GOLD - SHORT; SELL it!

已更新
At first sight this may be is somewhat counter intuitive at first (amid the anticipated equities decline + the massive short on the Dow/Gold Ratio) but really it is not;

1) Charts (price action) don't lie;
2) The true (reliable) Safe Haven is still the Yen - JPY; (Likely more than before?)
3) Forced liquidation in the equities (and similar events) will put pressure on the PMs, even if it is only temporary;
4) The Gold/Silver Ratio;
5) Feel free to make up your own reasons.

The Gold / Silver Ratio
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註釋
Here is the old post;
GOLD - SHORT; The rise of the U$D will crush the Metals! ...

Have been short gold for the past $180. Worked out well!
註釋
Here is the Gold / Silver Ratio Weekly
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手動結束交易
FLAT - for now; $0.0 (Scratch)
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Going nowhere fast, here. We'll be back at it.
交易進行
SHORT
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Short for now. But...
交易結束:目標達成
FLAT; +$31.00
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註釋
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This is indicating indecision here! (The G.S. shows Up, everything else calls for a dump!)
We'll wait for the weekly open and at the first sign of weakness, will Short this something fierce!
Incidentally, The SMI sentiment in the PMIs indicates a top in the equities, E.g. a bottom in the UD. Which will make this a Short for quite some time to come!
交易進行
SHORT
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手動結束交易
FLAT; -$3.00
交易結束:目標達成
FLAT - for now; +$24
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註釋
The only reason we closed out the Gold Shorts, here, is because of a large Short position in silver, being the primary PM trade. See thi post;
Silver - SHORT; SELL it!


Otherwise, stay SHORT! - in no small part because of this;
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交易進行
SHORT
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手動結束交易
FLAT; -4.00
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交易進行
LONG
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註釋
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取消訂單
See Current Post;
GOLD's technical path for the next 24 months
Chart PatternsGoldgoldsellgoldsellsignalgoldsetupgoldshortgoldsignalgoldsilverratiogoldusdgoldusdshortHarmonic Patterns

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