Tag Archives: Gold

A.M. Look 2/23/12

Posted on 02/23/2012

Yesterday found me beating back my accrued Pavlovian tendencies from my charged years of Pit trading. I wet myself and realized my issue before I embarrassed myself. We try to limit those episodes. Right you are! I’m not alone, we … Continue reading →

Gold!!

Posted on 02/22/2012

I am going to Walgreen’s for a new supply of Depends! The low is descent for now. The upside breakout on the daily’s occurs over 1762. This will have us re institute our Futures Longs. The low 1740’s would provide … Continue reading →

Gold

Posted on 02/22/2012

This is an accident waiting to happen. The Platinum will need closes over 1711 to drag this dog up. The first Thursday of this month I bought Gold here as well and got right out. Sometimes we just never learn … Continue reading →

A.M. Look 2/22/12

Posted on 02/22/2012

Platinum…leads the metals. Last night’s high (1711) was the major 2/3 rds Fib coming back up on a 4 year swing. It’s a big big level! Remind yourself that the Platinum has just rallied $300 in a few weeks. This … Continue reading →

Metals

Posted on 02/21/2012

The industrial metals are leading…Platinum & Silver. Platinum is currently trading above it’s daily key mvg Avg’s while hitting the weekly #’s right here. 1700 Platinum is the 2/3rds coming back up on the 2 year swing. It needs all … Continue reading →

A.M. Look 2/16/12

Posted on 02/16/2012

Spu’s …1329.50-1332 is the level it’s been trying to print for the past 2 weeks. Just don’t initiate a short into this level. It’s a Bear trap area the first time down. Presently the Spu’s need back over 1342.50 for … Continue reading →

Gold…Spu’s…OIL

Posted on 02/08/2012

Gold is trying to decide it’s direction. It just retested the reversal close from yesterday of 1742. This is a mandatory hold level for the Bulls. Price action back under 1738 should be construed as negative. All new sustained strength … Continue reading →

Pattern Alert

Posted on 02/07/2012

GOLD…puts in an ORH day with a close over 1740.90, however we feel you would need a close over at least 1743.30 for follow through. OIL…puts in an ORH day with a close over 97.75. 98.30 ish brings the 50 … Continue reading →

GOLD

Posted on 02/03/2012

Gold is losing it’s shine with a double top on the daily.. Not a fan of the price action…SEll this @ the market

A.M. Look 2/3/12

Posted on 02/03/2012

It’s another un enjoyment Friday. This day has been a non event for a long time with the exception of the metals. The first Friday has typically shown a significant high or low for the next few weeks in Gold … Continue reading →