GOLD 0.51% $1,391.7 gold futures

gold, page-102284

  1. 1,650 Posts.
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    Those macros have been around for a while. I already know the major trends and direction. The mention of real interest rates.
    I mention the end of the year exactly for the reason you outline (BASEL III) and have posted on it several times.
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    I am more interested in timing for stock trading entry and exit.
    No tea leaf reading and I am not offended.
    Have a look at the last post that included the indicator where I suggested taking some profits. Since been considerable pull-backs on multiple stocks.
    Some decent explorers currently sitting on trend. Others about to break out.
    Still need to see the producers break out. The gold price should follow.
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    One easy way to identify how the market is travelling - a good report and the price does not budge or possibly falls. Usually aligns with the direction sentiment is going.
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    I have a great deal of faith in the charting methodology and many fortunes have been made from it - pre-computer.
    Simple and easy to read at a glance.
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    If you trade on fundamentals or macros only without timing you will do your dough.
    Cryptos are trading the same way but on steroids and far more speculative (fundamentals matter little).
 
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