Goldtent TA Paradise

Well, there goes $1340…

1. Karl says:

   June 7, 2019 - 8:54 am at 8:54 am

   As in backtesting by 1 or more large dumps of ‘paper’ (electronic) gold to keep below ~1350.

   Nevertheless I am somewhat inclined to keep picking away even at the open with a tiny increase to an already significant royalty company holding from way back. (Yesterday even though I sold 4 loser companies I added to one smallish producer I’ve long held so I had no significant net gain/loss.) I expect to risk the real possibility that ‘backtesting’ by dump takes things way lower. Nothing surprises me. An easy move upwards actually worries me.

   • silverboom says:

     June 7, 2019 - 9:01 am at 9:01 am

     Yes, easy moves are almost 100% guaranteed to bite back big time. $1350 a significant resistance but nonetheless recent action is slightly encouraging. I’ve made more in the last two months with puts and calls on the general markets, while slowly adding depressed potential 10 baggers.

     Oh, lookie – the blast up receding fast. Gotta love gold, right??? Confounds, confounds, then confounds again.

     Might have made a good short if you caught it at the top of that $9 move.

2. Fullgoldcrown says:

   June 7, 2019 - 8:55 am at 8:55 am

   Thanks Boomer…I missed the explosion.

   Nice to see you posting a chart too