ODFTrader

ODFTrader

Summary Report: Currently Silver is not attractive. In general all metals are correcting. A look at the Gold/Silver ratio gives a good indication regarding Silvers current performance. However, price action is nearing Fibonacci reversal levels going forward... Trade safe! Best regards Omar Djurhuus

ODFTrader

SUMMARY Technical Analysis: I am long the stock because I see price action has completed a corrective ABC pattern on the daily Chart. From here price action could develop a bullish counter trend. Fundamentals: The company has commenced drilling at their High-grade Willoughby property. The Company is cashed up and IF! they hit bigly then share price pushes...

ODFTrader

SUMMARY: IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects. SWING TRADE: Entry 'long' @ US$ 3.30 Price action has completed...

ODFTrader

SUMMARY Pure Gold is a growth company, located in the very heart of Red Lake. Pure Gold’s largest shareholders include three global gold leaders and visionaries. Eric Sprott, AngloGold Ashanti and Newmont, the largest gold producer in the world. Our leadership and management teams have deep roots and experience in the geology of the Red Lake gold district, and...

09:51

ODFTrader Updated 

Forecast: Addressing market sentiment regarding Gold backed ETF's, COMEX and BONDs etc. Daily chart analysis, looking at the Gold price from a broader perspective. Fib, 0.618 @ ~1848 is a potential target in May before a deeper correction. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with...

ODFTrader

SUMMARY K2 is a junior resource company focused on exploring for gold in California and the Yukon. The company plans to grow by acquiring further mineral properties in North America and by leveraging the Chairman’s past successes. K2’s Chairman, John Robins, was the founder of Kaminak Gold. Kaminak sold the Coffee deposit; a multi-million ounce gold resource to...

05:38

ODFTrader

Forecast: The bullish counter trend Zig Zag pattern might finalize the C-wave this week and reverse to the downside. If it is only a narrow correction or beginning of a new bearish down trend, I can't say, yet. The fib, extension levels 1,27, 141 have been taken out. If bulls have the upper hand they might push price action to 1,618 @ ~1805 before price action...

05:17

ODFTrader Updated 

Forecast: Price action is a bit stuck and out of favor. Downside target's @ ~1725, ~1716 or ~1707. Upside target's - retest of last weeks high @ ~1757. If bull's get the upper hand and momentum pick's up, look for target @ ~1785ish. As always, keep eye on Bond selling. Trade safe, be well... I'll keep you posted. About Gold Next Week # A weekly 3-10-minute...

06:37

ODFTrader Updated 

Forecast: If price action follows up on the Truncation/Double bottom pattern, then we can expect a countertrend ABC / Zigzag pattern. B-wave, pull back target's between ~1712 or ~1699. Final bullish C-wave, target's @ ~1776 or ~1787. If price action picks up bearish sentiment and breaks low of ~1678, then target's to look for @ ~1662 or ~1655. I'll keep you...

07:23

ODFTrader Updated 

Forecast: Price action is consolidating. Possible complex ABC pattern in the making. If volume is strong this week, UPSIDE target's @ ~1744,1745,1748. DOWNSIDE Target's @ ~1716, ~1714 or ~1710. I'll keep you posted. Trade safe, e well. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts...

03:32

ODFTrader Updated 

Forecast: If momentum is strong this week, target's ~1762 and ~1785 before correction, but if price action develops truncation @ ~1755 and reverses, target's @ ~1714 - 1709ish. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and...

06:13

ODFTrader Updated 

Forecast: See some upside for gold this week, but it all depends on how bond-market play's out. Targets @ ~1746 and ~1762. Also; I briefly address market sentimet - why gold is not favorable at the moment. Video time: 06:13 About Gold Next Week # A weekly 3-10-minute forecast video on Gold price for the coming week. I'll also follow up with charts throughout...

03:13

ODFTrader Updated 

Forecast: A possible Bullish Ending Diagonal completion this week. Which means price action can drop a bit lower before bulls take over and push price higher. But, if bond selling continues then gold will drop also. Have that in mind. I'll update throughout the week as always. Trade safe. About Gold Next Week # A weekly 3-10-minute forecast video on Gold price...

07:03

ODFTrader Updated 

Weekly Forecast Topics: 00:00-02:42: Market sentiment, bond selling, lack of confidence in U.S. Gov. starting to show. Brief Summary of week 08. 02:43-06:18: Price Action forecast = targets. Stock's looking favorable and which one's to chose? 06:19-07:25: I'll answer questions, Share some of my own stock pick's etc. About Gold Next Week # A weekly 3-10-minute...

03:29

ODFTrader Updated 

Forecast: Last week price action breached February low and is now climbing back up. First few days of week 08, could see upside momentum to Fibonacci levels mentioned in the video.. As always have a chart open with 10y Yield and $DXY. I'll keep you posted... Trade safe. About Gold Next Week # A weekly 3-10-minute forecast video on Gold price for the coming week....

05:57

ODFTrader Updated 

Forecast: Mon-Tuesday could see some bullish momentum and then perhaps some downside rest of the week. But price action is again in a consolidation on higher time frames and can therefore be volatile. Have that in mind. Video is around 5 min. and informative. Always keep eye on 10 Year Yield and $DXY for sentiment clues... About Gold Next Week # A weekly...

05:49

ODFTrader Updated 

Forecast: Gold broke out of the consolidation. I forecast some countertrend price action this week, mostly to the upside. BUT! have in mind that the gold price has potential to drop down to lower levels. Keep also eye on 10 Year Yield and $Dollar for sentiment clues... About Gold Next Week # A weekly 3-10-minute forecast video on Gold price for the coming week....

02:52

ODFTrader Updated 

Forecast: This week I'll keep you posted one day a the time. Price action might trade out of the consolidation we have been stuck in last few weeks? I expect upside Monday/Tuesday, but inside a range between last Fridays high and low... Keep also close eye on 10 Year Yield and $Dollar for sentiment clues... I'll keep you updated throughout the week. About Gold...