Archive for the ‘Doug on Gold’ Category

SLV

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SLV

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GDX

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GLD

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GDX

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Gold

The trend for Gold last week was down.  We talked about support at 1200 – which held.  The metal is back above the 50 day and a close above 1249 would confirm a buy signal.   Want to see 1200 hold (mental stop).

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Gold

This is a Weekly Chart of Gold.  Each candle is therefore a week.  Support is at 1200.  A case can be made for the pattern being bearish.  Potentially a H & S (Head and Shoulders) pattern.

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SLV

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SLV

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SLV

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Welcome fellow traders and investors!

As Money Managers and Traders, the mission of our Blog and Radio Show is to go on record and further educate our readers and listeners in technical analysis and proper money management across all asset classes.

Our methods are not the traditional advice you hear repeated and repackaged over and over again, but that’s exactly the point and the reason why we know how to advance and prosper in every kind of market.

To Your Success,

Doug & Gary