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- QuikFlipp replied May 9, 2013
Interesting, exerpt from kitco article: "Although gold prices could dip even further in the near-term, Widmer said they are expecting prices to recover in the second half of the year and could end 2013 at $1,70"
All Majors and Gold
- QuikFlipp replied May 9, 2013
Very interesting analysis. Many odd scenarios, but my view to keep it somewhat simple, we are still in the overall picture.....Ranging:/
All Majors and Gold
- QuikFlipp replied May 9, 2013
Daily candle bullish hammer, shorts be cautious, longs, breakout coming to test that 1480 near term ceiling after that its 1520
All Majors and Gold
- QuikFlipp replied May 9, 2013
The high and low are inplace for the day...we range within the high and low of the day (1459-1476)
All Majors and Gold
- QuikFlipp replied May 9, 2013
Thank you for the chart. Despite being so close to that top resistance line, This thing could still break out of this channel easily. Stochs have room to run.
All Majors and Gold
- QuikFlipp replied May 9, 2013
First downward target is 1460, then 1458. If she breaks 1458, she will test 1440. Break 1440, and its a free fall. Im not seeing enough selling pressure to break 1458, but we will see.
All Majors and Gold
- QuikFlipp replied May 9, 2013
YEa this US data will most likely show continued improvement in US economy.
All Majors and Gold
- QuikFlipp replied May 8, 2013
Well, good luck with that, my tip have your Sl tight.
All Majors and Gold
- QuikFlipp replied May 8, 2013
I agree my friend...very healthy consolidation building a solid launching pad before running up to 1550 arena.
All Majors and Gold
- QuikFlipp replied May 8, 2013
It very well may. Last report it was noted that gold was in short supply, if this is still the case, we may see her run up like a mf'er. GL and GREEN PIPs to ALL!
All Majors and Gold