Tag Archives: Gold

A.M. Look 7/8/13

Stocks.. Spu’s…by maintaining higher on the week we’re looking for this to move in 30 point increments with 1657 the next tgt level. 1636-42 is short term resistance and not an area to buy strength into the first time up. … Continue reading

A.M. Look 7/5/13

Stocks.. Spu’s…a close over 1627 ish would generate higher tgt’s GOOG…maintaining above 879 should be considered price positive. YCS…as long as this ETF closes above 63.80 the uptrend is intact. 66.27 is closing resistance. Bonds… 30 yr. Bonds…by maintaining above … Continue reading

A.M. look 7/1/13

Stocks.. Spu’s…are stuck. A new signal will be generated if we close over 1615 or under 1590. GDX… 25.17-44  is first daily resistance. GDXJ…38.48 is resistance followed by 40. No you’re not seeing things! This closed at 9.16 on Friday. … Continue reading

Gold…The Answer is yes!

Everybody keeps asking me the same question. Yes! I am watching it. Today some Wall street firms put out a buy on the Miners and Gold. That was 40 dollars higher and yes I’m looking for a Short Term blow … Continue reading

Gold…Miners…Equity Indices

Gold has shown lots of volatility. June (M) Gold expires today. July (N) is now the front month. While there is not any trade location I can sink my teeth into in the Futures, I like the metals ETF’s as … Continue reading

A.M. Look 6/26/13

Stocks.. Lots of markets are oversold and are experiencing mid week bounces. Brazil ( EWZ) being one of many. Spu’s…1592.25 was April’s close. This will become a pivotal war zone over the next 2 days. Bonds… No change FX… Euro…129.90-130 … Continue reading

A.M. Look 6/24/13

Stocks.. Spu’s…the Sept Futures will need to close over 1590.50 to hold up Macro support and next tgt. is 1562 followed by 1532, levels that will not change. Nasd 100…2888 is closing resistance. 2800-05 is the next tgt & support. … Continue reading

A.M. Look 6/21/13

Stocks.. Spu’s…the Sept Futures will need to close tomorrow over 1597 to hold up on the weekly charts. This needs a close over 1614.50 for higher Nasd 100…2888 is the weekly #. This needs to sustain over 3000 for higher … Continue reading

GLD & Gold position Update

We’re stopped out. We have no positions. We gave it a go because we’ve had this as a tgt level on our matrix for months. Fundamentals had nothing to do with the attempt. It was a measured look off our … Continue reading

Gold Day Traders

Futures need to hold the 1290 level. The exit on any rally is to 1326-30 the first time up. I’m not getting married to this trade since the Equity Indices look to be heading to my lower tgt’s. around 1565 … Continue reading