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Categories:Gold / Gold Stocks
In essence, my trading revolves around crowd psychology or what I call 'Crowd Behavior'. If there is one thing in the stock markets that never changes, it's how crowds react to news, events, and extreme price swings. And more importantly how they over-react. Combining the strengths of monthly, weekly, daily and 30minute chart technical analysis we as technical traders can expect strong price movement within days of entering a position.
Be sure to read the short comments under each chart, they do provide a little more insight into what the chart shows.
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Short selling this ETF has been simply incredible the past few years. But I worry this no-brainer trade is coming to an end later this year. Volatility should start to be on the rise for 1-2 years, you have been warned...
Call the bottom months in advance for $27. Now, with the falling dollar commodities should start to shine for a few month (oil, metals). BUT oil needs to close and hold above $62 this month for it to be confirmed in a bull market.
Dollar trend is down and could fall a longs ways!
Commodities should rise!
Gold nearing the end of a multi-year basing pattern...
Silver I really like as it has more upside potential that gold.
Gold miners holding strong, but there is still a chance for a quick washout low to $17.5. We need to see it break higher sooner than later...
This chart makes miners look really bullish. I like them, and its just a matter of time before we get another big run up.
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