Monday, April 23, 2007

Gold update 690 Wall of worry

Gold 8 hour bars with trend line

We appear to have some room.












Gold Daily Bar 1 year

Tuesday, April 10, 2007

Somethings Up? "gold and silver"


Gold has passed the 675 area and is looking up. We are up at the channel where Sinclair says to sell 1/3... I note the speculative issues are all popping up, feels like a short term top?

Note the MACD does not confirm this move.










Silver, mid channel.
Macd has a ways to go, yes?

















A different view of Silver



















Zoom in on the Silver channel.


Uranium stocks look tired, had a top figured on CCJ, what a run.

General markets also look anemic.







Wednesday, April 04, 2007

Gold Silver Fibs - Perfect touch for Hoye


Gold tagged the 78.6 % retrace perfectly.

Consolidation?

Perhaps Gold knows something we do not.

Sliver, has a ways to go whilst SSRI leads the way.

Gold / XAU ratio topped 6 days ago.

Comod bull back, look at the leaders.

General Markets tenuous, Short MER and JOYG again.




Tuesday, April 03, 2007

Gold & Silver Fib Fever...



Gold 4 hour bars, with standard fib retracements, still stuck in a rut, seems like each day da boyz try to punch it down but...



Silver below does not look as promising.

Sunday, April 01, 2007

Weekend update


Perhaps the next leg up is near...

Made one more trade in the JOYG puts on Friday early. I managed to pick up 1.5k on them this week.

Also, you won't want to miss the bloomberg report on Short Sales. Click the link or Visit youtube and search for naked shorts. Exchanges, report the short positions daily on their websites. $8 Billion / Day in trades goes un settled.