Tag Archives: Gold
A.M. Look 8/22/12
Silver…29.86…30.40 Gold… 1645… 1661 ish is a weekly level. Platinum…1530 -5 is a weekly level…..1582 GBP/USD…the Sterling is trying to get some footing with one of the better looking weekly charts. A weekly close over 158.52 is needed to confirm … Continue reading
A.M. Look 8/21/12
The following are the previously stated static levels. Nasd 100…today I included this chart to show that we’re coming up to a “go or no go level” here as well. 2788-92 was the monthly double top we broke from. 2840 … Continue reading
A.M. Look 8/20/12
30 yr. Bonds…145.04 ( possible double bottom on the weekly), 144.20 ( 200 day mvg avg), 143.25 are the levels to coming down. Bunds..141.09 is 1/2 way back on the year. Italian Bonds…102.14-34…possible double top area on the monthly chart. … Continue reading
A.M. Look 8/17/12
Nasd 100…today I included this chart to show that we’re coming up to a “go or no go level” here as well. 2788-92 was the monthly double top we broke from. 2840 is the 50% re-trace of the life of … Continue reading
SDS…Gold…Position Update
Looking around the board we’re close to playing the match game over a wide array of asset classes. EFA, SPU, DAX, Euro Stoxx 50, Oil, USD/CAD, AUD/JPY, 30 Yr Bonds, Gold… We’re coming into go or no follow through territory. … Continue reading
A.M. Look 8/16/12
8/14/12 The straight 30 yr. Bonds show an exit zone anywhere near the mid to low 146’s with an eventual 145.11 swing count tgt. 30 Yr. Bonds…It’s all about the Bonds, they are running the show. 145.04 is the downside … Continue reading
A.M. Look 8/15/12
Spu’s…need sustained and closing price action under 1389 for this move to be confirmed. 30 yr. Bonds…overnight saw the mid 146’s as an initial reaction zone. This was a previous high that gave us a couple of 8 point moves. … Continue reading
GCZ2_-_Gold-Settlement_Dec_12_Daily.gif
This isn’t working out, however Gold just broke to the unemployment lows and held. Since most of you private wealth guys are trading the GLD and not the futures we’ve resisted getting in and out. Per the chart, Gold needs … Continue reading
Gold…Trade Alert!
Opening Position.. We’re Buying Gold or GLD on a 1618 stop close (157 for the GLD) Professional traders that wish to lead off would have to risk today’s lows. The first profit level is around 1650, which is the 200 … Continue reading