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Strong January 14-week for Gold, a real possibility.


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#11 Smithy

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Posted 14 January 2013 - 08:34 AM

Tria, very impressive, thank you. I note also that platinum is going ballistic.

#12 beta

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Posted 15 January 2013 - 10:25 AM

Long GLD 162's, 15 min signal targets 165. Will take this more seriously > 170

Edited by beta, 15 January 2013 - 10:26 AM.

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#13 tria

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Posted 15 January 2013 - 10:53 AM

Tria, very impressive, thank you. I note also that platinum is going ballistic.


Anglo American Platinum To Shut Down 2 Mines

Anglo American Platinum Ltd., a subsidiary of Anglo American Plc (AAL.L,AAUKY.PK) Tuesday said it will slash approximately 14,000 jobs, in moves to restore profits. The company will also shut down two mines in South Africa, thereby taking out 400,000 ounces of platinum production.

http://online.wsj.co...=googlenews_wsj

-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


#14 dasein

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Posted 15 January 2013 - 04:11 PM

tria I was surprised by corn - what happened - or how did THEY explain it? tia karen
best,
klh

#15 tria

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Posted 15 January 2013 - 05:10 PM

tria I was surprised by corn - what happened - or how did THEY explain it?

tia
karen


"When corn's DI reading climbs above 60% (chart), the market will be saying "hey look at corn" regardless of what the experts saying."
Eric De Groot

Chart: Corn (CORN) And Corn Diffusion Index (DI)
http://3.bp.blogspot.....2BCORN+DI.PNG

http://edegrootinsig...p;max-results=7

Corn being in backwardation and a quick EW counting suggested that a rebound at least was forthcoming.
Corn was oversold, had a positive diverging ADX and CCI, and had an expiring mfi-T early last week as well.

http://www.barchart....Corn_Futures/ZC

http://stockcharts.c...id=p67729319809

-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


#16 tria

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Posted 17 January 2013 - 01:09 PM

The sky is at last clear for a strong week in Gold.

A rather influential group of people/participants should hit the BUY Bottom and the rise could be as much as about +$100.00

-tria


They finally hit the BUY BUY Bottom as expected and about time too.
http://seekingalpha....er?source=yahoo

-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


#17 Russ

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Posted 17 January 2013 - 05:56 PM

The sky is at last clear for a strong week in Gold.

A rather influential group of people/participants should hit the BUY Bottom and the rise could be as much as about +$100.00

-tria


They finally hit the BUY BUY Bottom as expected and about time too.
http://seekingalpha....er?source=yahoo

-tria


Nice work Tria, I am wondering where you got the secret info from B)
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#18 tria

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Posted 17 January 2013 - 07:25 PM

The sky is at last clear for a strong week in Gold.

A rather influential group of people/participants should hit the BUY Bottom and the rise could be as much as about +$100.00

-tria


They finally hit the BUY BUY Bottom as expected and about time too.
http://seekingalpha....er?source=yahoo

-tria


Nice work Tria, I am wondering where you got the secret info from B)


Russ,

From the local Athens Fish Market grapevine of course, from where else could I have?
Tomorrow is GLD and SLV opex day. Many calls with Strike prices just above the market reside, so I suppose Friday may be Price suppression or stabilization day.

Ideally the chart pattern objectives are 1,740 for Gold and 33.20 for Silver.

Conservative short term objectives and resistances are 1705/1715 and 32.50 respectively and rising every day due to an uptrending channel/resistance line.

Time wise should be OK till end January or early February for the short term, and then we will see.

Thursdays lows may be used as a stop if one (not me) wishes to have stops.

-tria :ninja:

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


#19 Russ

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Posted 18 January 2013 - 01:31 AM

The sky is at last clear for a strong week in Gold.

A rather influential group of people/participants should hit the BUY Bottom and the rise could be as much as about +$100.00

-tria


They finally hit the BUY BUY Bottom as expected and about time too.
http://seekingalpha....er?source=yahoo

-tria


Nice work Tria, I am wondering where you got the secret info from B)


Russ,

From the local Athens Fish Market grapevine of course, from where else could I have?
Tomorrow is GLD and SLV opex day. Many calls with Strike prices just above the market reside, so I suppose Friday may be Price suppression or stabilization day.

Ideally the chart pattern objectives are 1,740 for Gold and 33.20 for Silver.

Conservative short term objectives and resistances are 1705/1715 and 32.50 respectively and rising every day due to an uptrending channel/resistance line.

Time wise should be OK till end January or early February for the short term, and then we will see.

Thursdays lows may be used as a stop if one (not me) wishes to have stops.

-tria :ninja:


lol, well keep talking to those fish market people! The gold stocks are lagging badly, there has been some problems with ceo's in some of the companies is the main reason I have seen. Silver is doing better than gold at this point.

Russ
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#20 tradermama

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Posted 18 January 2013 - 07:23 AM

Hi Tria, 1720 will be a pnf buy signal...so if that hits..we might even go further than your 1740 seeing it's not that far away from it..it would be a first pnf buy signal in a while...also I got a commodity index buy signal..which I've noticed has lead the way...so this is setting up like you said for a good end of the month hi.. Bradley turn 1/29..full moon 1/26..so my guess is in the middle there might be that high..which I think goes in line with Dharma cycle highs but he can expand on that..then next turn date is Feb 15/16 for metals...which again Merriman has an important primary low from Jan 28-Feb 15..so the way it looks..it would go closer towards mid FEb..my guess.. Nice calls you've had..I just got back from a nice surprised 60th cruise with the family.. so I'm catching up..but my mind is still in the Carribean..LOL! Best to you TM