gaps all over the charts and extended from 9 ema at least pullback

so 50 bil. means nothing...in addition they will not do QE like we do so it will be even less effective so its basically worthless and is another bandaid..

off the table think we are getting a little over done...

catching a bid into the close...

anyone follow this?

Gold & Silver  are continuing to hold above - and steadily move higher from - intermediate cycles that bottomed on  Nov. 3--7 ^th, at which time Gold reached the lower end of its primary, 3--5 year downside target ( 1127.0--1132.0/GC). 

That low projected an overall rebound into  January 2015 AND created a ~4-month high-high-(low)  Cycle Progression  (and corresponding 22-week low-low-(low)  Cycle Progression ) that next comes into play in  early-March 2015.   

Silver later confirmed that by finally reaching its corresponding 3--5 year downside target ( 14.540--14.650/SI) - while Gold held above its  Nov. 7 ^th low.  That fulfilled another Major objective and corroborated the potential for a multi-month bottom.

With Gold & Silver having reached & held 3--5 year  downside objectives, this advance was expected to be the largest in over a year.  With today’s spike to  1244.0+/GC, Gold has now rallied more than in the past 9--10 months.  In order to escalate it to the next level, and validate that scenario (for a larger advance), Gold needs a weekly close above  1256.2/GCG while Silver needs a corresponding weekly close above  17.810/SIH. 

The weekly  21 MARC s could play a key role in this scenario, since they begin a convincing 5-week decline this week.  Since they represent the  replacement levels for the weekly  21 MAC , their  descent is actually a  positive for current price action.  Gold & Silver have rallied & reached the combination of their weekly & monthly resistance levels and would need to close above today’s highs in order to signal further upside.

The  XAU  is breaking out of its 2-month trading range - to the upside - corroborating the near-term outlook for Gold & Silver.  In doing so, the XAU gave the first neutral signal against its prevailing weekly downtrend.  That corroborates the weekly  LHR  in Gold - both of which focus on  Jan. 19--23 ^rd for a potential, intermediate peak. 

we all may be doing the same soon...

all the reason to own the etf's

http://tos.mx/vdRe0Csee if this opens chart on think or swim never done this ..

chart?   

thoughts...

what you said makes a lot of sense i like the analogy of teaching you to fish. this site seems like a lot goes into keeping folks up date and on top of the markets. and yes there are lot of folks wanting to take your money. so i will listen learn and watch.

thank you  

second WHY are trades not posted when matt or steve buy them is it a secret come on..

so why wasnt that buy called live in trading community? second why dont you call trades live here? third since you do the newsletter seems like talking your book to sell stock touted the night before. just observations but should be answered i think.

and lots of it...zacks had anv and baa as top gold stk picks