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Does Yellen spoke with miners and Gold bugs today??? made a party???
what a stupid move without any technical, without news, just because they want to.....don't i told you, look the title of this stupid article on seeking alpha came out minutes ago.."Gold Shines A Light On Dollar Weakness"...if i see this guy i will spit in his face....i don't even want to read what is inside.....i want to know what the hell they are going to say when/if miners falls like a meteor showers.....i'm tired to walk or run....
this will be boring without your posts.....and i will lose any kind of hope with DUST even knowing that hopes is not a trading strategy...BTW where is SGREG and SgtJBone???
this rally in gold today is very strange look at the volume in the 5min chart on GOLD, and GOLD is rising along with $.....i think that there is the same OTC P&D job than here...too much manipulation in the market, in general terms...and then a lot of suckers came out with articles justifying whatever shit is happening...like OIL is down because the fire and Canadian blablabla, the FIRE keep going and OIL is up 2.8% and is another stupid thing made up articles.....that's why i prefer technical but here in miners and DUST technical doesn't work.....
GDX touch the mid BB and scream and run like a girl...25 days since the last one they touch it but never under.....maybe the FED want to sell the stupid gold coins and that's why the want this to hit the moon....grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr...look where is the GDX VWAP, is here in Florida, they need a fly to get there....
after your move, you won't be posting here anymore???
GDX 3x leverage BULL-CRAP GOLD mode activated...this is beyond stupid, GOLD last 20 min trading sideline slowly and GDX running is fucking insane
You seem mad. Can't you sell your 10k at $1.38 or something for a 20 ticks win and wait if this endless tale finally do something rational??? If you do that the rest of your 10k keep the $1.98 average price??? sorry my ignorance but never did before.....
I won't bother you today with numbers...i'm studying futures so i can make a decision about the link you send me last friday, i don't want to go in without basic knowledge.....and i need to take a look to ninja, never used before.....
P.S: I don't like today candle formation on GDX. It look like a Bullish Harami, the past two formed (March 2 and March 24) had almost perfect shape and look where we are.....
You had right, $23.56 was the price of the day, and was broken only at EOD, lets see if China keep dropping GOLD so tomorrow we'll enjoy another gap.....at 1:14pm ran to their VWAP and bounce hard.....tomorrow could be your day out...i need to improve a lot more....
chicks website is down.
yes i know but it take me an hour to write that last post, they don't even touch 23.56 when i was for half of the post LOL....i change several times the number and check the past price level because i was slow...grrrrr...i check support and resistance and i don't know why fibonacci works most of the times, that's why i like it.....anyway noted what you said and more or less our numbers are close.....GOLD bouncing at $1262 and GDX made a double intraday botton at your price area, so this could be all for today but lets hope not....it is not usual see a green color in DUST, must of the time is like a Greek Arena, DUST + BLOOD seems to play well lately.....LOL...
yes they broke fast the $23.79 area because one gap and next little bouncing points should be $23.68 like they did minutes ago and your $23.56...but i may be missing something because i don't see $23.56 as a big support level, it should bounce there but if gold brake $1262 i think that the next area is $1258.20 where is the 61.8% retracement of the last leg up too, but until gold goes down to $1247.50 (76.4%) that is a better point of support, but i don't see that today.....IMO as GDX started they last big run at a low of $22.39, this is a big correction and i see GDX going down to the $23.28 area because is the 76.4% retracement level of that last big run, and i was following the % of the retracement UP and DOWN and always touch that 76.4% level..but that only could happen if GOLD continues falling and it is close to do it.....$23.28 was the last HIGH price before the last leg up on April 27, bounce hard in that price on May 4 and i think that is the key price to brake to go and confirm the big correction GDX need to do all this month.....that's what i think should happens and there is a lot o number there hehehe....
Morning, thanks for the links i need to check today because i had a busy weekend.....i didn't search enough but with the funded trader site i know they said GOLD, but can i trade miners and ETFs there???
