archiki

XAUUSD Simply Wonderful ^.^

FX:XAUUSD   Gold / U.S. Dollar
1052 7 20
Short then long
Astro target of 1300 i spelled out on APRIL             1 was missed by 6 dollars. AMAZING!!! silver             was off by a couple cents.. WOAH!
I am still amazed at how profound of an effect the latest retros this month has driven commodity prices higher. Not only has GDX             popped for over 4-5% on every retro but the inner momo being built inside the cause for all commodities is scary. (even bdi             has some movement finally .. this has not happened in the last 6-8 years.

As I expected Gold             . Silver             . Palladium             . Platinum             , Potash, Corn             etc are all outperforming the general market....
Of course if one understands the fundamentals for commodities it would be a lot easier but the basic case for the exponential rise of price is contributed to a weak dollar. As the dollar continues to weaken and even targets 92.5 a swing low, I can see why price will continue higher.
I still stand by my bullish stance but price needs to cool down for the next leg higher.. all my targets were met time for a slight break before another ripper. ( this is the last zone of defense for the bears.) I expect some kind of pressure.
Comment: 2 taps too short.
Comment: HIgh five nice slide! hehehe follow the rules and you win! best risk.reward trades
Comment: Wooottttt madd greeen!
Comment: WOooooot follow the rules and you win!!!!!!
Comment: Short the taps= you shorted from heavens door ^.^ high five!
Comment: Price pullback today was nice! Can price pull back more? (overall I am still very bullish for gold/silver) BULLISH!!! overall on the metals... (dollar can change the game very fast)
Comment: Look where price is and look what i wrote ^.^ enjoy friends
Comment: interesting dojis
Comment: interesting dojis= back into base ^.^
Comment: ^.^ hehehehheh
Comment: sold all dust.. bought some silver calls.
Comment: (do not get me wrong.. I am bullish you should buy gold! ) but for now caution! hehehhe later we may see spectacular spikes in gold price.
Comment: did a check support with low volume.. Dollar can be a creeper careful while trading...
( I am getting slightly bullish.)
Comment: mooooooooooooooooooooooooooo
Comment: Choppy waters ahead soon goldbugs
Comment: Look where the bears brought price! this was all on high volume up and low down. Is this a big shakeout?
Comment: new gold chart with channel s/r fib lines
I really like the charting and having been building interest in astro events and as noted the effect that appears in the markets. The references to Mercury in retrograde is an example that I have been following this year and have noted over the years in reading how certain planetary events effect certain stocks, commodities, etc. Your opinion and direction would be appreciated as it would benefit my learning process. I agree with the overall bullish sentiment in the PM and grain markets currently. The overall vertical rise should have some "cooling off" period however and only price in time will confirm the direction through the end of the year.
+1 Reply
archiki PP-Guy
Yeah I agree ^.^ Nice to meet a fellow astro nerd ! hehe
Reply
well done sir, im glad i got those calls on JDST
Reply
archiki MannyV
Hey manny letting you know i sold all my dust today and went long in certain silver stocks! hope you profited! heheheh ( short term trades)
Reply
MannyV PRO archiki
Im gonna hang onto jdst calls and accumulate miners when i can
Reply
what is momo !?
Reply
archiki robus
momentum and (i guess indicator confirmation) in a sense. fib too
Reply
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