Gold Charting and Gold TA Chat

[No1joey]

DXY has broken out of a triangle formation and backtested and looks like it is one the move higher... that spells down for metals. Maybe not this week ut maybe next

What happened to the power of positivity?

 

[thatguy]

DXY has broken out of a triangle formation and backtested and looks like it is one the move higher... that spells down for metals. Maybe not this week ut maybe next

What happened to the power of positivity?

All in good time all in good time and sooner rather then later

 

[alor]

put all money in metals and go fishing... remember the fish in the chart

or

 

[Lunardragon]

DXY has broken out of a triangle formation and backtested and looks like it is one the move higher... that spells down for metals. Maybe not this week ut maybe next

What happened to the power of positivity?

But ... But ... But ... you've been selling out your silver n gold

 

[No1joey]

DXY has broken out of a triangle formation and backtested and looks like it is one the move higher... that spells down for metals. Maybe not this week ut maybe next

What happened to the power of positivity?

But ... But ... But ... you've been selling out your silver n gold

Consolidating them to bigger bars

 

[dccpa]

The drop down and jump up was enough to make me go from neutral to triple long (USLV). I am hoping my original thesis that we are in a 2-3 month uptrend is correct.

 

[thatguy]

The drop down and jump up was enough to make me go from neutral to triple long (USLV). I am hoping my original thesis that we are in a 2-3 month uptrend is correct.

Nice call, a weekly close above 1180 and 16 will be fantastic news for my stack

 

[dccpa]

The drop down and jump up was enough to make me go from neutral to triple long (USLV). I am hoping my original thesis that we are in a 2-3 month uptrend is correct.

Nice call, a weekly close above 1180 and 16 will be fantastic news for my stack

I added NUGT earlier this afternoon. Nice to be bullish for a change, but I am nervous about being out of my office next Monday and Tuesday. At least if I get my ass kicked, I won't have to watch it happen live.

 

[No1joey]

Loving the Friday night smack ups. Makes the beer taste better over the weekend.

 

[Lunardragon]

No cheap metals on xmas then and darn! tha crazy PM frenzy deal is on Dec......

 

[No1joey]

1200 US here we come.

 

[No1joey]

..and back down we go

 

[No1joey]

1200 US

 

[trader10]

Gapping up now..... hummmm any breaking news ?

false alert... lol

 

[thatguy]

Silver and gold moving in opposite direction spells caution here for bulls

 

[dccpa]

thatguy, What time period are you talking about?

 

[No1joey]

1392 & 19.21, seems ok.

 

[Lunardragon]

I think silver looks more promising....possibly hit $21...not sure about gold.

Any hindsights?

 

[trader10]

I believe both Gold and Silver technical analyses for the time being are nothing but guess..... I give 95% chance of a great change by next Monday......

Now, will the shorter banks come in to hose down some good news... it remains to be seen.

But, on the other side of the coin, forces that are interested on the ratio low price/larger purchasing power on back of accumulation are definitely taking advantage of this crazy and volatile party....

Forget about charts and paper prices for now..... it will all change very very soon... IMHO only...


cheers

 

[No1joey]

$2000 AUD by next week.