$23.79 is the actual support that GDX need to brake touching $23.56 and bouncing a little, i don't see $23.56 as a hard support level, i think the hard one is $23.30 area.....
thank you for the link i will check all the weekend....i liked already your explanation about the site, and if is like you said i really need it....thanks
happy hours ended...i can't send another PM....i will answer from here if you answer me back....thanks for reply back the last one
I think that GDX is 3x vs GOLD, but in any direction, if GOLD goes up, GDX goes up 3 times harder, if GOLD bounce back 30%, GDX goes bounce back 90% (check today bounce action).....i think they miss the part when they didn't told us that GDX is 3x leverage on GOLD.....what a fuckers man what a fuckerss grrrrrrrrrr.....even when GOLD goes down, they don't go down like GOLD does, they play around and goes down step by step....is a fu..ing madness is what it is.....i think that when stupidity or whatever is happens with miners, they will crash like the mortgage crisis.....i will enjoy that more that anything believe me
Gold And Gold Stocks - Is The Correction Finally Beginning?
May 6, 2016 1:02 AM ET|
By Pater Tenebrarum
Triangle Thrust and Reversal
In mid-April, we discussed weekly resistance levels in the HUI Index. Given the recent almost blow-off like move in the index and its subsequent reversal, we decided to provide a brief update on the situation. First, here is a daily chart comparing the HUI, the HUI-gold ratio and gold:
After building another triangle, the HUI has delivered an upside thrust in the direction of the preceding trend. This is quite normal, and so is the subsequent move back to its origin. Three things are noteworthy here: 1. In terms of the HUI-gold ratio, the recent decline is already the strongest of the entire rally since the January low; 2. The downturn hasn't violated the short-term uptrend line just yet; 3. The peak was put in exactly on the day on which gold confirmed the rally in the HUI by breaking out to a new high for the move as well.
Looking at an hourly chart of the HUI, one can also clearly see that the short-term uptrend line remains intact so far - at the time of writing, anyway (this may already have changed by the time you read this). Moreover, the thrust higher and the subsequent pullback actually look quite normal in the context of recent activity. Similar patterns have occurred throughout the rally to date.
HUI - an hourly chart of the rally since mid-January. So far, the short-term uptrend remains intact.
Of course, the index is very close to said support trend line, and given the upcoming payrolls report and the by now very stretched speculative net long position in gold futures (approx. 250 K contracts net), it is quite possible that this support will fall. However, as long as it remains intact, a resumption of the blow-off move definitely remains possible as well - it it were to happen, it would likely target the 260 level on the HUI, the next major lateral resistance level.
A Look at a Past Rally and Correction
Given that the index has become very overbought (along with the entire commodities complex), one has to take the correction potential seriously, even if a long-term bull market is indeed underway. However, we want to stress that one shouldn't get carried away by this potential either - not only does an imminent resumption of the rally remain perfectly possible on technical grounds, but a bigger correction certainly wouldn't alter the longer-term prospects.
One has to be cautious, but at the same time, one must avoid getting "bucked off" by short-term market volatility and potentially lose positions one later wishes one had kept. So what, if anything, one wants to do about this depends very much on one's trading/ investment horizon, personal risk tolerance and so forth. We only want to discuss the various possibilities and associated probabilities here.
One reason why this is a good moment to provide an update is the fact that something eerily similar has happened in the past. Below, we reproduce a chart we have shown on previous occasions - it depicts the HUI, gold and the HUI-gold ratio from 2000 to 2002. The point that is of particular interest here is the time when gold finally "confirmed" the strong rally in the HUI in May 2001.
A strong rally in gold stocks started in November 2000 - the first significant correction began only after the gold price confirmed it by rising to a new high for the move (see the red vertical line). The extended sideways correction that followed looks like a fairly calm period on this long-term chart, but it was actually quite volatile and involved large percentage moves. It also provided a great opportunity to buy for an even bigger rally leg that started in late 2001.
