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.

    Kudos on the trade 

    Posted by steve on 11th of Aug 2020 at 08:57 am

    Kudos on the trade 

    Kudos to you guys. When

    Posted by arun on 11th of Aug 2020 at 09:26 am

    Kudos to you guys. When ever I see you guys draw that parabola on chart - I just go in blind short lol. Never failed to this day. Knock on wood. 

    I think GLD needs to

    Posted by arun on 11th of Aug 2020 at 08:36 am

    I think GLD needs to fill 179 gap area before we go long

    They're killing it. Wow, down

    Posted by racerick on 11th of Aug 2020 at 08:50 am

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

    Moved my stop to 73.90

    Posted by racerick on 11th of Aug 2020 at 08:41 am

    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.

    Same here. Hitting big on

    Posted by arun on 11th of Aug 2020 at 08:26 am

    Same here. Hitting big on GLD and GDX puts. Thx Matt and Steve

    Just bot another futures contract

    Posted by racerick on 11th of Aug 2020 at 08:32 am

    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.

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