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Created on: 7/13/2013 8:10:07 PM   Last Update: 7/16/2013 6:56:16 PM Posted by: RTT
WARNING: This entry is 3425 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Gold stock chart says odds are good
gold-stock-chart-says-odds-are-goodTime to look at the ugly sector of gold stocks. Many folks are short gold and silver stocks and like all trends they do end and snap back very quickly. This chart shows odds are in favor of the bulls.

Metal stocks need the metal (gold and silver) to rise as well. We at readtheticker.com recommend Wyckoff logic for price and volume action review before trade entry. One to watch.

(NOTE: This chart was posted to members 2 weeks before public blog)


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XAU





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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."Anyone who buys or sells a stock, a bond or a commodity for profit is speculating if he employs intelligent foresight. If he does not, he is gambling."..

Richard D Wyckoff


.."I never found beauty in the longing for the impossible and never found the possible to be beyond my reach"...


Ayn Rand

...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”...

Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).


.."So you think money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men are able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value(...) Money is made possible only by the men who produce. Is this what you consider evil?"..


Ayn Rand

.."It's easier to fool people than convince them that they have been fooled"..


Mark Twain




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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



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