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


To: Kirk © who wrote (66246)12/1/2014 9:41:37 AM
From: GROUND ZERO™  Respond to of 218505
 
Well, it did hit a major downside VP last night, this rally is much expected, so now let's see how it holds... either way, I'm not a buyer without a buy signal...

GZ



To: Kirk © who wrote (66246)12/1/2014 10:17:26 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218505
 
Those miners look so cheap today...

GZ



To: Kirk © who wrote (66246)12/1/2014 12:16:10 PM
From: Ms. Baby Boomer  Respond to of 218505
 
Gold gains as Japan
downgrade spurs haven
demand...


Gold was getting a lift from factors such as haven demand after Japan’s downgrade by Moody’s, and the dollar’s pull back from session highs Monday, said Jim Wyckoff, senior analyst at Kitco.com. A weaker greenback often boosts commodities traded in dollars, like gold, since it makes them cheaper for holders of other currencies.

Other factors helping the yellow metal included India easing its import restrictions, and some buying by bargain hunters and short covering, Wyckoff said. “I suspect that the bears became exhausted at those lower price levels,” he told MarketWatch....


marketwatch.com



To: Kirk © who wrote (66246)12/1/2014 1:55:34 PM
From: GROUND ZERO™  Respond to of 218505
 
Looks more and more like a typical washout for gold, today we have a classic outside key reversal... this is highly reliable for a genuine bottoming action... we just need a firm close today to seal the deal...

GZ