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Gold bottoms just before the end of the week


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#21 tria

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Posted 01 April 2016 - 07:06 AM

Bought 1/3rd GCM16 @ 1229.90

Buying 1/3rd @ the 1220.00 area

Buying 1/3rd @ the 1210.00 area (just in case they offer it there)

The usual 3/1 mild for me leverage


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


#22 tria

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Posted 01 April 2016 - 07:17 AM

Did and will be doing the same with July Silver futures BTW.


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


#23 tria

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Posted 01 April 2016 - 07:55 AM

Filled, 2/3rds long now in both the metals.

Perhaps the model is running a few hour late, should reverse and if not I'll see how next week shapes up.


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


#24 tria

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Posted 01 April 2016 - 08:12 AM

The only last last things I want to add before calling it a day, is that OI in the Gold futures

has been decreasing recently which indicates that short covering and stop loss selling is well adnanced.

What bothers me a bit is that the early 3/28 Monday's $1,207.00 Gold low in Asia was never tested in

regular US trading hours as is usually the case.

Hense my $1,210 area more Gold buying...

 


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


#25 tria

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Posted 01 April 2016 - 08:35 AM

I forfeited a further $3-$6 potential drop and went to mkt near the lows so far.

100% SHORT now, but  this being April Fools' day you know what I mean.


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


#26 dharma

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Posted 01 April 2016 - 09:49 AM

low could be today, i am looking @ hadiks dates, and i too see short covering by the likely suspects

done 1/3 buying this morning too.  waiting on my favs

dharma



#27 tria

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Posted 01 April 2016 - 10:41 AM

Stirred, shaken but not broken, not yet anyway. Still inside the rhombus.

Since no 5-wave down from the top that I can see, it may not be a H&S formation.

 


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


#28 dougie

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Posted 01 April 2016 - 12:50 PM

Tria are you long or short here?

Edited by dougie, 01 April 2016 - 12:50 PM.


#29 tria

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Posted 01 April 2016 - 01:29 PM

Tria are you long or short here?

 

It would have been nice and had saved both of us some time Dougie if you had taken the trouble and had read

what I posted in the last few days and especially today before asking a question like this one.

 

Anyway, here I go again once more  mad.gif and final time  zipped.gif

Posted Today, 03:06 PM

Bought 1/3rd GCM16 @ 1229.90

Buying 1/3rd @ the 1220.00 area

Buying 1/3rd @ the 1210.00 area (just in case they offer it there)

The usual 3/1 mild for me leverage


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


#30 tria

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Posted 01 April 2016 - 02:00 PM

For Dougie's private eyes,

 

 

Posted Today, 04:12 PM

 

"What bothers me a bit is that the early 3/28 Monday's $1,207.00 Gold low in Asia was never tested in

regular US trading hours as is usually the case.

Hense my $1,210 area more Gold buying..."


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