Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold Gains While Silver Slips
By: Chris Mullen, Gold Seeker Report

Yields Look Overextended and Ready for Mean Reversion
By: Frank Holmes

Inflation: The People's Enemy. The Government's Friend.
By: David Smith

The Modern Day Nincompoop—Money Magazine’s Advice on How to Survive a Stock Market Crash
By: Jeff Clark

The 5 Pieces Of Evidence That Signal A Vicious Recession
By: Mike Maloney

Merk Research: Inflation
By: Axel Merk

Speculation on Hyperinflation
By: Gary Christenson

Is It Time To Just Sell All Your Gold?
By: Avi Gilburt

The Number That Ends This Cycle…Part 2: Goldman Sachs Makes Its Choice
By: John Rubino

What if This Week’s Rally in Gold is Already Over?
By: Przemyslaw Radomski, CFA

 
Search

GoldSeek Web

 
Gold Rally Was Profitable If Not Enduring

By: Rick Ackerman, Rick's Picks

 -- Published: Thursday, 11 September 2014 | Print  | Disqus 

We made a game effort to bottom-fish on Tuesday, and although the trade wasn’t a home run, it produced a profit of as much a $1000 per contract for subscribers who’d used my 1249.20 target to get long. The position was stopped out Wednesday morning when the futures relapsed to new lows, and it would now appear that a further fall to 1234.20 (see inset) is in the cards. This Hidden Pivot can be bottom-fished with a stop-loss as tight as three ticks (!), but I’d recommend this trade only to those who have gotten short from current levels and who are reversing the position. Alternatively, the December contract would become an enticing bull trade on a bc-type pullback from just above the 1253.80 ‘external’ peak shown. With a free trial subscription, you can join us at ringside in the Rick’s Picks chat room if you think you might enjoy the thrill of stalking The Top.


| Digg This Article
 -- Published: Thursday, 11 September 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.