alvian33 wrote:Cobra, what's your view on gold? thanks
I'd like your view on gold also.
I second that.
here here
I'm neutral on gold now. The chart is ambiguous, so need wait for a few weekly bars. the chart below gave bearish explanation but technically until it breaks the green line below, it's still a neutral chart.
on the other hand, if you think gold and silver are related, silver chart is more bullish than gold. so I'll say I'm neutral to a little little bullish biased on gold.
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dr659 wrote:Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?
isn't an all green day? hourly bars..bearish for next day?
not all up day. dollar, gold and bond are all down.
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dr659 wrote:Cobra, Sentiment Trader Intraday charts, lots of overbought readings, mean anything to you?
forget about the overbought, they mostly don't work.
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sachsun wrote:Cobra. is pull back imminent in AAPL? It is reaching 50% Fib level
no, I don't see.
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Thinking of getting more bullish on gold here after this morning's selloff and recovery, not sure. Sticking so hard against that upper trendline for a while week now, seems like it wants to break out. Thoughts?
OverUnder wrote:Thinking of getting more bullish on gold here after this morning's selloff and recovery, not sure. Sticking so hard against that upper trendline for a while week now, seems like it wants to break out. Thoughts?
I hope so! I would have thought it would run more up after a consolidation, but it never did
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