I do not wish to spoil the Party BUT......
#1
Posted 10 August 2014 - 01:58 PM
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
#2
Posted 10 August 2014 - 04:54 PM
http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=3&dy=0&i=p84045201638&r=1407707493517.png
"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/
#3
Posted 10 August 2014 - 05:02 PM
Clive Maund: Silver Market Update originally published August 3rd, 2014
johngeorge
#4
Posted 10 August 2014 - 06:43 PM
Clive Maund: Gold Market Update originally published August 3rd, 2014
Clive Maund: Silver Market Update originally published August 3rd, 2014
A totally useless forecast .... "As we can see, if it is a true Fish Head Triangle, then breakout is imminent, and as with normal Triangles, breakout can be in either direction." Flipping a coin is the same thing as reading Clive's comments.
"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/
#5
Posted 10 August 2014 - 09:31 PM
johngeorge
#6
Posted 10 August 2014 - 09:33 PM
Russ
"Flipping a coin is the same thing as reading Clive's comments."
You can be certain of one thing though...........it will move up or down.
"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/
#7
Posted 11 August 2014 - 04:20 AM
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
#8
Posted 11 August 2014 - 07:44 AM
Support is holding so far this morning, Athens time.
What I want to see, however, is what happens if/when resistace above $1320 is tested, as I think it will be, by this Wednesday at the latest. Hope my cautious view is unwarranted but I must stay flexible as always when trading. I am speaking short/medium term and not long term.
-tria
Well the term wave count suggests we should soon be ending a wave 2 and that means if bullish a wave 3 should launch us above 1320 and take us a lot higher, however I do agree if this does not occur in the next 2-4 days then the bull case grows mucho weaker IMO, we see
BSing away
Senor
#9
Posted 11 August 2014 - 09:26 AM
Support is holding so far this morning, Athens time.
What I want to see, however, is what happens if/when resistace above $1320 is tested, as I think it will be, by this Wednesday at the latest. Hope my cautious view is unwarranted but I must stay flexible as always when trading. I am speaking short/medium term and not long term.
-tria
Well the term wave count suggests we should soon be ending a wave 2 and that means if bullish a wave 3 should launch us above 1320 and take us a lot higher, however I do agree if this does not occur in the next 2-4 days then the bull case grows mucho weaker IMO, we see
BSing away
Senor
Exactly Senor and there are some RSI formations in some smaller than the 4-hour time frames that I do not like much.
These however will look a lot better with a rally that sticks.
The 4-hour and all longer time frames still look fine so far, however.
-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
#10
Posted 11 August 2014 - 09:36 AM
Support is holding so far this morning, Athens time.
What I want to see, however, is what happens if/when resistace above $1320 is tested, as I think it will be, by this Wednesday at the latest. Hope my cautious view is unwarranted but I must stay flexible as always when trading. I am speaking short/medium term and not long term.
-tria
Well the term wave count suggests we should soon be ending a wave 2 and that means if bullish a wave 3 should launch us above 1320 and take us a lot higher, however I do agree if this does not occur in the next 2-4 days then the bull case grows mucho weaker IMO, we see
BSing away
Senor
Exactly Senor and there are some RSI formations in some smaller than the 4-hour time frames that I do not like much.
These however will look a lot better with a rally that sticks.
The 4-hour and all longer time frames still look fine so far, however.
-tria
I like what I see so far, love the risk/reward from here, but also have a level (reasonable risk) where I will exit all longs as my bullish wave count would become unlikely, whether it rallies or I am stopped out I cannot ask for more than that
Senor