At first sight this may be is somewhat counter intuitive at first (amid the anticipated equities decline + the massive short on the Dow/Gold Ratio) but really it is not;
1) Charts (price action) don't lie;
2) The true (reliable) Safe Haven is still the Yen - JPY; (Likely more than before?)
3) Forced liquidation in the equities (and similar events) will put pressure on the PMs, even if it is only temporary;
4) The Gold/Silver Ratio;
5) Feel free to make up your own reasons.
The Gold / Silver Ratio
1) Charts (price action) don't lie;
2) The true (reliable) Safe Haven is still the Yen - JPY; (Likely more than before?)
3) Forced liquidation in the equities (and similar events) will put pressure on the PMs, even if it is only temporary;
4) The Gold/Silver Ratio;
5) Feel free to make up your own reasons.
The Gold / Silver Ratio
Komen:
Here is the Gold / Silver Ratio Weekly
Dagangan ditutup secara manual:
FLAT - for now; $0.0 (Scratch)
Going nowhere fast, here. We'll be back at it.
Going nowhere fast, here. We'll be back at it.
Dagangan aktif:
SHORT
Short for now. But...
Short for now. But...
Dagangan ditutup: sasaran tercapai:
FLAT; +$31.00
Komen:
We'll wait for the weekly open and at the first sign of weakness, will Short this something fierce!
Incidentally, The SMI sentiment in the PMIs indicates a top in the equities, E.g. a bottom in the U$D. Which will make this a Short for quite some time to come!
This is indicating indecision here! (The G.S. shows Up, everything else calls for a dump!)
We'll wait for the weekly open and at the first sign of weakness, will Short this something fierce!
Incidentally, The SMI sentiment in the PMIs indicates a top in the equities, E.g. a bottom in the U$D. Which will make this a Short for quite some time to come!
Dagangan aktif:
SHORT
Dagangan ditutup secara manual:
FLAT; -$3.00
Dagangan ditutup: sasaran tercapai:
FLAT - for now; +$24
Komen:
The only reason we closed out the Gold Shorts, here, is because of a large Short position in silver, being the primary PM trade. See thi post;
www.tradingview.com/...ilver-SHORT-SELL-it/
Otherwise, stay SHORT! - in no small part because of this;
www.tradingview.com/...ilver-SHORT-SELL-it/
Otherwise, stay SHORT! - in no small part because of this;
Dagangan aktif:
SHORT
Dagangan ditutup secara manual:
FLAT; -4.00
Dagangan aktif:
LONG
Komen:
Pesanan dibatalkan:
See Current Post;
www.tradingview.com/...-the-next-24-months/
www.tradingview.com/...-the-next-24-months/
www.tradingview.com/...ll-crush-the-Metals/
Have been short gold for the past $180. Worked out well!