Comments on: Gold, Silver, Precious Metals, Euro & US Dollar Analysis

By: Large Coffee

Large Coffee — Fri, 25 Oct 2019 16:18:35 +0000

looks like that backtest on GLD and SLV is going to happen.

By: hotrodricky

hotrodricky — Fri, 25 Oct 2019 16:09:12 +0000

CBOE Put/Call ratio (CPC) closed at 0.78 yesterday

By: Raul

Raul — Fri, 25 Oct 2019 15:53:20 +0000

In reply to Large Coffee. Put/Call low... Let's see

By: Large Coffee

Large Coffee — Fri, 25 Oct 2019 15:30:09 +0000

In reply to Dean Drummond. actually.. there is more trade news optimism that is just out. They just re-print the same headlines over and over again.

By: Raul

Raul — Fri, 25 Oct 2019 14:57:26 +0000

In reply to Dean Drummond.

Are you surprised by that? 80/20 rule… Bulls do not need any volume nor good news. It is unfair, I know…

By: Dean Drummond

Dean Drummond — Fri, 25 Oct 2019 14:42:47 +0000

Please correct me if I’m wrong but the broad markets seem to be buying into no news and bad news.

By: Large Coffee

Large Coffee — Fri, 25 Oct 2019 13:25:35 +0000

@rsotc thanks for the analysis!! Btw.. any thoughts on the hourly RSI being quite high on Silver and Gold and their ability to run higher quickly in the short term? I know you mentioned you were leaning on no backtest but with RSI so high, does that increase those odds a little?

By: Dean Drummond

Dean Drummond — Fri, 25 Oct 2019 12:59:58 +0000

142 target on GLD already hit…
next target ?