wants to take up the challenge but given that something like 90% of retail traders lose money I better be given good odds, i'd be willing to put up a 1oz 999 fine PAMP silver bar :)


    (yes I too am bored :p )
     
    aleks, Aug 1, 2015
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  9. House

    House Well-Known Member Silver Stacker

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    [​IMG]
     
    House, Aug 6, 2015
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  10. -j-p-shmorgan

    -j-p-shmorgan New Member

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    My "Lifetime Return" .... ^ $4.62. :lol:
     
    -j-p-shmorgan, Aug 6, 2015
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  11. Pirocco

    Pirocco Well-Known Member

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    And the bounce is there.
     
    Pirocco, Aug 12, 2015
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