- Search Metals Mine
- 21 Results (18 Replies , 3 Comments )
- Chancy replied Dec 9, 2023
OK gold bugs. This might interest you. Gold Sovereigns are a world recognised gold coin. Now a 1957 Gold sovereign sold for £463 on ebay this week. Big deal right ? Maybe, however if this was correlated by weight to a spot gold price we're looking ...
- Chancy commented Dec 5, 2023
Days of free money are over for the time being. Wouldn't be surprised if the fed keep rates as they are for a year or so. It's not like there isn't enough money in the system.
- Chancy replied Dec 4, 2023
Thanks for the heads up FxArt. Got out of a buy trade quick and the price dipped $30 to 2020.
- Chancy replied Dec 4, 2023
D1zzy you are quite correct in my opinion. Here are the options from IG which closely follows comex. Gold 2000 April 2024 Calls cls Fri 132.2 Sun & Today High 179.3 to low122.3 is 57.0 Puts cls Fri 25.6 Sun & Today High 24.9 to low 19.6 is 5.3 The ...
- Chancy replied Dec 2, 2023
OK gold bugs . A weekend Elliott wave count from Chancy. Wave 1 $1810- $2009 is $99 Wave 2 $2009- $1931 Wave 3 can be 2.618 x wave 1 , $259 . Low of wave 2 $1931 + $259 is $2190 That's from the daily chart. A count on the monthly chart gives a ...
- Chancy replied Dec 1, 2023
Roger that
- Chancy replied Nov 23, 2023
Gold futures market closed. Shanghai open later .
- Chancy replied Nov 15, 2023
Just don't know. Price has been edging up this morning. Speculation or someone knows something ? 11.00 am is the time of the London fix but this is more to do with tradition . Sorry the London fix is 10.30 am and 3.00 pm. But it doesn't necessarily ...
- Chancy replied Nov 15, 2023
Red news items 1.30 pm. More surprises ? Mind you Retail sales is -0.1% forecast so wait & see.
- Chancy replied Nov 14, 2023
When the $ depreciates Gu can go up that way it acts as a hedge on $ value. A hedge in terms of money finance not a hedge in the garden.
- Chancy replied Nov 14, 2023
Last time CPI was 0.2 Gu went up $50 in the subsequent few days, that was July.
- Chancy replied Nov 12, 2023
Perma Gold bull me. Reason Gold is not $4-$5 k is world banks are desperate so they just keep on selling on the futures market. Paper money vs. reality . One of my favourites Meddle. Echoes sublime solo.
- Chancy replied Nov 12, 2023
Gaps up and it'll keep on going higher.
- Chancy replied Nov 10, 2023
In the longer term you'll be right at some point.
- Chancy replied Nov 8, 2023
image Oversold on the 4 hour
- Chancy replied Nov 6, 2023
My own take of a Monday morning. Price will chop about as per usual $4.00-$7.00. Seeing the 1970 getting tested again. It'll bounce off that to reach 2000. When these levels are reached is not easy to say. 1970 by Thursday ? 2000 by next week or the ...
- Chancy replied Oct 31, 2023
It's going down to test test support at old resistance. If support is found then it will go up to test the resistance at the highs.
- Chancy commented Oct 31, 2023
The good intentioned writer of this article only mentions the daily RSI. The weekly and monthly RSI a different reading. An old trader once told me indicators can stayed pegged.
- Chancy replied Oct 4, 2023
Looks like the yellow metal this morning (London time) will trundle to at least 1825 then more ? Blow the stops around that price . Then meander on down blow all the stops below yesterdays L 1815. Just my take.
- Chancy replied Sep 29, 2023
Good question. Basically this is what markets do. They go up and down and down and up. Buyers and sellers. Which is fortunate for us traders because if they didn't we'd not have the opportunity to try and make some money.