merochero

GULD free monies... inverse head and shoulders on 4hr

Long
merochero Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
(note: if the trade analysis brings you some jingle, consider tossing a Hamilton or Andrew Jackson in the collection pail . i'll take it as an offering: im looking to crankup a DOOMSDAY PARTY i got planned down in Texas, and your offering will not go unnoticed spiritually)

Greetings investors, traders, speculators, technicians.

im looking to throw out another bone with MASSIVE MEAT on it like previous trades: GULD, SILVER , OIL , etc. (that OIL trade what a SPECTACULAR TRADE...)

NOTE:
yes, we know there is no 100% guarantees, BUTTA when the price action on the chart just comes out and speaks to you, and tells you to tek da monies, TEK DA MONIES...

as we wait on DOW DJI to close CME GAP at ~ 27000 and potentially dump there after, GULD is looking to bump up to recent HIGHS... a decently strong inverse head and shoulders is being printed on 4hr... get on some leveraged GULD and SILVA , since we know SILVA will also run with its brudder... NUGT/ JNUG AND USLV to boot. of course we are looking at technicals, but this price action is founded HEAVY in macro economics, so we may just decide to punch through recent highs and go into next resistance areas higher up on chart... will add resistance points later, but we were just looking at getting this out in a timely fashion, even though the paint was sufficiently dry in yesterdays session.

GET READY, GET SET, gOOOOOOOO

Trade active:
it looks like 10 more smacks and 4hr inverse head and shoulders hits target, perhaps even tonight... if you are in a trade on GOLD , even Silver, NUGT/JNUG, USLV, put in your stoploss as morning breaks or just cut your profits, because 4hr and Daily chart on GOLD showing overbought conditions. a good reason to try a stoploss besides the obvious, is IF GOLD punches through recent highs at 1764/5 , there may be a jolt up to the next resistance level at 1774-1800... beyond 1820 is 2011's PROMISE LAND at 1915, that we will hit after an Elliot leg drop, regardless of what any overpaid schmuck has to say about it. with current macro conditions, 2000$oz GOLD is a given, and now we are setting our eyes on atleast double that, EVEN if the dollar stays intact.
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