Short then long
Astro target of 1300 i spelled out on APRIL 1 was missed by 6 dollars. AMAZING!!! silver was off by a couple cents.. WOAH!
I am still amazed at how profound of an effect the latest retros this month has driven commodity prices higher. Not only has GDX popped for over 4-5% on every retro but the inner momo being built inside the cause for all commodities is scary. (even bdi has some movement finally .. this has not happened in the last 6-8 years.
As I expected Gold.Silver.Palladium. Platinum, Potash, Corn etc are all outperforming the general market....
Of course if one understands the fundamentals for commodities it would be a lot easier but the basic case for the exponential rise of price is contributed to a weak dollar. As the dollar continues to weaken and even targets 92.5 a swing low, I can see why price will continue higher.
I still stand by my bullish stance but price needs to cool down for the next leg higher.. all my targets were met time for a slight break before another ripper. ( this is the last zone of defense for the bears.) I expect some kind of pressure.
Astro target of 1300 i spelled out on APRIL 1 was missed by 6 dollars. AMAZING!!! silver was off by a couple cents.. WOAH!
I am still amazed at how profound of an effect the latest retros this month has driven commodity prices higher. Not only has GDX popped for over 4-5% on every retro but the inner momo being built inside the cause for all commodities is scary. (even bdi has some movement finally .. this has not happened in the last 6-8 years.
As I expected Gold.Silver.Palladium. Platinum, Potash, Corn etc are all outperforming the general market....
Of course if one understands the fundamentals for commodities it would be a lot easier but the basic case for the exponential rise of price is contributed to a weak dollar. As the dollar continues to weaken and even targets 92.5 a swing low, I can see why price will continue higher.
I still stand by my bullish stance but price needs to cool down for the next leg higher.. all my targets were met time for a slight break before another ripper. ( this is the last zone of defense for the bears.) I expect some kind of pressure.
Comentário:
2 taps too short.
Comentário:
HIgh five nice slide! hehehe follow the rules and you win! best risk.reward trades
Comentário:
Wooottttt madd greeen!
Comentário:
WOooooot follow the rules and you win!!!!!!
Comentário:
Short the taps= you shorted from heavens door ^.^ high five!
Comentário:
Price pullback today was nice! Can price pull back more? (overall I am still very bullish for gold/silver) BULLISH!!! overall on the metals... (dollar can change the game very fast)
Comentário:
Look where price is and look what i wrote ^.^ enjoy friends
Comentário:
interesting dojis
Comentário:
interesting dojis= back into base ^.^
Comentário:
^.^ hehehehheh
Comentário:
sold all dust.. bought some silver calls.
Comentário:
(do not get me wrong.. I am bullish you should buy gold! ) but for now caution! hehehhe later we may see spectacular spikes in gold price.
Comentário:
did a check support with low volume.. Dollar can be a creeper careful while trading...
( I am getting slightly bullish.)
( I am getting slightly bullish.)
Comentário:
mooooooooooooooooooooooooooo
Comentário:
Choppy waters ahead soon goldbugs
Comentário:
Look where the bears brought price! this was all on high volume up and low down. Is this a big shakeout?
Comentário:
new gold chart with channel s/r fib lines
