Wondering if you still looking for Gold to go lower all of next week. Chris Carolan Solunar top for Gold is today....looks like its turning at the right time....any targets you looking for Gold for next week....i wouldnt be surprised to 850...thnx
Blustar - Gold Thoughts
Started by
optionking
, Feb 13 2009 10:31 AM
6 replies to this topic
#2
tommyt
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Posted 13 February 2009 - 10:43 AM
[quote name='optionking' date='Feb 13 2009, 07:31 AM' post='433736']
Wondering if you still looking for Gold to go lower all of next week. Chris Carolan Solunar top for Gold is today....looks like its turning at the right time....any targets you looking for Gold for next week....i wouldnt be surprised to 850...thnx
My .02, yes Carolan's work looks right...A turn down here,Tuesday, will put in a nice MACD sell formation...I'm not a fractal guy, but it looks close to the late Dec top. I am long DZZ again:
gld
Wondering if you still looking for Gold to go lower all of next week. Chris Carolan Solunar top for Gold is today....looks like its turning at the right time....any targets you looking for Gold for next week....i wouldnt be surprised to 850...thnx
My .02, yes Carolan's work looks right...A turn down here,Tuesday, will put in a nice MACD sell formation...I'm not a fractal guy, but it looks close to the late Dec top. I am long DZZ again:
gld
#3
optionking
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Posted 13 February 2009 - 10:50 AM
Tommyt..yes Carolan been dead on the money with this Gold prediction....Are you expecting another bounce Tuesday to get short? thnx
#4
tommyt
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Posted 13 February 2009 - 10:59 AM
Tommyt..yes Carolan been dead on the money with this Gold prediction....Are you expecting another bounce Tuesday to get short? thnx
my post says I am long DZZ.
#5
blustar
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blustar
Posted 13 February 2009 - 12:07 PM
Yes I am. I had a top for Wed +/- 1 day. The pattern suggests a big washout especially next week. How low? Well, I'm more sure of the GDX with a minimum target of the low 24.70 area by Feb 23. This of course can be skewed by the stock market's expected continued drop... Right now I see 2 more waves of selling left 3 and 5. Finishing 2 or finished it.Wondering if you still looking for Gold to go lower all of next week. Chris Carolan Solunar top for Gold is today....looks like its turning at the right time....any targets you looking for Gold for next week....i wouldnt be surprised to 850...thnx
#6
blustar
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blustar
Posted 13 February 2009 - 12:24 PM
How 'bout around $760 for gold?
#7
tommyt
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Posted 13 February 2009 - 12:55 PM
[quote name='blustar' date='Feb 13 2009, 09:24 AM' post='433763']
How 'bout around $760 for gold?
Blue, just noticed the GDX chart...big screaming MACD divergence sell coming on the next turn down, u right. I'm gonna buy some puts there, thanks:
gdx
How 'bout around $760 for gold?
Blue, just noticed the GDX chart...big screaming MACD divergence sell coming on the next turn down, u right. I'm gonna buy some puts there, thanks:
gdx
