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#141 tria

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Posted 29 June 2012 - 09:50 AM

FWIW..yesterday I got a pnf sell on gold price target 1460..1640 would be a buy signal...so this could just be a dead cat bounce..and of course if we do get into the 1640's then we are in a new cycle and need to stay above that.

Have a great 4th of July..I'm going to my Georgia Mountains for the week!

TM


Have a nice holiday week tradermama. I do not believe in any sustained move either, unless as you say above 1640-1680.

-tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#142 tradermama

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Posted 29 June 2012 - 11:31 AM

FWIW..yesterday I got a pnf sell on gold price target 1460..1640 would be a buy signal...so this could just be a dead cat bounce..and of course if we do get into the 1640's then we are in a new cycle and need to stay above that.

Have a great 4th of July..I'm going to my Georgia Mountains for the week!

TM


Have a nice holiday week tradermama. I do not believe in any sustained move either, unless as you say above 1640-1680.

-tria


Here's an interesting article from ZH on the Euro rally today comparing it to Oct 2011. You have a nice holiday too Tria. I'll be lurking if I can.
http://www.zerohedge...-happened-after
This is another reason why gold might putter if this did repeat.

TM

#143 tradermama

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Posted 29 June 2012 - 11:33 AM

FWIW..yesterday I got a pnf sell on gold price target 1460..1640 would be a buy signal...so this could just be a dead cat bounce..and of course if we do get into the 1640's then we are in a new cycle and need to stay above that.

Have a great 4th of July..I'm going to my Georgia Mountains for the week!

TM


Have a nice holiday week tradermama. I do not believe in any sustained move either, unless as you say above 1640-1680.

-tria


Here's an interesting article from ZH on the Euro rally today comparing it to Oct 2011. You have a nice holiday too Tria. I'll be lurking if I can.
http://www.zerohedge...-happened-after
This is another reason why gold might putter if this did repeat.

TM


Sorry Tria..I just realized you're Greek! LOL! Well, then I guess I will have the nice holiday

TM

#144 dougie

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Posted 29 June 2012 - 11:47 AM

lets see if we bottomed here if we move up past the first week of July, (and that would likely be above 1640) bottom might well be in