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Re: dindindon post# 24304

Wednesday, 08/12/2015 12:47:03 PM

Wednesday, August 12, 2015 12:47:03 PM

Post# of 37920
Gold/Miner & USD

US Dollar Index - Sep 15 (DXU5) 96.12, -1.11, -1.14%
http://www.investing.com/quotes/us-dollar-index-historical-data
Aug 07, 2015 98.42 (swing high)

Gold Futures - Dec 15 (GCZ5) 1,123.30, +15.60, +1.41%
http://www.investing.com/commodities/gold-historical-data
Jul 24, 2015 1073.70 (swing low)

Sunday, 08/09/15 08:51:00 PM
dollar may have reached the strong resistance, thus a good news for Gold bugs. Eric Hadik projects a much larger Gold advance in 2016.
chart: http://forexrainbow.com/images/13611574782314634810.jpg



Told “You” Ya, USD got rejection on the strong resistance, Gold price pops up, so does miners ETFs.

If you missed shorting miners & shorting China stock market ( see re-post (1)(2) ), don't beat your chest hard, healthcare cost is very expensive these days. do you want to miss another one on the big bounce of miner ETF? ( scalp is a different story )

(1)

dindindon Friday, 07/03/15 02:36:30 PM
07/03/15 Gold
The down trend opened a decent Short swing trade opportunity


(2)

dindindon Monday, 06/15/15 10:39:45 PM
FTSE China 50 Index is deteriorating obviously.
any one bought Yang/FXP?
chart: http://forexrainbow.com/images/31897513726341415006.jpg



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