Comfortable?
/1 Comment/in Public /by Alex - Chart FreakAs Gold drifts around the lows of November, many wonder whether it means Metals are about to break through the bottom again and head for new lows, or break out higher? For many its hard to get really comfortable with the constant ebb and flow of the Metals , especially with the Dollar acting so strongly lately. We can look at some charts in the public section here and comment a little about whats been happening, but a Premium report just went out this weekend, so the review has to be limited, not taking away from those reading the premium version.
Gold hasn't broken down in a lasting manner from this channel, but its at the low end now and faces resistance above. (Click chart to open)
If you look at a long term chart of SILVER, it finds itself in a similar place ...
Read MoreBULLISH
/2 Comments/in Public /by Alex - Chart FreakDec 2 2014
WOW! Metals! Could it possibly be nearing a time to gather a small CORE position in miners? Or is that just a rotten idea at this point? I just posted a member report , but I didnt want to just leave my other friends/ followers who may be unable to sign up at this time hanging, so I just want to post a quick update. The recent ride in GOLD/SILVER has been what...Breathtaking to say the least ? It really has and if you've followed my reports then you know that it has been shake out after shake out (Quite often on Fridays). I had maintained that these were Bullish when they recovered, so what is going on now? We had a 1/2 day holiday trading period last Friday ... but it got crazy.
BOOM, an $80 move in Gold
I always thought that someday we'd see a $100 dollar move in Gold, but I thought that we'd see that when Gold was up near $2000 . ..
Read MoreYour Invitation to Join Me
/12 Comments/in Public /by Alex - Chart FreakI really want to thank you for following along here at ChartFreak. Whether you have been here since I started posting last March, or you have just joined me in the past few weeks, I’m happy to have had the opportunity to share my years of experience with you. I have appreciated the support through your kind comments and I’ve also enjoyed the various questions that many have asked. It has helped me to get to know you and allow me to better structure my posts and reports to provide real, actionable value to my readers. I know readers have varying trading experience, but you’re all here seeking to achieve the same goals in the end, which is to be a more successful trader. No matter what level you’re currently at, I’m confident that with my extensive experience, you will learn trading strategies that will make you a better trader.
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Deviate From The Norm
/26 Comments/in Public /by Alex - Chart FreakYou Have 1/2 Day To Decide
/15 Comments/in Public /by Alex - Chart FreakPART 2 Fuel To The Fire
/38 Comments/in Public /by Alex - Chart FreakFuel To The Fire
/60 Comments/in Public /by Alex - Chart FreakNov 18,2014
Just a few thoughts here, not much has changed. I had one reader ask me to review the QQQ's , so I will do that and also use the SPY as an example, but first GOLD. The outworking of GOLD continue to look and act like a "Shake out" & then the final "Lock Out" have occurred. I actually have people writing me saying they are going to short the 20sma and also will short again at the 50sma. One asked me "I added shorts today , when will you be?" IF THIS IS A LOCK OUT move, shorting is extremely costly. We might get pullbacks here and there on a daily chart, but A short cover rally accompanied by buying can cause a somewhat pause-less rally and the mental damage can cause one to just freeze. So historically, Please look at this Weekly chart ....
AUDIO CLICK HERE click here / press download then click OPEN and come back to follow charts
Better to short this , or buy the dips?
Next lets cover Gold as I see it this am ( 6a.m.)...
Signs of a Lock Out
/28 Comments/in Public /by Alex - Chart FreakDid you say a “Core” position?
/16 Comments/in Public /by Alex - Chart FreakContact Us
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