SI
SI
discoversearch


 Gold/Mining/Energy: Gold & Gold Stock Analysis  
Posts: 29455 | Member SubjectMarks: 532 | No Bans

Share This Board Moderated By: Andrew -- (Moderated) -- Started: 6/3/2004 7:11:37 PM  Revision History

DECEMBER 2005 UPDATE

Gold Indexes have broken out to new highs for this bull market in Gold and Gold shares.




-------------------------------------------------------------

I was surprised by the accuracy of my original roadmap which I've left below. Using simple TA I predicted the Gold price almost to the dollar and to a fairly close time frame well in advance.


I'd like to add a disclaimer at this time.

I post here for fun and to create discussion about Technical Analysis. Under no circumstances should anyone take anything I post as investment advice since it isn't. I started the thread for discussion and that is all.

Further I have no control over other posters claims they make regarding the markets and individual stocks since this is an open forum and only posts of abusive or repeatedly foolish nature would ever cause me to ban someone.

Happy trading to all : )

-------------------------------------------------------------

From my original post of 08/16/2003

Next stop 385

Technical analysis is IMO very much of an if this then that science/art. My take on the next year or so.

1 - a decisive break out of this triangle takes gold to 385 - 390 in the next few weeks/month (mid Sept)

2 - gold then comes back to 365ish area and gets support on lower trend line (early-mid Oct)

3 - next move up pushes gold to the decade plus resistance at 420 (mid Dec-early Jan)

4 - a quick retrace to 385 - 390 (mid-late Jan)

5 - price turns upward once again and smashes 420 with a move similar to the break through 330 (Somtime in Feb)

Target 450 - 500 (Sometime next year)

I could be wrong depends on whether gold breaks downward out of triangle. WTFDIK?

Discussion is to include all producers from junior to senior, including non producing juniors with REAL deposits.

I would like to see posts with analysis on gold stocks with an emphasis on quality and leverage to gold price.

Analysis including fundamental and technical and everything inbetween <GG>

Discussion may include explorers but there are other threads for touting and pumping of penny stock drill plays.

I would also like to have discussion of other factors which may effect the gold market, eg. economic trends ,political issues , the state of the major markets. If it effects gold or gold stocks please post it.

Daily Gold

stockcharts.com 

Weekly Gold

stockcharts.com 
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsDate
29455Thank you. FWIW an advisor my brother trusts has SAND as a buy under $6. Peter Dierks-04/18/2014 09:03 AM
29454SSL ... siliconinvestor.com  kidl-04/15/2014 11:39 AM
29453Sandstorm has since retrenched to below $6. I still have a nice profit despite aPeter Dierks-04/15/2014 08:22 AM
29452Gold Trims Weekly Loss as Decline Below $1,300 May Spur Demand. DETAILS Tyrion-03/28/2014 06:38 AM
29451Congrats! Nice to tie into a gooder, eh? Cheers! IngotWeTrust-03/18/2014 01:27 PM
29450Sandstorm (SAND) has gotten over $6.50. I have a nice profit in it. It is not rePeter Dierks-03/18/2014 01:00 PM
29449Gold Mining stocks have in the past enjoyed a very powerful slingshot effect wheTommaso-03/13/2014 08:25 PM
29448Maybe the long-awaited total destruction of people shorting gold is about to assTommaso-03/12/2014 09:56 PM
29447It is already at the 200 dma, also about same price as at the declining trend liJohn Vosilla-02/14/2014 12:18 PM
29446I suspect the nsa monitors everything just in case but I doubt there is much theMadharry-02/14/2014 06:51 AM
29445Watching gold cross $1300 to the upside is somewhat orgasmic. Tommaso102/13/2014 01:30 PM
29444I wonder if gold ownership is important enough yet to the U. S. government so thTommaso-02/12/2014 10:02 PM
29443What has been going on with germany's effort to get back some of its gold frMadharry-02/12/2014 09:36 PM
29442silverdoctors.com  The Barracuda™-02/12/2014 12:36 PM
29441Eric Sprott is predicting big buying of GLD, which will force gold prices up. ThTommaso102/11/2014 11:45 AM
29440>>All the erstwhile wacky bulls are ghosts of thr past. >>One day inJack Be Quick-02/07/2014 02:29 AM
29439funny......how come the low was last june da_cheif™-02/03/2014 10:22 PM
29438Or another way to put it: now that the economically destructive policies of thebenwood301/29/2014 02:33 PM
29437Steve Liesman CNBC economist was promoting capital controls to solve economic pThe Barracuda™101/29/2014 10:18 AM
29436When something happens, I'll be back. Bonefish-12/17/2013 04:40 PM
29435Venezuela gold is getting dumped onto the market wealthdaily.com  The Barracuda™-12/02/2013 06:19 PM
29434I did a little more homework. Two of the founders of Sandstorm Gold were principPeter Dierks-12/02/2013 09:13 AM
29433As you say, this board is dead. All the erstwhile wacky bulls are ghosts of thr ecrire-11/27/2013 10:09 PM
29432Does anyone on theis dead thread have an opinion of Sandstorm Gold (SAND)? Peter Dierks-11/26/2013 11:22 AM
29431Tuesday, July 9, 2013 David Franklin and David Baker Silver… Light at the Enpitbull_1_us-07/10/2013 10:05 PM
29430The chart guy says a breakout to the upside from the symmetrical triangle suggesPeter V-07/10/2013 08:43 PM
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.