Which way? A Gold Timing exercise

The way I intend atm to play it.....
Our ASX Mkt opens in 40 minutes time, and first off am hoping dumb money sell out of gold. Toward the end of trading day will view how the major asx stocks behaved going into the close, if bullish, I'll jump back in with a bunch of positions.
Gold futures right now are bearish but USA gold stocks were bullish on close.
 
themickey said:
The way I intend atm to play it.....
Our ASX Mkt opens in 40 minutes time, and first off am hoping dumb money sell out of gold. Toward the end of trading day will view how the major asx stocks behaved going into the close, if bullish, I'll jump back in with a bunch of positions.
Gold futures right now are bearish but USA gold stocks were bullish on close.
More...
Bought into 13 gold positions just now, mkt closing in 15 minutes.
Earlier in the day I topped up on 2x uranium positions, also bought into a Nickel stock which had been punished.
NIC.png

This guy got hammered so I took a bite, NIC.AX.
 
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Friday was a rare day when nigh on every stock sector was red, don't see this very often.
The exceptions were natural gas which wasn't exactly green and agriculture apparently which I don't follow.
I retain bullish gold outlook.
 
themickey said:
Friday was a rare day when nigh on every stock sector was red, don't see this very often.
The exceptions were natural gas which wasn't exactly green and agriculture apparently which I don't follow.
I retain bullish gold outlook.
More...

I sold almost all my remaining Gold/Silver stocks last 2-3 days. Glad to get out of the poorer performers without a loss and book nice profits on some of the others. Still have a junior silver that is hugely underwater plan to hold it. I still like the potential value plays but we are at serious resistance it seems on the stocks I want to see better price action at these levels.
 
Nine_Ender said:
I sold almost all my remaining Gold/Silver stocks last 2-3 days. Glad to get out of the poorer performers without a loss and book nice profits on some of the others. Still have a junior silver that is hugely underwater plan to hold it. I still like the potential value plays but we are at serious resistance it seems on the stocks I want to see better price action at these levels.
More...
Gold gives me the heebie jeebies, damn annoying commodity, but there's a method to my madness.
I've been holding gold & my breath for nigh on 2 dissapointing time wasting years, but historically when gold gets into fresh blue sky it runs dramatically and that's what I'm betting on by re entering Thursday.
After a very strong recent run, knowing a little about gold's behaviour, a collapse on price was to be expected but it didn't eventuate. That signals bullish, hopefully it doesn't crab sideways for too long. It was prolly smarter to await the breakout of ATH's.
harry-potter-fly-car-fall-hanging-on.jpg

How I'm dreaming the breakout will look like. Toooot!
 
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