Tag Archives: $GOLD

$VIX Backtest On Watch.

Keep eye on $VIX as it is rising toward what has been resistance. This could prove difficult to do? Im thinking it will again provide support for any market drops next week. Also, $GOLD looks like it may have hit a wall.

 

Leave a comment

Filed under Uncategorized

Gold target has been reached

Looking for gold to hold the line in this area. The key is to be patient and let it show its next direction. $GLD

Leave a comment

Filed under Uncategorized

$GLD Ready to Bounce?

Upside risk reward set up favorable at current levels. Lets see if we can hold here and taking a shot on the long side with stop at recent lows at around 1197 on gold futures.

Screen Shot 2015-02-19 at 9.51.50 PM

Leave a comment

Filed under Uncategorized

$GLD – Possible Head & Shoulder

 

If this potential head & shoulders in gold plays out, new lows could be in store.

goldheadshoulder

Leave a comment

Filed under Uncategorized

Decision Time For Gold

…Decision time for gold. It got the 20 DMA over the 50 today, it needs to hold for this to be bullish. Which side will win the battle??

In addition note the bearish cross on PMO, this would suggest further downside is imminent.

sc

Leave a comment

Filed under Uncategorized

Impending GLD MACD Bearish Cross

Impending GLD MACD Bearish Cross

GLD Bearish Cross

Leave a comment

February 28, 2014 · 11:39 am