Charmin Posted June 27, 2005 Report Share Posted June 27, 2005 RGLD at resistance of 20.... GG at resistance of 16... NEM at resistance of 40... actually the weekly supply was absorbed but looks like a hanging man on the chart. Come on demand... It's a supply area.... we either take it out...pullback for the jump or else... retest a lower area.. Link to comment Share on other sites More sharing options...
Charmin Posted June 27, 2005 Author Report Share Posted June 27, 2005 2nd week in the retrace that absorbed the supply into a hanging man... but now can we see some demand this week? hmmm Link to comment Share on other sites More sharing options...
Charmin Posted June 27, 2005 Author Report Share Posted June 27, 2005 so far we have no confirmation of a reversal...! Link to comment Share on other sites More sharing options...
Charmin Posted June 27, 2005 Author Report Share Posted June 27, 2005 GG had a standoff for the week at the supply area... Link to comment Share on other sites More sharing options...
Ageka Posted June 27, 2005 Report Share Posted June 27, 2005 At 10 am gold in euro down 1% Link to comment Share on other sites More sharing options...
AgentSmith Posted June 27, 2005 Report Share Posted June 27, 2005 bought some cbj at 1.97, first time owning this one. Link to comment Share on other sites More sharing options...
ThorAss Posted June 27, 2005 Report Share Posted June 27, 2005 Sssssh A.S. you'll wake everyone. zzzzzzzz Link to comment Share on other sites More sharing options...
Guest Posted June 27, 2005 Report Share Posted June 27, 2005 xau still in the pennant on the hourly. am viewing the gap @ 90 as sign of strength which will lead to higher prices eventually. dharma Link to comment Share on other sites More sharing options...
Guest Posted June 27, 2005 Report Share Posted June 27, 2005 Thor.. these guys need to follow the "rules" too... http://www.purchasing.com/article/CA621537.html Spot gold predicted to double in coming months Purchasing June 27, 2005 Link to comment Share on other sites More sharing options...
traderfromhell Posted June 27, 2005 Report Share Posted June 27, 2005 Don't expect too much with Mr Magoo up this week fellers. Link to comment Share on other sites More sharing options...
Slothrop Posted June 27, 2005 Report Share Posted June 27, 2005 Thor, Charmin, Dharma: Shall I sell my CGHI or hold on for a better price? All my best, Slothrop Link to comment Share on other sites More sharing options...
Guest Posted June 27, 2005 Report Share Posted June 27, 2005 slothrop, its not one that i normally follow, but on the hourly, if it can hold up here, it looks like a breakout. xau on the hourly looks like its breaking down from the pennant formation. personally, i am stepping back and looking @the bigger picture and xau/hui look strong. @this point any weakness is a buying op. dharma Link to comment Share on other sites More sharing options...
ThorAss Posted June 27, 2005 Report Share Posted June 27, 2005 Thor, Charmin, Dharma: Shall I sell my CGHI or hold on for a better price? All my best, Slothrop <{POST_SNAPBACK}> Nice loaded question. Where did you find that one? I've never even heard of it. Judging by the pattern it will sell down from here but another spike up is also likely. I guess it comes down to "Do you feel lucky? Well you will buy lottery tickets .... punk!!" Link to comment Share on other sites More sharing options...
Slothrop Posted June 27, 2005 Report Share Posted June 27, 2005 You guys are great. Yeah, I don't know what to do either. I picked it up last week to fill out the speculative part of a portfolio. Can't believe my luck. I think I'll sell half the damn position and let the rest ride like the wind. Of course, the thing is almost illiquid -- probably it'll take 3 days to sell half of it. Link to comment Share on other sites More sharing options...
Old Habits Posted June 27, 2005 Report Share Posted June 27, 2005 I'm going to watch in awe as the whole market is goosed higher in the last hour. Far too much at stake for the reality of selling to kick in. Oh well maybe they'll take some of the miners with them. Link to comment Share on other sites More sharing options...
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