forever20

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Silver is Money
Markets Allocation
33 % stocks 17 % forex 50 % other
Top Mentioned Symbols
XAUUSD 50% | 3 TLT 16% | 1 USDJPY 16% | 1 NGAS 16% | 1
forever20 forever20 USDJPY, D, Short ,
USDJPY: USDJPY - Yen carry trade unwinding?
64 0 6
USDJPY, D Short
USDJPY - Yen carry trade unwinding?

Stocks down / Gold up ?? that's what I'm expecting - insiders distributing? (Pump & Dump)

forever20 forever20 NGAS, D, Long ,
NGAS: LSE:NGAS back in Long after awaiting reversal
12 0 4
NGAS, D Long
LSE:NGAS back in Long after awaiting reversal

got out somewhere around swing high , patiently awaited leg down and re-entered for swing up again and it looks like its on.

forever20 forever20 TLT, D, Long ,
TLT: TLT fill the gap?
19 0 1
TLT, D Long
TLT fill the gap?

..in the 128 area? Against the generally accepted narrative of the Bond Bubble has Burst. What if a last hurrah as the optimism subsides and shelter is sought? Price action suggesting Yield down/Price up.

forever20 forever20 XAUUSD, 240, Long ,
XAUUSD: Hammer 4H candlestick on Gold XAUUSD just formed..
50 0 0
XAUUSD, 240 Long
Hammer 4H candlestick on Gold XAUUSD just formed..

Just added Cash Long position to my Option Buy Call 1305 Oct mentioned yesterday. Mom Div showing too.

forever20 forever20 XAUUSD, 240, Long ,
XAUUSD: ABC retrace on XAUUSD completed after a 5 up?
63 0 2
XAUUSD, 240 Long
ABC retrace on XAUUSD completed after a 5 up?

I know lots are bearish on Gold BUT I see maybe this as a pivot point for a new impulsive 1-5 resumption of uptrend immminent. I'm not certain but added Buy Oct 1305 Call Option rather than trading cash market. Lets see price action develop. With Brexit anything could happen so rather than get whipsawed out of a position the option allows backing my view ...

forever20 forever20 XAUUSD, 240, Long ,
XAUUSD: Possible bounce out of my demand zone for Gold
36 0 0
XAUUSD, 240 Long
Possible bounce out of my demand zone for Gold

any shock / unexpected event could get Gold going (of course that can happen anytime). However price is now in my demand zone I'd marked out weeks ago as a support level after an ABC retrace from an impulsive 5 up.

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