Risk to reward is not too great to long at these levels. but.... And it might be scary to long in the face of dollar strength but.. ^.^ Thinking and knowing were price is going is useless if your (time) is wrong. I currently got back in GDX at 24.. and entered into certain miners last week. I will be looking to buy on weak dips into the approaching possible bull cycle.
Possible shorts are at support break. Possible (smart buys) would be a sustainable dip approaching Bull time.!
Internal strength can not be questioned in gold. Shorting at these levels for longer swings can be dangerous atm. I will be watching closely to the PA. This coming week. In my past gold charts I have said long (1260-1271) price levels.
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Bull this is chop chop zone be careful! Bears same to you!
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decline sighted in the 45 can be minor
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lmfao the chop chop! hope you guys did not get chopped up like salad
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Lol too many haters good luck bears lmfao just because a top guy here charts 1200 gold does not mean it will come... I am still in awe how (.....) some traders are here ... .. ^,^ my shovel is mad sharp Watch Pa this week and laugh at me if i am wrong hehehhe... LULU ALWAYS feet claps.
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I took note of all the bears.. And my shovel is ready.. I also laugh at some kids... have no idea what they are doing with silly counts.
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It might be crazy to long here but i see these dips as opportunity.. I will be looking buy some gdx again for next week. if gold falls towards 1246 and holds i will be taking a larger position
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Bull time very very soon. I can not wait to see the dummy bears squirm