On CNBC:-
Support at US$26; Resistance at US$38
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Gold, Silver & Other Precious Metals 08 (Dec 11 - Jun 12)
Re: Gold, Silver & Other Precious Metals 08 (Dec 11 - Jun 12)
by winston » Sat Jun 09, 2012 2:59 pm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Gold, Silver & Other Precious Metals 08 (Dec 11 - Jun 12)
by winston » Sun Jun 10, 2012 8:37 pm
On CNBC:-
If you take all the gold that has ever being mined, you still cant fill two Olympic Size Swimming Pool
If you take all the gold that has ever being mined, you still cant fill two Olympic Size Swimming Pool
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 118906
- Joined: Wed May 07, 2008 9:28 am
Re: Gold, Silver & Other Precious Metals 08 (Dec 11 - Jun 12)
by iam802 » Mon Jun 11, 2012 7:10 am
winston wrote:On CNBC:-
If you take all the gold that has ever being mined, you still cant fill two Olympic Size Swimming Pool
Really?
2 Oylmpic Size pools aren't that big.
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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iam802 - Big Boss
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Re: Gold, Silver & Other Precious Metals 08 (Dec 11 - Jun 12)
by winston » Mon Jun 11, 2012 8:48 am
Weekly Review
Gold. 1,591.70, +3.70. Gold is very interesting. It was down big on the day.
It was again down big premarket after that huge 40+ point drop on Thursday. That drop resulted from Mr. Bernanke's lack of any new stimulus or hope of any new stimulus offers.
It was down on the week thanks to Thursday, but it looks as if it wants to bounce right back up. A big reversal with a doji with tail from the midpoint of its second range where it tapped resistance.
This was in the form of the week-long lateral move in the third week of May. It held and bounced to the upside. It acts as if it wants to move right back up.
Maybe it is anticipating some European intervention over the weekend.
Source: Investment House
Gold. 1,591.70, +3.70. Gold is very interesting. It was down big on the day.
It was again down big premarket after that huge 40+ point drop on Thursday. That drop resulted from Mr. Bernanke's lack of any new stimulus or hope of any new stimulus offers.
It was down on the week thanks to Thursday, but it looks as if it wants to bounce right back up. A big reversal with a doji with tail from the midpoint of its second range where it tapped resistance.
This was in the form of the week-long lateral move in the third week of May. It held and bounced to the upside. It acts as if it wants to move right back up.
Maybe it is anticipating some European intervention over the weekend.
Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 118906
- Joined: Wed May 07, 2008 9:28 am
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