Gold continues to move, Silver lagging

    Posted by matt on 24th of Dec 2018 at 09:57 am

    USLV - Chart Link- while gold has been moving nicely, silver still lags, monitor this trendline resistance on SLV or USLV

    gold has been hugh winner

    Posted by RP on 24th of Dec 2018 at 09:59 am

    gold has been hugh winner and etfs and stks. i own uslv been buying it on dips for months and idea out there that trade war is over etc  it will breakout. not happy with GUSH but it is on sale . 

    RP you are not still

    Posted by matt on 24th of Dec 2018 at 10:04 am

    RP you are not still in GUSH are you?

    Oil stocks have been decimated.

    Posted by oatdust on 24th of Dec 2018 at 10:12 am

    Oil stocks have been decimated. Hopefully they will rebound more than the general market when it snaps back

    have march options 

    Posted by RP on 24th of Dec 2018 at 10:05 am

    have march options 

    RP, which march options are

    Posted by alvinjm27 on 24th of Dec 2018 at 10:30 am

    RP, which march options are you trading for GUSH?

    i also have few spy

    Posted by RP on 24th of Dec 2018 at 10:15 am

    i also have few spy calls and aapl calls on your system . i am very patient with gold as i have emailed you privately did very well with gold and etf's beginning of this year. on options i build a position no big moves . i sold 40 contracts last week 85% gain. i also hold the etfs and use options around that. also the fast money dude carter worth gave a buy on gld friday who knows anyway my best trades on gold usually around this time of year into feb march. 

    okay options one thing, because

    Posted by matt on 24th of Dec 2018 at 10:08 am

    okay options one thing, because I was going to say if you had shares why are you still in it.  For anyone trading, always know your exit price before you even buy, don't just hold things, you buy a pattern and it doesn't do what you thought it would do, get out stop out, you can always re-enter at a later date if it sets up again, always have an exit plan stop out price.  Now for me I would have been out of the options too unless it was just such a small amount that I didn't care about.  

    anyway nice job on Gold, I just wish the individual stocks has better patterns vs being so sloppy, but it does continue to march higher so good job. I will add that gold metal has a better clearer pattern than the stocks

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