TRADE IDEAS

Recent Trade Ideas

Gold

Gold

Although the season for Gold is approaching, this weekly chart depicts support at 1100.  Possibly headed there over the next several...

read more
GLD (Weekly)

GLD (Weekly)

Each candle is a week.  Down 7 of the last 8.  GLD is due for a bounce.  Has Gold put in a bottom? Don't know. Could it go much lower?  Certainly.  Could next week be another down week?  Yes. What's the plan?  If playing a bounce, have an exit strategy  (mental or...

read more
Gold

Gold

Each candle represents a month.  Where is good support?  1,000. It could easily bounce to resistance (once support) at 1200.   Either way - whether playing a bounce or shorting - it may take a couple shots at it to get it right.  IOW - a case could be made for both...

read more
GLD

GLD

This is a Weekly (each candle is a week) of GLD (Gold ETF).  H & S (head and shoulders=bearish) pattern.  Neckline is support.  Should bounce here - how much would be a guess.  Trend remains...

read more

Email Signup