- Search Metals Mine
- bigtx commented Jun 19, 2019
Now that this is done, I think the overbought will become apparent. Powell currently working to calm everyone down... stay tuned!
Gold Price Forecast: RSI Triggers Overbought Signal Ahead of FOMC
- bigtx commented Jun 19, 2019
"Tariff news if more fearful than fundamental" seems right about a lot of things going on now. "Gold will have it's day in several years from now..." This guy makes too much sense to be getting US media coverage. I might have to move to ...
Now Is Not The Time To Be In Gold; Recession Fears Overblown - BMO
- bigtx commented Jun 19, 2019
lol this jabroni is offering to sell the coins he made this out of. Be the has a line out the door for that offer... He polished them differently and everything. Nerd alert!
Arizona man builds pyramid out of 1 million pennies in world record attempt
- bigtx replied Jun 19, 2019
Wow, this is interesting to see. I've seen the volume indicators on either axis but to see them in the cluster detail is very interesting!
Deep volume analysis throu Volfix platform
- bigtx replied Jun 19, 2019
I've been watching this ratio like hawk too (no pun intended, just past the FOMC). I see this as a short term separation. People are scared and anticipating chaos, so they head toward shelter with gold. Eventually when things get real and everyone ...
Metals Mash Up
- bigtx commented Jun 18, 2019
No. They're playing the long game while all these traders are trying to make a quick buck. No fault to us traders, but let's leave the hyperbole and panic to the "experts". Good luck to anyone carrying positions into tomorrow!
Will the Fed Cut Rates Again? June FOMC Preview
- bigtx commented Jun 18, 2019
This seems awfully conspiracy heavy. The relationships and the ratios did make for an interesting study though.
Pay Attention Why India is more focused on Silver than Gold
- bigtx commented Jun 18, 2019
Copper scares me! Seems unpredictable, especially with how much it reacts to news re: China.
Copper rises as U.S.-China trade talks set to resume
- bigtx commented Jun 18, 2019
I don't see rates moving this week, so gold likely won't rise on that either. That is said using this guy's own logic. Long-term? Maybe. I think we have a ways to go.
Gold Price Ahead Of The Fed, What To Watch For
- bigtx commented Jun 18, 2019
We may see some whipsaws, similar to this morning. I think this meeting though will go out with a whimper.
Fed May Trigger Wild Swing In Index and Metals
- bigtx replied Jun 18, 2019
Whoopsy daisy. Looks like he pulled the old switcheroo. lol This debate about retail sentiment reminds me of a quote I like: “Investing is the only business I know that when things go on sale, people run out of the store." Apparently attributed to ...
Metals Mash Up
- bigtx replied Jun 18, 2019
I was right there with you thinking this thing would go down there, but it looks like it caught some momentum back up. Any update from your perspective, or did this news and volatility just delay the inevitable? I don't see a real change out of it, ...
Metals Outlook: Cash and Futures
- bigtx commented Jun 17, 2019
Hints at it? Looks pretty clear to me.
Gold Price Chart Hints at Topping Before Key Fed Policy Meeting
- bigtx commented Jun 17, 2019
"On that basis we are now witnessing a battle between strategic buyers versus tactical short sellers. A draw between the two is likely to be seen as long gold stays within a $1,320/oz to $1,358/oz range. The biggest short-term risks to gold bulls ...
COT: Major switching from oil to gold and grains last week
- bigtx commented Jun 17, 2019
Bulls might be tired, but I don't see bears taking over big time. I think we will see some wrestling between the two for a while now without a clear direction. The question then becomes... when it breaks out of this range, who wins??
Gold: Signs of bullish exhaustion ahead of the Fed
- bigtx commented Jun 17, 2019
"While the Gold bulls were a bit disappointed $1350 didn’t hold, we did notch a 12-month high suggesting at minimum Gold’s relevance as an essential safe-haven asset will continue to build." That seems like the most accurate line in this thing. ...
Gold Fever is Spreading
- bigtx commented Jun 17, 2019
I agree it is too early. Sure, things will go south eventually with all of the uncertainty at play. However, I think we have some room to grow before this wily old bull gets taken down.
Why it's too early to hunker down for a recession
- bigtx commented Jun 17, 2019
Now that we seem settled in this range, I plan on capitalizing on those trying to take profits!
Take Gold Profits Now
- bigtx replied Jun 17, 2019
Sorry to hear that your schedule is constraining - I certainly understand that myself! Is your D1 strategy similar, just on the daily timeframe rather than hourly? Not sure if you've been trading in the interim but there has been some interesting ...
XAUUSD(Gold) TradingJournal - Charts&Commentaries – by Wibie G
- bigtx commented Jun 14, 2019
Pretty sober analysis on both sides of this video: "The short term positive momentum really caught a lot of investors off guard"... Count me in there! I'll look to ride a break out too, but I don't think its happening. " I think the market trades ...
Why this pro would buy gold and why he's not now