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Full Version: Daily Digger - Wednesday April 6, '05
Stool Pigeons Wire Message Board > Stock Market Message Board > Stool's Gold- Gold and Precious Metals Forum
Charmin
Ike's Hui chart..... trendline support at 195 ... and possibly the lowest risk to enter between here and horizontal support at 190 and watching the reaction...

watching for buck to break with euro rally soon ....

http://www.financialsense.com/Market/daily/tuesday.htm


user posted image

and once again...
"Reasons to own Gold and Gold Stocks"
http://dvtechtalk.com/April/April5.htm
Moon Man
delete
traderfromhell
dharma I think I'm going to play the miners from the long side now. we had a two year anniversary date April 4th. Feeding in with a stop at 190 HUI. Lots of bearishness and concern over the low volume and no go nature of the miners on the metals rallies. This changes and we fly again. If not the stop is right below. So far long term trendlines have held. They don't ring a bell at the bottom. Low risk entry in this area I'm beginning to think.
Charmin
Dollar hits a reverse trend line... channel to go lower

http://www.commoditytradingresource.com/cg...rames/read/3057

watch that Euro
Charmin
Joe's thoughts on the market
http://www.commoditytradingresource.com/cg...rames/read/3047
Charmin
Buck is acting well this morning

watch for a 85.50 area retest

gold should be down for accumulation
Charmin
Dollar up and they can't keep silver down....
traderfromhell
QUOTE(Charmin @ Apr 6 2005, 06:36 AM)
Dollar hits a reverse trend line... channel to go lower

http://www.commoditytradingresource.com/cg...rames/read/3057

watch that Euro
*




Lot of guys are starting to watch the Swiss Franc Charmin.
Charmin
ok then the swissy..

silver resistance 7.25-7.27
Charmin
if silver makes it up to the 7.20 area trading range highs
I suspect WTZ should see 9.40
Charmin
gold up with dollar acting welll

goood
Charmin
both gold and silver near resistance near term
dharma
tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma
Charmin
notes from brighter minds..

what I have noticed today
metals stronger as euro weaker when euro breaks
metals stay postive - this is a bullish sign to em short term
Old Habits
QUOTE(dharma @ Apr 6 2005, 09:30 AM)
tfh, i agree w/you.  maybe  gold will get under 400, but i dont see it anymore.  on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns.  dharma
*




Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness.

Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established? sad.gif laugh.gif
Charmin
silver 7.05 to 7.15
traderfromhell
QUOTE(Old Habits @ Apr 6 2005, 09:51 AM)
QUOTE(dharma @ Apr 6 2005, 09:30 AM)
tfh, i agree w/you.  maybe  gold will get under 400, but i dont see it anymore.  on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns.  dharma
*




Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness.

Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established? sad.gif laugh.gif
*



Nope.
traderfromhell
QUOTE(traderfromhell @ Apr 6 2005, 10:14 AM)
QUOTE(Old Habits @ Apr 6 2005, 09:51 AM)
QUOTE(dharma @ Apr 6 2005, 09:30 AM)
tfh, i agree w/you.  maybe  gold will get under 400, but i dont see it anymore.  on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns.  dharma
*




Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness.

Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established? sad.gif laugh.gif
*



Nope.
*



He wasn't feeling well. Hope he's OK.
Charmin
copper new highs - supporting silver
Charmin
gold and silver near highs

silver within 8 cents'
gold within 2 bucks
dharma
is it very significant that bush asked/told the imf to forego gold sales. ?obviously it takes some supply off the market. i expect that at some point all the central bank sales of gold will be halted. why sell your most valuable asset. dharma
dharma
by the way, prechter is offering a free week, i think that it starts today. dharma
for gold bulls he is the perfect fade. in fact, he has been the perfect fade in the stock market too. since about 96 when he went short. its 9 years later and he is still in the hole.
Charmin
on daily charts the reactions in silver have been faster than the rallies, till this changes silver will remail in the TR
bearvest
XAU:

We should see a 5th wave and a completed pattern next week

The intra-day chart shows an abc 3-3-3. As none of the waves are impulses, the triangle should expand to look more like a wedge, before the descent in wave v.
yellowfish
QUOTE(Charmin @ Apr 6 2005, 02:27 PM)
on daily charts the reactions in silver have been faster than the rallies, till this changes silver will remail in the TR
*


LONG term silver chart. If we got some time I'm sure it will double top. laugh.gif
Charmin
Thursday thread started
NWD
QUOTE(dharma @ Apr 6 2005, 01:15 PM)
is it very significant that bush asked/told the imf to forego gold sales. ?obviously it takes some supply off the market.  i expect that at some point all the central bank sales of gold will be halted. why sell your most valuable asset.  dharma
*



Why would whoever gives Pres. Bush his marching orders want a higher POG?

Think of how since at least '96, they've apparently been suppressing POG in the interest of lower long term interest rates and the abolition of a benchmark against which to measure fiat currencies. Why change course now?
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