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

GoldSeek Radio: Bill Murphy and Rob Kirby, and Chris Waltzek
By: radio.GoldSeek.com

Volcker's updated autobiography urges gold price suppression
By: Chris Powell

Seventh-Inning Debt Stretch
By: John Mauldin

Will We See A 30% Correction Due To A Trump Impeachment?
By: Avi Gilburt

Asian Metals Market Update: Nov 19 2018
By: Chintan Karnani, Insignia Consultants

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Nearly 1% and 2% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 16 2018
By: Ira Epstein

Silver Slumps, US Military Weak, and PTJ Says We Are headed For Scary Moments
By: David Morgan

Slowly We Turn... Gold vs.
By: Gary Tanashian

COT Gold, Silver and US Dollar Index Report - November 16, 2018
By: GoldSeek.com

 
Search

GoldSeek Web

 
Trading Tout: Gold's Rally Barely Encourages

By: Rick Ackerman, Rick's Picks

 -- Published: Friday, 14 November 2014 | Print  | Disqus 

Iím struggling to give the benefit of the doubt to the bulls, but I canít ignore the fact that every minor abc rally since last Fridayís explosive one has failed at its midpoint pivot. This is typically a sign that the dominant trend ó in this case, the explosive rally ó isnít destined to get very far. A particularly telling aspect of yesterdayís constipated price action is that the second attempted rally failed to get past the very modest peak of the first.  Clearly, there is no real buying interest here, even if the right headline could change that for a while. For now, and still giving bulls the benefit of the doubt, weíll look for a finishing stroke to the 1179.10 target shown. A quick and easy move past it would of course put the 1194.10 target flagged here earlier in play. Take a free trial subscription that will allow you to access not only the touts, bulletins, updates and impromptu trading webinars during market hours, but a 24/7 chat room that draws veteran traders from around the world.


| Digg This Article
 -- Published: Friday, 14 November 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 - 2018



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.