gld/uup

jmp470 jmp470 XAUUSD, W,
XAUUSD: No more trading miners for me
93 0 4
XAUUSD, W
No more trading miners for me

The weekly Chart looks horrific

DXY: #Dollar Showing Weakness, Intermediately Overbought
327 1 3
DXY, D
#Dollar Showing Weakness, Intermediately Overbought

The U.S. dollar went bid following rhetoric from Federal Reserve officials that a potential rate hike could occur in June, following hotter than expected inflation data. However, after posting on pending technical weakness here, the dollar has retreated slightly over the last few days. Price action as traded neatly within a descending channel on the daily chart, ...

jeannek jeannek XAUUSD, W, Short ,
XAUUSD: Nov 11 - GOLD - Heading Lower to $970-$1,000 Region in 4-6months
539 3 10
XAUUSD, W Short
Nov 11 - GOLD - Heading Lower to $970-$1,000 Region in 4-6months

Gold (Weekly) @11 Nov 2015 On the mid-term outlook, Gold is at the final phase of its major downturn from all time high of 1,900 (year2011). Price is forming an Ending Diagonal - typical wave5 pattern following significant downmove or extended wave3. A closer examine of the ending diagonal structure shows that a potential Final Down-Leg (lower degree wave_v) is ...

CosmicDust CosmicDust GLD/UUP, M, Long ,
GLD/UUP: Given taper to continue, you want to bet gold or dollar?
66 0 2
GLD/UUP, M Long
Given taper to continue, you want to bet gold or dollar?

If you trust the chart (chart does not lie), GLD is the way to go! I know this defies common sense and logic.

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