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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets. -- Ignore unavailable to you. Want to Upgrade?


To: CurveBall86 who wrote (1755)4/4/2014 6:32:07 PM
From: The1Stockman1 Recommendation

Recommended By
CurveBall86

  Read Replies (1) | Respond to of 1954
 
Interesting take.

Wheat and Gold are two separate issues, Wheat is a commodity, and in my personal opinion, and I'm sure it can be an arguing point with some, ... but gold is not, ... it would be like saying Money is Commodity, but that shoulder matter, and a topic for another day, but the three metals that I eliminate or greatly minimize from the Commodity category to a large extent are Copper, Silver and Gold, even though they are used commonly as conductors and such in many of our industrial and commercial needs.

TA is TA and if Gann's story holds true and what I am getting out of this article (I'm referring to the gold chart), ... is that we should not see a move "below $1,180" if and when we do move into that area over the next few weeks or months, I dont think the gold chart is implying that we cant go lower, its point out that we've already had the double bottom, which many here can relate to.

Very interesting read CurveBall, ... I missed this one, thanks for posting it.



To: CurveBall86 who wrote (1755)4/4/2014 7:00:11 PM
From: The1Stockman2 Recommendations

Recommended By
Beam
CurveBall86

  Read Replies (3) | Respond to of 1954
 
MUX charts,

Here are a few Candlestick MUX charts for you to view. Anyone comments?

DAILY EMA:

~~

DAILY SMA:

~~

MUX Weekly EMA:



WEEKLY SMA:
The one thing I see on the ABOVE Weekly chart is the W%R, .. its broken below center and the Stochastic fast line (red), ... has also moved below center, rarely do they reverse before oversold on the weekly charts.




To: CurveBall86 who wrote (1755)4/4/2014 8:58:23 PM
From: Robov  Respond to of 1954
 
I seriously want to have my doubts about gold reaching $1050, I really do. And a good buddy of mine that has been in this sector for almost 35 years says "It ain't gonna happen" Yet the key instructor in my trading school is patiently waiting for the same level. And this guy without a lie bought THE low of the 2009 bottom on the S & P futures. His only mistake....selling waaayyy to soon. He has clearly stated as well that if gold does hit this level YOU ABSOLUTELY WANT TO BACK UP THE BIGGEST TRUCK YOU CAN FIND AND LOAD IT A HIGH AS YOU CAN!