Tag Archives: GLD
Gold
Gold is winding up for a move out of this area. Watch you’re short term charts for confirmation of timing and direction.
A.M. Look 6/14/12
Gold…1630 is still capping the rally. Platinum…1471 is near term support. 1506-10 is near resistance. General Comments… We reduced our SDS exposure ( Risk Off) by 50% yesterday mainly because I am not a fan of coin flips. Any involvement … Continue reading
A.M. Look 5/8/12
We refer you to yesterday’s A.M. Look for the relevant areas. They are macro levels that are static. General Comments… Pay attention to your technical levels and Time Frames today. Pay close attention to the 30 Yr. level of 144.20. … Continue reading
Gold…GLD Trade Alert!
We’re BUYING a 25% POSITION IN THE GLD @ THE MARKET.. The currencies and their commensurate crosses have shown a trad able low, confirming what I suspect to be an intermediate low in the Equity Indices. Pump priming ( liquidity) … Continue reading
Gold Weekly Chart
Gold…is looking up. Short term players will get excited above 1670 ish.We need a couple of closes over the Fibs and longer time frame moving averages, around the 1678-82 level. Shorter time frame traders…buy the breaks against 1660. Longer time … Continue reading
A.M. Look 4/30/12
Today is all about not fighting the flow. It’s the last trading day of the month! Spu’s…Nasd & Gold are slightly lower on the month. USD/JPY…80.00 is 1/2 way back on the year…”125.20 is the June Futures #” EUR/JPY..105.55 is … Continue reading
A.M. Look 4/27/12
Spu’s…held support last night @ 1388.70 after the Spanish Debt news. Closes over 1402 will be deemed short term positive the Index. Nasd 100…will need sustained price action and closes over 2735 for more upside. Gold…1650 seems to be the … Continue reading
QID…Nasd 100 Trade Alert!
Nasd 100…is at it’s upside extremes of 2707-10 ish. A close over this level is needed for more upside. QID…31 is the matching level. We’re Buying a small position in the QID, with a 30.90 stop close Pros ..you know … Continue reading
Gold…Position Update
We were stopped out of our Gold today. Big picture we’re smack dab in the middle of a $70 dollar range. While we have no Futures position at present we are still looking to re-buy. Long term ETF guys ( … Continue reading