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Created on: 8/21/2019 8:13:30 PM   Last Update: 8/21/2019 10:57:20 PM Posted by: RTT
WARNING: This entry is 563 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Gold Gann Angle Update
gold-gann-angle-updateEverything awesome? Gold over $1500. Central banks are printing money to generate fake demand. Germany issues first ever 30 year bond with negative interest rate. Crazy times!

Even Australia and New Zealand and considering negative interest rates and printing money, you know a bunch of lowly populated islands in the South Pacific with no aircraft carriers or nuclear weapons. They will need to do this to suppress their currency as they are export nations, as they need foreign currency to pay for foreign loans. But what is next, maybe Fiji will start printing their dollar. 

Now for a laugh, this Jason Pollock sold for more than $32M in 2012. 


Pollock



Ok, now call Dan Oliver a nut for his target of $3,000 USD gold.






Gold latest Gann Angle chart.


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Gold Gann



Gold CTFC situation. Notice extreme open interest has been a reversal signal. Watch out for a pullback.


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Gold CTFC





Divider




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.

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...

.."There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play."...

Jesse Livermore


.."The first rule is not to lose. The second rule is not to forget the first rule"

Warren Buffett


Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.

Warren Buffett


.."The key to making money in stocks is not to get scared out of them"

Peter Lynch


.."Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"..

George Soros




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