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 Nugget: Bob Hoye and Chris Waltzek
By: radio.GoldSeek.com

There Is A Lot Of Financial Pain Coming For The United States Of America
By: Avi Gilburt

Ira Epstein's Metals Video 5 23 2018
By: Ira Epstein

Asian Metals Market Update: May-24-2018
By: Chintan Karnani, Insignia Consultants

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

 
Search

GoldSeek Web

 
Gold's Surge Has the Bad Guys on the Run

By: Rick Ackerman, Rick's Picks

 -- Published: Thursday, 28 July 2016 | Print  | Disqus 

http://www.rickackerman.com/wp-content/uploads/2016/07/Golds-rally-was-stronger-than-it-looks.jpg

Fueled by idle threats from the Fed, gold futures launched sharply higher from well above the 1306.00 pivot where we’d hoped to do some bottom-fishing. The rally exceeded no fewer than four peaks on the 120-minute chart, two of them ‘external’, so bulls will have the bad guys on the run as we head into week’s end. They could flatten bears with a further push above 1348.00 (see inset) on Thursday, but night owls needn’t wait to get long, since the shallow pullback from the intraday high is close to generating a tradable pattern that I’ve sketched hypothetically for your guidance.  I’ve also illustrated a larger, bullish pattern that show there’s potential over the near term to 1418.00.  Visit our 24/7 chat room and share timely ideas and real-time results with great traders from around the world. Click on the link for a free trial subscription.


| Digg This Article
 -- Published: Thursday, 28 July 2016 | 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.