MarketplaceMetallic Gold ShortsPosted on March 24, 2010. Gold, Money, the Gas of Oil and Nat Echangeant the ReportThe commodities that if moved away this week did not change a lot. But I can point out something to look at us Thursday and Friday. The precious Metals ae" the funds of GLD of Now ae" the Funds of SLV of Money ae" in the evening Stocks the Funds of GDX We could begin seeing a change between price relation between gold and the wide market. I pointed this last week mentioning out that gold and money begin delaying in the value while the stocks liquidate on the big days. For example, the flow of Wednesday in the ordinary actions had not the a lot of effects on the precious metals. This is that we want to see. It means that money does go out of stocks and in gold and the ingots in money as a refuge. These three graphs of GLD, SLV and GDX show price to Wednesday action as gold and money are moved the higher metal while precious stocks sold down below with the market remainder. This generally is an informer downwards for gold and money but because I begin seeing this arrives more often of the and the merchants are ready for the market to surpass any day, I see this as a bullish informer. If the market to begin slipping I have a sensation investors will unload a lot more money in gold and money.
The energy ae" the Funds of USO of Oil ae" the Energy Stocks the Funds of XLE We see a similar model in the energy sector. The oil had a pleasant movement higher today while the energy stocks liquidated. The stocks begin falling favor. Who is said, I think that I found an oil game that can the higher rocket in the next days a possible 10 employee in charge of packing the purchases. I will furnish these information in my Thursday of service or Friday this week.
The natural Gas ae" the Funds of UNG The natural gas is still in a market downwards and a commerce under a line of tendency of major resistance. This commodity could go or the manner if I will await the quotation to be more on my side before to jump on board with a long one or a short commerce.
The gold in the middle of the week, Money, the Oil and Conclusion of Gas of Nat: The market begins looking at and feel that the heavy summit with a lot of informers and evaluates the action models giving crosses signals. While the market could continue to the higher rocket with the new money is unloaded in average investors because of the third gains of solid quarter, we must be prudent while tightening our stops and takes some table profits. Until we obtain a market too boasted in the short one run conditions I exchange very conservatively. To await a good commerce is crucial in the commerce. If you always want to exchange and force positions when the market is shaken that you finish by with the commerces of lower probability. CommentsThere are no comments.Leave a Comment | Newest Posts Other Blogs |