Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: El Ringo who wrote (80988)	3/17/2016 3:05:40 AM
From: GROUND ZERO™	Respond to of 218385

If rates continue lower, then gold should do well, but this is too logical to be correct... GZ

To: El Ringo who wrote (80988)	3/17/2016 8:11:57 AM
From: Vendit™	Read Replies (1) \| Respond to of 218385

My guess is that GLD is sitting on a medium term top.

To: El Ringo who wrote (80988)	3/17/2016 10:07:05 AM
From: GROUND ZERO™	1 Recommendation Recommended By Mevis Respond to of 218385

For GLD, a weekly close tomorrow above 120.84 would be a weekly buy wiggle pattern... very rare and VERY bullish... I had to check 3 or 4 times just now to be sure I was seeing what I thought I was seeing... gold is on the launch pad, it only needs a weekly close to complete this pattern... this pattern has taken 7 weeks to complete for GLD, that's why it's so rare... but very highly reliable... GZ