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Categories:Gold / Gold Stocks
Momentum Stocks
Swing Trading
8:03am- SPY maxpain 340, fwiw.
6:49am- The SPX 13-34 day EMA suggests further downside in the market, probably to test the 200 day.
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9/9/20 Money flow still declining.
9-7-20 Gold is vulnerable to a breakdown here, unfortunately.
9-3-20 Gold hasn"t been able to re-cross up thru 2000. Indicators turn south.
8-26-20 Gold and silver on the move again. GDX still wants to hit $50.
8-25-20 Could make a decent case that gold%27s about to reverse upward soon. Nobody expects that. It%27s holding $1925.
8-13-20 Yesterday put in a significant pivot to hold. If it fails, then we"ll be watching for a final low inside the moving averages zone displayed. We"ll see. Quite possible that"s the low for a one month or more ascending triangle consolidation.
8/10/20 Gold may pull back for a month and consolidate, but not too deep.
7-31-20 As GDX could still reach $50 in this cycle, gold could cross resistance as well. RAISING CASH IN GOLD MEANS TAKE SOME PROFITS, KEEP A STRONG CORE POSITION. DO NOT SELL THE ENTIRE POSITION, JUST SOME. That profit gets redeployed during the next down cycle.
7-28-20 RAISE CASH for the pullback. There"s a chance it could be shallower, like $1800 instead of the Thirdeyeopentrades projected $1600-1700 zone.
7-13-20 Bob Hoye sees a potential peak for gold around July 24th. Support at $1760.
7-8-20 Gold has launched into the $1800"s, target $1900.
6-29-20 Gold broke out of its channel "chop zone" consolidation as it sets sights on the $1800"s.
9-9-20 Money flow declining.
8-10-20 Could be a local top at $30, with a month long consolidation into $25.
7-22-20 Screaming silver wants to run to $26. May consolidate a bit.
7-19-20 Silver wants to reach $21 anyway. May consolidate under $20 for a bit.
7-13-20 Don%27t like the money flow negative divergence.
7-9-20 Silver broke up thru resistance on volume, heading toward $21.00. May test $18.75 area for support.
7-7-20 Silver needs to take out $18.75, then it can set its sights on $21.00.
6-30-20 Getting a bit frisky.
6-29-20 Silver is still consolidating sideways above its 200-day moving average. Relative strength is good (above 50).
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