23 thoughts on “Gold Alert!”

  1. the last 10 yrs of time have been telling that We r in a mega minimum
    20 yr bull market at the veey minimum 20 yrs...
    gold is clippimg along pretty good in its 2nd stage but silver is not even
    halfway through it,s first stage yet!! the third blowoff stage
    is many yrs away yet iMho....
    anyOne short silver right now either works for JPMORGANCHASE
    or HSBC or insane... You will see... mark My words tY

  3. @ Arpit

    U sure are dazed my friend... 1120? Easy to say when the market is off right? U see my friend let me explain something to you, Gold is bullish in the medium to long term, however, there needs to be corrections on its way up, to make it a STRONG BULL MARKET, just like how the dollar index is correcting from its decline right now. now thats something you would want to SELL SELL SELL. however time will tell as ive said many times before, and up until now, i dont think that i stand to be corrected in any of my statementS made on this blog.

    REGARDS
    THE GOLD BUG

  4. Gold prices will probably go down to 1275 maybe to 1265 after Nov 2. That is next week and Gold can drop $10.00 in one day or more so now is the time to look into some gold and silver stocks also some ETF'S so you are ready when gold makes it's move. It will go on a bull run until it reaches $1500. Stop complaining and get ready to make some money.

  5. that sell comment is going to look awfully foolish come january armpit, iMho, when gold
    is north of 1600 and silver in the 30's

  7. Went short silver, watch those soybeans, when they drop you better be short silver! Hi Ho Silver!

  8. Nice, we can all make money with this trade triangle by shorting when it says to long and longing when it says to short.

    @Carlos Romerio - physical bullions only rise at the rate of the spot physical price, certain gold stocks and other funds rise more % wise than physical spot price. I laugh at you (no offense to you personally but you laugh at us traders so I laugh at you) getting a 1:1 return.

  11. what has happen to your trade triangles sir, buy at 1347,sell at 1328,it maid to much of loss
    now dollar is 1345

  12. Keep your gambling (trading) money and buy gold NOW. Chances are you will be ahead later.

  14. Don't shoot the messenger. On at lease five occasions since early Aug there has been a daily sell followed the next day by a buy triangle. If you include reversals over two days, the number is 7. Scalpers could have made money overall on the 1-minute chart. And if you don't want to scalp, act only on the weekly triangles. You would have bought on Aug 12 and you would now be up $120-plus and sleeping well.

  15. I DO NOT trade gold. I have been accumulating bullion starting at $400 with a last buy at $1223. Future buys when it whipsaws lower. I laugh at these dumb traders trying to accumulate worthless $ by selling valuable gold. What a waste!

  16. Short term triangle won't work with gold, it's going up again. They work well with other securities, but not gold at this time.

    Low implied volitility make options very good at the moment, use them if you trade options. Otherwise take your view for next 1-3 months if you're a trader (long or short or stay out) and trade with a dynamic wider stop.

  19. lets see now...buy at 1347 on monday and sell at 1327 on wednesday. boy these alerts a great!

  22. As noted earlier, this one will likely be profitable. $US up, AU down. The alert was on the chart much earlier this AM. It has been up and down on the 23.8% Fib since Oct 19. next Fib level is $1300.

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