Posts Tagged ‘ GDXJ ’

1. Gold blasted out of the ascending triangle I highlighted this morning right before the breakout. 2. GOLD ASCENDING TRIANGLE 3. Gold blasted off leaving a crowd of top callers and gold worriers behind.  The target of the triangle is 1320. The worst traders I know are pretty much out...
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Was looking for smaller producers to replace the departed JAG, and once again went to review the GDXJ junior gold miner eft’s holdings and I realized that I will be best to pick my own explorers and juniors. I then went and reviewed the GDX gold miner etf’s holdings. ...
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Let’s get right to business. Here’s the gold juniors chart, via the GDXJ.  I’ve highlighted the key HSR levels in blue.  After hitting my “enhanced selling” HSR $29 area, most of you are back in refill mode now. Click here now to view the enhanced buy zones, current and prospective: GDXJ...
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1.   Nouriel Roubini is back!  So are a boatload of other top economists, all horrified as they watch what they term “the tip of the iceberg”. The Euro crisis has deepened into a catastrophic mess, one that has just started.  While it all looks hopeless, I want to remind you that the “banksters”...
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// // ]]> As someone still learning how to trade better (I hope I never stop learning), I wanted to lay out my thought process for re-entering the GDXJ ETF from the long side over the next week. The following is what I expect to happen, and I will re-adjust if...
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Kitco.com’s own new Gold price measure demonstrates that Gold has reached significant new all-time nominal highs. To quote from their website: “The Kitco Gold Index is the price of old measured not in terms of US Dollars, but rather in terms of the same weighted basket of currencies that determine...
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Was looking at the Gold forward lease rates from the London Bullion Market Association (LBMA) website (you can look yourself here if interested). It looks like the 1 and 2 month lease rates have inverted for the past three trading days in a row. When you start getting into lease...
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As of Friday February 19th, gold is positioned in a rare setup that normally only comes along once or twice every 15-20 months......
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Still all in on Gold and the Gold sector. My Gold is not for sale or trading, it is my cash and cash is king in a secular bear market. My Gold stocks are speculative vehicles with significant inherent risk that I largely trade in and out of, for better or for worse. I...
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Introductory Summary: When gold reached our short-term target of about $1200, we closed our gold and silver futures trading positions.  We have since been looking to reenter our long gold and GDXJ junior gold miner trading positions whenever gold traded close to its 10 week (50 day) moving average (currently around...
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