Short then long
Astro target of 1300 i spelled out on APRIL 1 was missed by 6 dollars. AMAZING!!! silver was off by a couple cents.. WOAH!
I am still amazed at how profound of an effect the latest retros this month has driven commodity prices higher. Not only has GDX popped for over 4-5% on every retro but the inner momo being built inside the cause for all commodities is scary. (even bdi has some movement finally .. this has not happened in the last 6-8 years.
As I expected Gold.Silver.Palladium. Platinum, Potash, Corn etc are all outperforming the general market....
Of course if one understands the fundamentals for commodities it would be a lot easier but the basic case for the exponential rise of price is contributed to a weak dollar. As the dollar continues to weaken and even targets 92.5 a swing low, I can see why price will continue higher.
I still stand by my bullish stance but price needs to cool down for the next leg higher.. all my targets were met time for a slight break before another ripper. ( this is the last zone of defense for the bears.) I expect some kind of pressure.
Astro target of 1300 i spelled out on APRIL 1 was missed by 6 dollars. AMAZING!!! silver was off by a couple cents.. WOAH!
I am still amazed at how profound of an effect the latest retros this month has driven commodity prices higher. Not only has GDX popped for over 4-5% on every retro but the inner momo being built inside the cause for all commodities is scary. (even bdi has some movement finally .. this has not happened in the last 6-8 years.
As I expected Gold.Silver.Palladium. Platinum, Potash, Corn etc are all outperforming the general market....
Of course if one understands the fundamentals for commodities it would be a lot easier but the basic case for the exponential rise of price is contributed to a weak dollar. As the dollar continues to weaken and even targets 92.5 a swing low, I can see why price will continue higher.
I still stand by my bullish stance but price needs to cool down for the next leg higher.. all my targets were met time for a slight break before another ripper. ( this is the last zone of defense for the bears.) I expect some kind of pressure.
Komentarz:
2 taps too short.
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HIgh five nice slide! hehehe follow the rules and you win! best risk.reward trades
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Wooottttt madd greeen!
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WOooooot follow the rules and you win!!!!!!
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Short the taps= you shorted from heavens door ^.^ high five!
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Price pullback today was nice! Can price pull back more? (overall I am still very bullish for gold/silver) BULLISH!!! overall on the metals... (dollar can change the game very fast)
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Look where price is and look what i wrote ^.^ enjoy friends
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interesting dojis
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interesting dojis= back into base ^.^
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^.^ hehehehheh
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sold all dust.. bought some silver calls.
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(do not get me wrong.. I am bullish you should buy gold! ) but for now caution! hehehhe later we may see spectacular spikes in gold price.
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did a check support with low volume.. Dollar can be a creeper careful while trading...
( I am getting slightly bullish.)
( I am getting slightly bullish.)
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mooooooooooooooooooooooooooo
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Choppy waters ahead soon goldbugs
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Look where the bears brought price! this was all on high volume up and low down. Is this a big shakeout?
Komentarz:
new gold chart with channel s/r fib lines
