9.38 next hard resistance for this miner.
GO Kurodanado and Yellenado!
Sometimes we get caught up in the day to day and hour to hour bars, but if we truly set a bottom at beginning of 2016, then we have a long way to go on this move up.
AUY has, along with all other miners, performed spectacularly in 2016. Long term, this stock, along with others in its sector, are a HOLD. Short-term, expect some profit taking here at resistance ~4.76
Whose buying NUGT? I think that gold and miners are very over extended would you buy NUGT now? It could make you the guy holding the bag when it opens 20% down. Its just too late in the cycle to buy NUGT here. I'll wait for a pullback to get in. Buy DUST? Not sure I would do that any time soon. Too hard to tell. If you listen to others shorting a baby bull is a...
Looking for long term trade entry around here, between $46.50 - $48. Will it ever come back to this level, only the $GLD Gods know. Check out $PAAS, $AUY, and $ABX for the next BULL pullback!! Let's make some fiat $$$$!!
GLD looks like it has room to run so a breakout of this area is good odds and a potential long buy for PAAS, AUY, NUGT...
In " Gold Leaps Higher as Worries Mount ," I briefly pointed out how those very same institutions that championed quantitative easing policies implemented by the Federal Reserve are now coming out to proclaim quantitative easing added no substantial benefit to the real economy . Gold was pushed lower on the assumption that central banking policy would all pan...