The following video covers spot gold prices as well as the gold mining sector including some of my top picks as potential long-term trade/investment ideas. As this video is quite lengthy, a brief summary of the items covered can be found in this order: About the first 6 minutes discusses the big picture on spot [...]
SSRI SIlver Standard Resources) has hit the final target, T3 at 9.18 (recently trading as high as 9.19 so far today) giving this trade a 42.3% gain since entry just over one month ago. Typical swing traders should consider booking full profits while longer-term traders or investors should at least raise stops if planing to [...]
SSRI Second Target Hit SSRI (Silver Standard Resources) has hit the second price target, T2 at 8.22, for a 27% gain since the entry just 12 trading sessions ago. SSRI is now very overbought in the near-term while at a significant resistance level which is defined by the bottom of a thin zone [...]
For those wishing to skip ahead, the following securities are covered in this order: $GOLD/GLD, $SILVER/SLV, SIL, GDX, AUY, GPL, HMY, SSRI, ALIAF, EGO, HL, & KGC.
SSRI (Silver Standard Resources) hit a high of 7.22 (T1) so far today, for a gain of 11.8% from entry. Consider booking partial or full profits and/or raising stops, depending on your trading plan. T2 remains the final target for now although that is likely to be extended to T3 if SIL breaks out as [...]
With both GDX (Gold Miners ETF) & SIL (Silver Miners ETF) now solidly inside the thin zones, the chances for a continued move higher towards their respective targets is good. SIL gapped just above the top of the R1 [...]