Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

Friday, October 18, 2013

2013/10/18 GLD Gold ETF - facing strong upside resistance by Fibonacci Cluster


GLD Gold ETF - although GLD has broken out of a decending wedge yesterday, it is facing strong overhead resistance by a dense Fibonacci Cluster. If the 127.6 - 130.3 cluster zone can be cleared, there is plenty of room to the upside, with the extension targets:

Extension target 127.2%: 141.92
Extension target 161.8%: 147.41




Thursday, September 29, 2011

2011/09/26 decisionmoose.com signal: sell Gold GLD and switch to Cash (3moT)

On Monday September 26, a new signal was published at http://decisionmoose.com/Moosignal.html :

Sell:  Gold GLD
Buy: Cash (3moT)

More details about the portfolio and the transaction history at:  http://decisionmoose.com/Moosistory.html

An evaluation of decisionmoose's GDL investement during the period Monday, May 2 - Friday, September 23, 2011 will follow shortly here at InOutSignal. Also check the evaluation of decicionmoose's last investment in the Russel 2000 IWM here. 

Thursday, September 8, 2011

2011/09/07 kimblechartingsolutions.com: harvest "safe havens" Gold GLD, Swiss Franc FXF, and 20 Year Treasury Bonds TLT

Chris Kimble (blog.kimblechartingsolutions.com) uses a nice chart showing that GOLD GLD, the SWISS FRANC FXF and the 20 Year Treasury Bonds TLT and have found long-term key resistance, all at the same time. Check out Chris' blog here:


From Chris' analysis it is clear that owning these "safe havens" plays at the wrong time - NOW - bears as much risk as any other type of investment. Chris concludes: "I remain of the opinion that conservative investors should harvest up against resistance and aggressive investors should "attempt to score on defense" at resistance with an upside stop if resistance doesn't hold."

Friday, May 6, 2011

2011/05/05 kimblechartingsolutions.com: watch this important action in U.S. Dollar, Crude, Gold, Silver, Copper, Cotton, Sugar !

On May 4, Chris Kimble's long term chart strongly suggested a major trend change for the U.S. Dollar. In his blog he noticed yesterday's significant action in Crude Oil, Gold, Silver, Copper, Cotton, Sugar and other commodities, which should be watched carefully. This might be the beginning of a major market trend change, with some parallels to the situation in 2008, when the U.S. Dollar rallied sharply,