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Topic: I hope this isn't a book. (Read 1031 times) previous topic - next topic

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  • Nikko
  • [*][*][*][*][*]
Re: I hope this isn't a book.
Reply #30
to those whip took profits on miners...congrats...I predicted a 5-10% drop and looks like its starts today.

Re: I hope this isn't a book.
Reply #31
I see a 10-15% bump higher starting today.
For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #32
to those whip took profits on miners...congrats...I predicted a 5-10% drop and looks like its starts today.

News released at 8:30 this morning all stacked up against gold. Retail sales came in better than expected at plus 0.8% m/m less autos and plus 0.4% all in. Empire state manufacturing index came in at 18.7, double the highest expectation. This is important as it suggests there is a pick up in wealth building activity, a much needed development to counter act the growth in consumption resulting from growth in government. Last and probably the biggest influence, CPI came in at 0.6% m/m and 2.4% y/y all in suggesting inflation above the fed's target of 2% annually. While the inflation is PM positive, the grean light all three news items is for a go to raise rates, PM negative in the short run but positive longer term.

Good call Nikko, I hope you made a handsome return on your insight.

  • ken
  • [*][*][*][*][*]
  • Global Moderator
Re: I hope this isn't a book.
Reply #33
The only one I am holding this week is MUX. Didn't phase it...so far!

Re: I hope this isn't a book.
Reply #34
 ;)


For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #35
Yeillin is yellin again I don't know what she would say that she didn't yesterday
these are some very gold bullish candles



For Entertainment Purposes Only.

  • ken
  • [*][*][*][*][*]
  • Global Moderator
Re: I hope this isn't a book.
Reply #36
Meeks is playing politics with the countries future. Idiot!

Re: I hope this isn't a book.
Reply #37
I hate to sound dumb but who? and how? got a link? without cable I dont get news and google meeks and i get a basketball player.
 
For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #38
silver is eating through the resistence band and should really go once 1805 goes.

gold at ST trendilne a break of this to confirm

and the retest of 101  this is a critical time to say the least


For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #39
silver riding the top of the channel, i think it is going to break it today,

this is why all i can say is amazing


gold 4h
the pink is key



DXY breaking down
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Re: I hope this isn't a book.
Reply #40
Mid-day update, gold is hitting the top of the pink triangle.

silver is struggling with 18 and change but did make a higher high

DXY bouncing a little, but the trend turning down sure boosted gold

For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #41

if gold does not break higher soon, the triangle is the likely zone

Silver. I put buy prices in blue and stops in black the targets are the green lines 1850 and 19$

For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #42
For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #43
look at the moves gold makes through this green zone, i am expecting 50$ move to take  just a couple days

5 green fridays in a row. Let's make it 6 today



If the DXY moves higher the next TP is 101.90 if it breaks 101.50 the abyss awaits

Trade well
For Entertainment Purposes Only.

Re: I hope this isn't a book.
Reply #44
If the DXY moves higher the next TP is 101.90 if it breaks 101.50 the abyss awaits

The phrase above copied from your last post Ed, is it what you really mean as we are about a penny below 101.50 now?