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 and Silver Gain With Oil
By: Chris Mullen, Gold Seeker Report

Gold Resource Corporation Significantly Expands Arista Mine With Additional Switchback Step-Out Drill Intercepts Including 11 Meters of 4.19 G/t Gold and 114 G/t Silver
By: Gold Resource Corporation

Gold: A Good News Gravy Train
By: Stewart Thomson

Distractions and Blame
By: Gary Christenson

This Amazing Chart Shows Bitcoin Investors Diversifying Into Gold And Silver
By: Mike Maloney

3 Trends That Could Push Gold Higher in 2018
By: Jeff Clark

You'll Want to Read This Living Legend's Thoughts On Copper
By: Frank Holmes

Government Shutdown Ends – Markets Ignore Looming Debt and Bond Market Threat For Now
By: GoldCore

Asian Metals Market Update: January-23-2018
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold Ends Slightly Higher
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
Gold Tiptoes Toward the Ledge

By: Rick Ackerman, Rick's Picks

 -- Published: Wednesday, 31 August 2016 | Print  | Disqus 

http://www.rickackerman.com/wp-content/uploads/2016/08/We-can-worry-about-the-selling.jpg

The pattern shown, with a minor downside target at 1302.70, looks like it will provide the most useful perspective for the very near term.  Neither the midpoint pivot nor the secondary (respectively, the red and green line) showed any discernible support, and that’s why I expect the selling to continue down to at least 1302.70. Also, the midpoint pivot produced a would-be profitable ‘mechanical’ short, as I expect the secondary pivot at 1313.20 to do now. We can worry about the demeanor of this presumptive correction if and when 1302.70 is easily or decisively exceeded. Were that to occur, the futures would be likely to grope their way down to 1259.10, the June 24 Brexit launching pad, in search of traction. 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: Wednesday, 31 August 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.