Conclusion
Given that gold has just technically "confirmed" the rally in both the HUI and silver, one has to be alive to the possibility that the (by now long-awaited) correction in the gold sector is finally beginning. If that happens, we will provide an update discussing support levels and potential entry points derived from them.
On the other hand, should the rally resume in the short term, it seems highly likely that strong resistance at the 260 level will stop it, and that a correction will start from there. The more overbought the sector becomes prior to a correction, the deeper and more long-lasting it will probably turn out to be.
We would, nevertheless, try to avoid getting shaken out of long-term "core positions", unless fundamental and technical conditions begin to suggest that it is necessary to reconsider the long-term bullish stance.
what i want to see flying is not the chick.....huge bid support on DUST almost a million....GDX retracement from their recent downturn from $26.17 - $23.29, they crossed every single one and is very close to the last one (before go 100% and make double top of course) of 76.4% at $25.49, maybe was confirm at today high $25.439....but who fuc.ing know anymore..if this happens $1.33 is a strong buy price and maybe what this articles say could start, but i'm not confident anyway....anyway if that happens i just can watch, but improving my skills for the future....
http://seekingalpha.com/article/3972175-gold-gold-stocks-correction-finally-beginning
i agree with you about Clay charts, i prefer and i'm new, but i prefer my charts and fix whatever thing i made wrong but by myself, is better than depend of another guy....
morning, where are you been....this is crazy again...i don't see any sign of light here, i think that lower will go...what a fuckers man what a fuckers grrrrrrrrrrrrrrrrrrrrrrrrr.....the endless tale.....
you are now at $2.20 average and if you add more wou will be under $2...good for you..the decay is killing DUST and that is why you are doing that.....i think than even you don't know anymore what the fuck will going to happens....correction did not happens once again...there is endless shares for miners? there is endless money to buy them? maybe i will build a nest and live there...
one chick is now on the edge of the nest
Good article and i agree with everything said in it:
http://seekingalpha.com/article/3972175-gold-gold-stocks-correction-finally-beginning
i didn't like today price action and neither the candle, i knew that 3 days in a row like the last 3 days it was to much to ask....every time GDX has had (in the little pullbacks) a green candle formed like today, the bullish or Bull$hit(i prefer this one) sentiment has continued their path.....and tomorrow is Employment Situation report at 8:30am.....oh man i don't see the time that i get out of this.....i don't think that tomorrow will be a good day for DUST...articles and CNBC continue posting "IT IS THE TIME FOR BUY GOLD".....what a fu..k3rs.....they don't even retrace at minimum 23.6% since the beginning of the uptrend and a lot of unfilled gaps on the way....and IMO GOLD chart looks horrible for DUST.....
i'm seeing a Deja Vu of me, walking and running tomorrow like a Mad Man.....grrrrrrr
GDX insane mode activated....GOLD going down the last 10 minutes, GDX going up
I was one who take note of every single big block even before delisting from nasdaq.....i started to check in january and almost every single day there was a big block traded by market maker called NDD, who is in charge i think to foreign trades...due that ASTI's CEO Scam Lee, have business in Singapore i think that the big blocks is going to some Singapore Investor, you can check too that two of the biggest shareholder are from Singapore.....After never ending history of dilution with biggest block increasing daily i stop do it, and i began to do something more important than check this pitiful company that does not give a shit their common shareholders.....after join to OTC pennyland our friend VNDM is hammering hard day after day and i think that is not over yet.....however they can stop if they want, it is suppose that is a 3 years deal and they need to pay up to $42 million to Redwood in two different notes, one of $35 M and the other one is $7 M......
now that said, if ASTI have all the thing they said, the products, the distributors, the patterns, etc...by the way if they went to the White House 2 weeks ago, they should have everything they said....BUT has been a really pain in the ass watch the dilution....our friend verax have right in one thing, pull out to years ASTI chart and you will see the epic downtrend they are since forever....perhaps this should be the bottom or close to 4 cents that BTW if tomorrow dady VNDM shows up, we will know our new friends and is called the FOUR CENTS.....
