Strong January 14-week for Gold, a real possibility.
#11
Posted 14 January 2013 - 08:34 AM
#12
Posted 15 January 2013 - 10:25 AM
Edited by beta, 15 January 2013 - 10:26 AM.
#13
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
Posted 15 January 2013 - 04:11 PM
klh
#15
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
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
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
"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
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
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
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
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
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
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
"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
Posted 18 January 2013 - 07:23 AM