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Trying some CEMI @5.20, stop

Posted by racerick on 13th of Aug 2020 at 10:10 am

Trying some CEMI @5.20, stop below 5

Hope you're still in, indicated up another $70 this am

Which coincides with 9ema on

Gold Futures

Posted by racerick on 12th of Aug 2020 at 09:05 am

Which coincides with 9ema on weekly pretty closely

Why were interest rates up

Posted by racerick on 11th of Aug 2020 at 06:04 pm

Why were interest rates up so much today?

They're killing it. Wow, down 71 pts now. Good luck today

Moved my stop to 73.90 just in time. It's trying to bounce off 1974.4 Have to leave for awhile so we'll see. Well I'm out. Sure it'll bounce now, lol.

Just bot another futures contract at 79.50 with hard stop on both at 74.50 now. It breaks below that and next support down around 1950. $ getting hit this am pretty good. Not helping gold at the moment though, GC in swan dive.

Steve, Nice call on GC

Posted by racerick on 11th of Aug 2020 at 08:14 am

Steve, Nice call on GC target the other day. Covered my short and trying long here at 1987.  Pretty good line here on hourly. Going to give it about a 7 pt stop. Still have gdx puts for now.

Nice BO on bank stocks

Posted by racerick on 8th of Aug 2020 at 07:03 am

Nice BO on bank stocks yesterday. Feel like for market to keep going needs to have them participate.

http://schrts.co/DfujEfaP

http://schrts.co/AaZwjNgv

Some R here, but clear sailing after that for awhile

TSLA looks to be trying

Posted by racerick on 7th of Aug 2020 at 11:41 am

TSLA looks to be trying to the downside

Steve, If you get a

GLD Daily Updated View

Posted by racerick on 7th of Aug 2020 at 10:40 am

Steve, If you get a chance, where do you see intermediate support on gold futures? I'm still short from 3071 on back test of 20ma on hourly from during the nite. I have a horizontal line at 3029ish and a decent sized old ATR line at 34ish, which seems to be where it bounced from. But looking at 9ma on daily as possible target. Just looking for 2nd opinion. 

Gold dropping pretty hard here.

Posted by racerick on 7th of Aug 2020 at 10:08 am

Gold dropping pretty hard here.

Gold and futures have been

Posted by racerick on 7th of Aug 2020 at 12:08 am

Gold and futures have been dropping past hour or so on news that Covid benefit talks are at an impasse. Could be end of next week before anything is worked out. $ bouncing.

Covered Gold futures at 2061.60

Posted by racerick on 6th of Aug 2020 at 11:32 am

Covered Gold futures at 2061.60 - 20ma on hourly  Still have GDX puts

ROFLOL, Isn't that the truth

USLVF is an animal. Wish

Posted by racerick on 6th of Aug 2020 at 09:55 am

USLVF is an animal. Wish I was brave enough to trade it, lol.

Long SPX futures at 3304.74 

Posted by racerick on 6th of Aug 2020 at 08:50 am

Long SPX futures at 3304.74  off double bottom this am and short Gold futures at 2071.10

Gold futures making new highs

Posted by racerick on 6th of Aug 2020 at 08:09 am

Gold futures making new highs this am

ACMR huge move today

Posted by racerick on 3rd of Aug 2020 at 11:58 am

ACMR huge move today

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