If you are new on ASTI they never had $270 share price, in almost every chart tools appears to that is the price in the past, but don't, that is because 2 reverse split in the past and they fix the chart including the after price.....the top ASTI had in price was $7 and something but with a shit of volume.....
ENJOY, i'm sure that you will make more money than us.....i'm waiting for my average price to get out, i don't care what happens with the company, they can explode nuclear and i'm still don't care.
thanks for the PM, i will check but i need time for that, i like every patterns even if i use only 3 or 4, but is better know everything now that i'm learning and the amount of money is poor.....
About DUST today was the day with more Volume ever, and in a very good green day...this is the first time that GDX since the beginning of the rally on january, is the first time that has 3 red days in a row like this 3 last candles, so i think that if brake the $20.50 - $21.50 (far from now), that was the path of GDX rise through 3 weeks starting on April 7, for me that i use BB, GDX need to brake under $23 tomorrow that is the middle of the BB, and if panic sell go along that GDX can go down and finally the correction stage begin.....
I consider the bullish movement on GDX from $12.85(Jan 20) to $26.17(May 2), a hell of a rise of 103%.....for me the retracements points are $23.03(23.6%), then $21.08(38.2%), then $19.51(50%) and $17.94(61.8%).....i like fibonacci.....BUT due that with miners and GOLD mother.f...ers bug boys, TA wasn't working lately, lets see what happens tomorrow, that is a KEY day IMO....
P.S: When the chicks will fly??? I have open all day and watch from time to time
I don't agree with that article, when miners get a little reversal all that disgusting articles out are a simple justification for what is happens so if somebody decide to drop perhaps they can stop some, it is my opinion.....if miners follow gold, and gold demands has decline a lot this 4 months, and year after year, there is a lot of articles saying that it is overvalue and this $1300 price is not sustainable.....i prefer to believe that but what i do prefer is get out and play when the money head, like of all you say.....i don't hate gold as gold is, i hate now because i bet against it and get crush, when i'll finally get out, i would love whatever i buy for the moment i bought until the moment i sell.....
Did you see the 1.1Million in the DUST ASK size??? was slapped by hundreds in one minute at $1.68 minutes ago...another big volume today....
yep i did the math and is almost the same.....if that math work when GDX fall to $20 we should be at $2.50 and me happy like hell...thanks for the tip.....
good day today and maybe tomorrow will enjoy my "Happy Gap" after all.....the best thing is that GDX is falling hardest than GOLD, and when GOLD fall the fall more, so that is good news for me and health for my eyes and brain, that has been suffering a lot lately....i know how to use BB but due that you use another pattern perhaps that mean BB is for rookies, so i will research about the other one.....watching oil too and they made a hell of a bounce 20 min ago (what the hell was that), and i need to use to it watching before put money there.....(oh wait, money what money, my money was stole by miners...LOL)....
vacation day today??? if today action continue could be clear reversal for miners....i was reading about some articles shorting position on miners....and this time the pull back is bigger than the previous times....
Folks be prepare for $0.04s if VNDM continue doing his job, and today is working day for them, and last week they got a full time job on ASTI.....so don't be surprise if this head down to 4 cents area...nothing last forever but can turn worst and people will die on the way....GLTA
there is another report at 9:45, the PMI Services Index that probably will impact on GOLD price, so if i was you i will wait after 10 - 10:30 am when overreaction ended....
Morning.....We may have our first Green Gap since march 23 and finally start to fill all the rest on the way.....there is some serious articles about GOLD and miners correction and time to sell so if "people" listen like did with pump articles, we can have some happy days ahead.....i think GDX need to trade around $19 - $21 area for a month or a couple of weeks so correction and bullish continuation can move on....
