It seems that gold can rally $20 at any point, but if the rally starts from 1660, then 1700 is never achieved. So on any close at 1680, it will be an easy shot at 1700 and a trending market.
china closing for a week on saturday is that affecting copper...crude oil the ruler of our CCI roost bouncing off 20-day MA this minute..gold and silver continue to hold their 20's http://stockcharts.com/freecharts/candleglance.html?gld,uso,tlt,fxe,WEAT,JJC,CORN,SOYB,$SOYB,$CORN,$WHEAT,slv|B|H14,3
big usda report friday expecting bullish soybeans, bearish both corn and wheat...
Gold is close enough to 1680 so that a 20 point rally will do the job. I know it, the shorts know it, the longs must know it, and the whole damn world must know it. So its time to get it done.
It seems that gold can rally $20 at any point, but if the rally starts from 1660, then 1700 is never achieved. So on any close at 1680, it will be an easy shot at 1700 and a trending market.
ReplyDeletechina closing for a week on saturday is that affecting copper...crude oil the ruler of our CCI roost bouncing off 20-day MA this minute..gold and silver continue to hold their 20's
ReplyDeletehttp://stockcharts.com/freecharts/candleglance.html?gld,uso,tlt,fxe,WEAT,JJC,CORN,SOYB,$SOYB,$CORN,$WHEAT,slv|B|H14,3
big usda report friday expecting bullish soybeans, bearish both corn and wheat...
cheers!
Gold is close enough to 1680 so that a 20 point rally will do the job. I know it, the shorts know it, the longs must know it, and the whole damn world must know it. So its time to get it done.
ReplyDeleteGold is stuck in a triangle.
ReplyDeleteJust wait.
http://www.monsterup.com/image.php?url=upload/1360216039905.jpg
http://www.monsterup.com/image.php?url=upload/1360216039904.jpg