Courtesy of Read the Ticker.
Investors see this, higher support levels in metals and metal stocks, the big boys may be done with their tricks and a move up is near.
readtheticker.com has been watching the price move over the Gann angles with gold (GLD). Demand has proved it self so far, 2018 may see the red bearish 1×1 (down line) challenged near $140. Of course this does not mean another test of $125 is unlikely, the big boys are using all the tricks in the book to not allow the public to enjoy are profitable market up process.
Gann Angles mixed with cycles and Wyckoff is sound method to examine price action.
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HUI Index, a bust above 100 is very likely
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Sure fundamentals do matter, and so does market timing (entry, stops and exit), here at readtheticker.com we believe a combination of Gann Angles, Cycles and Wyckoff Logic is the best way to secure better timing than most, after all these methods have been used successful for 70+ years.
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Investing Quote…
…“It is impossible here to give an adequate idea of the Law of Vibration as I apply it to the markets. However, the lay man may be able to grasp some of the principles when I state that the Law of Vibration is the fundamental law upon which wireless telegraphy, wireless telephones and phonographs are based”…
William D Gann
..“It’s not what you own that will send you bust but what you owe.”..
Anon
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.
Bruce Kovner
..”The first rule is not to lose. The second rule is not to forget the first rule”
Warren Buffett
..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell”..
John Templeton
