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 Edges Lower While Silver Bonces Back
By: Chris Mullen, Gold Seeker Report

For Sterling (Silver) Results, Repetition of the Basics Is Worth Its Weight in Gold
By: David Smith

Why Gold Should Be Accumulated At These Levels
By: Hubert Moolman

Who Would Invest in a Gold Bond?
By: Keith Weiner

Gold to Soar Above $6,000
By: Przemyslaw Radomski, CFA

The Big Grab
By: Andy Sutton and Graham Mehl

Serendipity in Life and in Markets
By: Michael Ballanger

Gold And Silver Prices Fall Sharply To Near 2 Year Lows Despite Strong Demand In Turkey
By: GoldCore

Gold Seeker Closing Report: Gold and Silver Fall Roughly 2% and 4%
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 8 15 2018
By: Ira Epstein

 
Search

GoldSeek Web

 
Straight Talk, with Targets, for Gold Bulls

By: Rick Ackerman, Rick's Picks

 -- Published: Friday, 16 December 2016 | Print  | Disqus 

http://www.rickackerman.com/wp-content/uploads/2016/12/At-the-lower-target.jpg

An 1105.80 downside target has obtained since November 18, when Feb Gold tripped a menacing sell signal just above 1200.  On redrawing the chart, however, I find that the target should have been given as 1108.70, with 1086.60 as an alternative if Hidden Pivot support at the higher number fails.  Were that last number to be reached, gold will have given up 90% of the gains achieved since the rally commenced exactly a year ago. And if the 1055.20 low that marked the beginning of the six-month rally to 1387.10 is breached, it would return our focus to an 820 target first aired here in 2013 when the futures were trading around 1280. However, I wonít pull it out of mothballs until such time as 1055.20 gives way, since thereís always a possibility that Mr. Market will test bulls to their utmost before the long-term uptrend dating back nearly 15 years resumes. If you donít subscribe, you can access the chat room and all of Rick's trading 'touts' instantly by clicking here for a no-risk, two-week trial subscription.


| Digg This Article
 -- Published: Friday, 16 December 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 - 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.