Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 687.70

+0.7%

Jan 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: flrtrader who wrote (89258)	1/24/2017 8:22:27 AM
From: John Pitera	of 221324

Thanks Keith, Gold has had a very impressive rally since it's mid december 2016 low...... it has been heading straight up in what might be an impulse wave. The daily gold chart looks unusual on this rally. I can not exactly put my finger on it. You are definitely right that we can have times when both gold and the USD both rise in tandem.... possibly the global uncertainty of the what the Trump administration will do is causing the positive price action and depending on what the administration does I could easily understand why gold could move higher. the daily Silver chart is more lack luster and that gives me ponder what is wrong with this picture. The markets are certainly being impacted and can move in all various combinations of ways with all of this global geopolitical uncertaintly..... The biggest adjustment will come in the currency markets and we have to be patient and let the market tell us what it wants to do based upon the myriad influences on it. This current environment is nothing like 12 or 18 months ago when Obama was President and we knew not much was changing in Washington. I would be happy to talk about various market ideas via PM.... John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next