Gold Alert
SELL…SELL…SELL !!! The chart formation is convincing. Fundamentals are in favor of their prices…. so I love the trade that goes against conventional wisdom. Next Target…$1400/oz. Happy Trading, Hany
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Natural Gas NGN
The buy signal that was detected by using my short term and long term indicators may be confirmed soon. Given the downtrend line from 5/18 has been broken to the upside, and also the mkt price is at historic low price levels (refer to monthly chart), this may be a MAJOR BOTTOM. […]
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Long Term Market Forecasting
The blog I posted back on April 19, 2012 is coming to fruition. Yesterday’s market reaction in gold was in response to Warren Buffet and Bill Gates comments, which basically agreed with my previous analysis. Finally, prices broke the 2 month consolidation and gold dropped below $1600/oz. The bear market is now in motion! […]
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GOLD
In the hyperinflation that reached the peak in January 1980, gold prices peaked at $870/oz. After retreating in the following years to a low of 300/oz, the 9/11 attack started a bull market that propelled gold prices to more than double, and they reached $1900/oz in September 2001. Fundamental Analysis: Unless we will […]
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The Bear Market in GOLD is Gaining Momentum?
The media advertisement to buy gold is at it’s maximum. I believe the gold bugs are in for a surprise! My indicators are showing that platinum is leading the way to the downside. Time to add to our existing gold short positions. Sell June Gold @ 1650/oz. Risk 25% of margin, which is about $30/oz. Next […]
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Euro-Currency
My future projections are are pointing towards EUR to reach 1.25 in the next 6 months. Fundamental and technical analysis seem to agree. I have not seen this kind of crystal ball forecasting showing such a high probability since I started trading in the late 1970’s. Keep smiling! Risk Disclosure: There is […]
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GOLD BUBBLE?
Time to be an Egyptian and PYRAMID! All that glitters is not GOLD. Is this the final hooraah on the upside? Resistance is formidable at $1700/oz. Short term target $1500/oz. Long term target $1000/oz by early 2012. Fundamental Reasons: 1- The European bubble is now under control. Would rather buy Greek bonds […]
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This is What I Told My Students
Sell Gold GCZ11 or YGZ11 (mini)! At $1800/oz, it is possible to see $1500 per oz. by year end. Please note this is my personal opinion, and it has nothing to do with my mechanical method. I like to call it Hany’s bad habits!!! Reason: Would rather buy a Greek bond yielding 60% per […]
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A SELL Signal in GOLD!
This is my communication with my students today (now). A SELL signal in GOLD! So far, all the previous buy signals confirmed, but none of the sell signals. But remember, follow the method…be patient! Risk Disclosure: There is a risk of loss in trading. Whether it is commodities, […]
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Commodities Instruction
Today the stock market and crude oil collapsed! Is this a trend or a correction? Time to measure the psychology of the market. My students and I follow a mechanical method that measures the market psychology and use this information to position our trades. So far, we were short the stock market and short the crude […]
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