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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (48991)4/17/2013 8:51:40 PM
From: GROUND ZERO™  Respond to of 222408
 
920 gold would be painful to those holding for the long term... my model went short at 1601.90 and is still short, I'm short gold and silver... I think gold really should have rallied today, but since it didn't it show continued weakness, I think we could see at least 1200 to 1250 in a hurry regardless of whether or not it rallies here or not...

GZ



To: Gary105 who wrote (48991)4/17/2013 9:22:36 PM
From: GROUND ZERO™  Respond to of 222408
 
Gold was trading today at 1382 to 1384, right now this evening it's trading at 1336.94, down another 50 bucks, not a good sign for tomorrow unless a miracle happens... silver traded today at 23.71, and right now it's at 22.48, down another big chunk of change...

GZ



To: Gary105 who wrote (48991)4/17/2013 9:41:07 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 222408
 
If we see gold at 950, then we would also see silver at 15 or maybe 12... silver now at 22.66 in the evening session down from 23.71 this afternoon, this precious metals market looks like it's already suffering a very bad but rapid death... I think the stock market will probably do the same, but maybe not so far down, possibly a good 10% or more from here would do the job...

GZ



To: Gary105 who wrote (48991)4/18/2013 9:24:36 AM
From: Fintas  Respond to of 222408
 
Look at GOLD with a 486 value box and then a 223 and a 162. What do you see?

I put up my soft numbers down. However you should see what I see to at least consider both the down and up hear. The good news is the sector is oversold.

Fintas



To: Gary105 who wrote (48991)4/18/2013 9:25:06 AM
From: Fintas  Respond to of 222408
 
Look at GOLD with a 486 value box and then a 243 and a 162. What do you see?

I put up my soft numbers down. However you should see what I see to at least consider both the down and up hear. The good news is the sector is oversold.

Fintas



To: Gary105 who wrote (48991)4/18/2013 9:38:21 AM
From: Fintas  Read Replies (1) | Respond to of 222408
 
OOPS when I put up those value boxes I was considered doing so from the actual price of Gold.

So just divide by 10.

However, your Price objective is NOT so far fetched if there is a break down due to things we do not know. Let's see if they can get it under the 1222 gold level.

Sorry.

Fintas