Ctrl-P gets back in a the Dixie strengthens??? Go figure... closing in on 81 lets hope it goes H&S like Maund prediceted
Gold has broken resistance @1730 and more importantly has not crashed yet http://traderdannorcini.blogspot.com.au/2012/11/gold-chart-and-comments_8.html Ron Paul retires from congress which puts percived SHTF as uberbullish which is good for gold RE: Ron Paul here is a quote that sums up the situation perfect aswell as predicts the ending Reading the Fourth turning ATM interesting stuff
Currently just above the neckline from the recent H&S, It does look (tentatively) good My longs from 1680 are looking good right now, very hard not to grab the profit and run, however I think this still has some legs - we'll soon see I guess
interesting predictions... price could go down to mid $1400 on the downside before another strong Bull run according to this guy... http://www.youtube.com/watch?v=fxQcwfys5WA&feature=g-user-u
1730 res and now support seems important... not quite battle at Kruger, but there is a skirmish going on there
I've gone and updated the Big Long-term Graphs again (From the OP), Hopefully these are helpful for others as well as myself. The gold one looks like its starting to get back into the upward trend, Will be interesting to see what happens at the 1800 and 1900 levels! Check out the link on page 1 or click here to go to the chart directly. (163kb) ( You will need to zoom in after it loads. big_smile) Thanks, Azure.
That time again ppls. QE4ish expected so I would say TPTB will want a take down between now and the press conference to make sure any upside momentum does not breach 1750 res. Good time to buy if so. I expect the first move RE: FOMC to be down to take out as many stops as poss ~2pmET and then sharp rise! Aftermath may be a case of buy the rumor sell the fact as EVERYONE expects doveishness so a lot is probably priced into the market so take some profit immediately GLTA
"They" know what the outcome is so the action the night before is what I am watching On Q? will wait and see if this has any legs... got past 32.95. I don't like the way gold is holding up better then silver... mmm
Gotcha... I remember QE3, smackdown around 12 hours before statement then another very quick one (lasted about 2secs) that made silver drop 1% straight after statement (i assume to take out longs) then off to the moon over the following few hours. I can't wait
Yup this is the shit i'm talking about... a nice plunge to flush the stops... they know it's going higher
