Long term stock tip - stagflation scenario: - Scenario: fed raises rates (higher dollar) - but the donald needs a lower dollar for his policy. 2017 is thus the battle of the dollar and my entire 2017 strategy is based on it. Who or what is Nyrstar? - Belgian (european company) : Nyrstar is a global multi-metals business, with a market leading position in zinc and...
Expecting a slow move down up until at least 50% fib dec low - jan 16 high. TP: 50%
Goldbugs need to follow very closely this week. We are exactly at the 38% fib from july high to december low. Be carefull, the current swing low could easily rotate back. Tradesetup: bull swing => till break set up => bear swing
Will gold bounce back next week or break trough? So far i am saying long. But watch closely
Stock to track for swings, has had a nice longer term trend. Lets see if it forms a higher high or a higher low. For now The Bias is Bear.
SPX bearish rising wedge long term: a sideway movement/correction has most chance next few weeks, after which we can climb again
Gold currently is stil in a bull swing mode. We have a higher high at 1185.04 followed by a higher low on 1177.00 Next higher high has been placed on 1206.94. Personal advise: BULL until we reach 1185.04 (stoploss area). We turn down if we go below 1177.00
chart 3 gold: if you add in previous charts posted you can see the only chart really given a longer term indication bullish for gold is the miners. We can conclude that the miners have taken a headstart on spotprice. This isnt really a good indicator to stil step into miners. However given the longer term charts on spot price which are neutral this is certainly a...
GLD: has the next big bull phase on gold begon? Notice the strong resistance area on GLD and the ema difference. What this indicates for me is cautioness and a reason to expect gold will range in a broad range the coming weeks/months before we can move higher. Gold advise based on GLD LT: Neutral