P.S: The stupid ADP Employment report change everything i wrote above for now, but i don't want to delete it....it is crazy how this people use any kind of news to buy like crazy.....what a fuc..kers
morning, of course they are, and the good thing is that is falling fastest than GOLD, when gold continue to fall because is on overbought territory too, will be nice....we need GDX falling to $20 but who know how long will take, so DUST can enter into $2 region....GDX could bounce a little around $24.75....
yesterday the chicks got a bad storm, mom was taking care of them but i thought that the nest was going to fall, or one of them
thanks for the PMs....the second one good play for you, i learned to do DD with pennies $hit, but they are pennies for a reason.....i can't get out of ASTI because i'm down 55% and have more money there than in BIEI & SBFM together....waiting for the next pump to get out, i could get out on march 14 but was a moron and here i'm, holding $hit....i agree with you about the two biomedical $hit, waiting for a get out too and come to play with real stock, tired off all of them.....
the last two pennies i was watching and let them go even when i did know was going up, no money to buy because DUST(Lol)....was PPCH and TRTC, watching from the beginning of the uptrend, was painful just watch...
After hours GDX and DUST move to their VWAP.....
Am I right about the ratio i posted between GDX and DUST when GDX is going down???? (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122346243)... i would like to know...thanks in advance
GOLD going down before closing bell GDX up fast looking for their VWAP.....spreads between high and low prices comparisons between GDX and DUST is disgusting when came for a pull up on DUST.....16 cents on DUST vs $1.07 on GDX...what a $hit.....if the ratio between them will be around 6 or 7 cents (i hope not); this is hardest than i thought.....GDX need to go down about $7 more for DUST reach the $2.50.....i hope i'm wrong...
my list of pennies are:
- ASTI ($0.12 average price), and is killed by VNDM every single day since forever)
- BIEI ($0.023 average price, i should bought today when was 1 cents so i can doubled down at least, but i didn't, don't trust in pennies)
- SBFM ($0.015 average price, i should sold today at $0.0135 but i didn't)
yep that is very nice and fun to watch, if brake $25 i think will be free fall until $24.30 area....hoping this slight pull back don't last to much more
ok thanks for that i will.....noted that today DUST have much more volume at this time of the day in comparison with past days.....i hope you enjoy some oil scalp today, it is getting hammered big time....
lets hope that, for me the reversal is beyond overdue and if you look at the 10 years chart on GDX there always a big retreat or correction after a such big move, it always happens and this is the bigger one...even at the end of october 2008 until January 15, 2009; that was the initial of the uptrend ending on september 2011, there was a pullback of about 40%....so lets see what happens
only good things today for me is that my pennies are moving (2 of them), hoping a get out this week
yes i'm watching that, i was expecting for a pull back on GDX today, it was completely outside of the BB and need to come inside..the bad thing is that we are far from our price and that $ucks.....i think that today the top in DUST "IF" continue recovering, will be around $1.50.....for us take a happy day will be IF GDX goes down to $21 level and fill some gaps on the way down.....GOLD is dropping at a faster speed than GDX; and GDX recovery is faster than GOLD.....i hate that.....USD doesn't look good but touch today the lower price touched on august 24, 2015....lets see if bounce now, it is completely outside of the lower BB too.....lets see if this week is good for a get out
on CNBC are talking about big boys and fraud...knowing results before released and taking millions on profits...they said bonds....
that could have some relation with miners and gold ???
daddy shows up so we are grounded
i need this close to $0.12, if VNDM remain at $0.10 is not good for me...i need a get out price
VNDM moved back to $0.10...lets see if something good happens today....
morning, yes at 9:45...lets see if help to drop more GOLD and stupid GDX
I going to watch that, i like everything about the last crash.....did you see the movie "THE BIG SHORT"..??? i don't know if is too amateur but i watched 3 times in 1 month, and i want to watch it again maybe this weekend....