Technical analysis & update to the recently highlighted swing trade ideas on gold, silver, & various precious metals mining stocks & ETFs. Silver or Gold level access initially required.
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Silver, Gold, & Mining Stocks Trade Ideas 8-11-20
2020-08-11T14:22:31-04:00Aug 11, 2020 2:19pm|Categories: Forex (Currencies), Gold & Commodities, Short Setups, Subscriber-only Content, Unofficial Short Ideas|Tags: $EUR/USD, $EURO, $GOLD, $SILVER, $USD, /GC, /SI, AG, ASM, FSM, FXE, GLD, MAG, MBII, PAAS, SIL, SLV, SLVP, UUP, WPM|13 Comments
@rsotc Randy we are already at 25, should that be all we expect on SI futures?
It seems the SLV call has much more downside than you SI call, can you explain?
Sorry If I get annoying here but am anxious to see if we hit 11 on ZSL as that is my cost basis and today is only about 50% there for me
Also GBTC play may be coming back in? I see gap at 10.7 but 11 on the moving average may stop, just ideas for tonight’s charts/video or tomorrows videos
want to know ZSL too
15% drop to support. It over shot Randy’s targets. I wonder how that will play out in a bounce or is the correction over. Long term Randy is bullish so when to get back in??
Randy is bullish but also has targets another 12%+ from here, his likely target he said was 12% from the video release which is 22 on SI if I remember correctly however he expects a bounce from 24.8 area
If it drops another 12% I’m loading up
watch the bounce, 2641 level indicated by randy may now be support turned resistance. So far it has held, and back trading in the 25’s. IMHO no need to rush to trade it now, its between the levels so not objective to take a position…
riding zsl great day! thanks Randy. think 12.50 possible zsl. possible.
12.5? That’d be very nice, I am skeptical but I tend to get trigger shy as well
12.50 seems very possible. above this i don’t see much resistance either
Hi Randy, I was wondering, for futures, I noticed your GC was Dec 2020 and SI was Sep 2020… I am trying to line up my charts with yours and they don’t line up on TradingView for GC but for SI it does… is there any rationale into which futures timeframe you look at? Or does it ultimately not matter? Maybe I just need to read up more on futures and understand if there’s significance on certain dates
Randy you need to fill your office with stuff to take out the echo from your voice. I went long on QQQ today. set a stop loss under your trend line.