Gold: Past, Present, and Future

quiettrucker12 said:I don't think we're in a bear market. I'm just saying—bear market rallies are killer opportunities for longs, and those massive bounces always look incredibly convincing. Honestly, even those rallies are easier money than trying to short. Real money is made on the long side.

For the most part, I agree, especially regarding the intensity, but not entirely. If we were actually in a bear market, it would be perfectly logical to go short after those types of rallies. But Charles rarely, if ever, shorts—and that says a lot. To me, it suggests that Charles either consciously or subconsciously doesn't believe we're in a bear market.

Correction's over. Bottom hit at $1685.

quiettrucker12 said:Correction's over. Bottom hit at $1685.

Can I get a little more context here?
Just wondering what you're basing that on. Is it a massive rejection that would signal a double bottom (or whatever you want to call it)? Or something else?..

vividgull10 said:Can I get a little more context here?
Just wondering what you're basing that on. Is it a massive rejection that would signal a double bottom (or whatever you want to call it)? Or something else?..

Take a look at my previous posts. I've mentioned the minimum target (100 dma) several times, along with this backup 75 wma (which only came within about $2 of the goal). Obviously, nothing's been confirmed yet.

quiettrucker12 said:Take a look at my previous posts. I've mentioned the minimum target (100 dma) several times, along with this backup 75 wma (which only came within about $2 of the goal). Obviously, nothing's been confirmed yet.

My bad, you're right.
I definitely noticed you constantly bringing up those 100/75 MAs, but I was just staring at my own chart—clean, no indicators—and the question popped into my head while I was processing it.

Hey everyone! Just checking in to say hi! Hope you're all having an awesome day! kaže:
That guy's a total clown. I'm just gonna ignore him and let him crunch those numbers until he's blue in the face! 😁

Look, the guy isn't an idiot. What kind of insult is that even supposed to be??? I definitely don't want to be lumped in with you. He isn't just throwing out random numbers; he's posting his actual trades. I was honestly just curious about his reasoning! That's all.

nimblepanther18 said:I find his entries quite interesting. He is transparent about his trades and his level of success. Perhaps you could share some of your own expertise with us as well?

I don't trade. And even if I did, I'm not sure I'd be posting my entries here. There are way too many people on this forum arguing over who's the better investor. Honestly, it's hilarious! If I remember right, @quiettrucker12 is a trader and doesn't post his entry and exit points either, right?

vividgull10 said:Not sure why it's getting under your skin so much.
The guy's an emotional trader... and there's nothing wrong with sharing a little feeling when the life of a trader or investor is already lonely enough. 😍

Don't be such a robot. 😉

It doesn't bother me, I was just wondering why he wrote that. That's all. End of discussion on this topic.

analogharbor44 said:

Hey everyone! Just checking in to say hi! Hope you're all having an awesome day! kaže:
That guy's a total clown. I'm just gonna ignore him and let him crunch those numbers until he's blue in the face! 😁

Look, the guy isn't an idiot. What kind of insult is that even supposed to be??? I definitely don't want to be lumped in with you. He isn't just throwing out random numbers; he's posting his actual trades. I was honestly just curious about his reasoning! That's all.

👍
Agreed.
I also have no desire to be associated with anyone calling their peers idiots.

What was that being said about Zillow? Conspiracy theories?
http://www.zerohedge.com/news/2012-1...gold-smackdown

Still no confirmation of a bottom. We’ll see tomorrow, but breaking above 1703 USA would be a massive win. If we can't clear 1703 USA tomorrow, we're looking at either a consolidation phase or a straight-up dip (happening sooner for silver than gold) leading up to that FOMC meeting on Wednesday the 12th.

lonehawk5 said:Adding more to my position... long

Gold is sitting at $696.12
Silver is at $32.82

Sold out.. gold $703
silver $33.10

The 9/11 attacks...

The USD might just keep sliding from 80.70 straight down into the abyss ☕

Just grabbed some more silver at $32.80. A bit risky, I know, but...
Still waiting on gold to move...

lonehawk5 said:Just grabbed some more silver at $32.80. A bit risky, I know, but...
Still waiting on gold to move...

Dumped my silver at $32.88... just waiting to see what the news drops next.

lonehawk5 said:Just grabbed some more silver at $32.80. A bit risky, I know, but...
Still waiting on gold to move...

What timeframe are you playing?
(Specifically, what’s your actual execution window?)

15 min

lonehawk5 said:Dumped my silver at $32.88... just waiting to see what the news drops next.

Is it the Non-Farm Payroll report or Japan? Or maybe something else entirely?

The Democratic Party is leading the way