L****n
发帖数: 12932 | 1 after breakout on Sept. 14, GLD ran up 5% ( only5%?!, it sure feels like a
lot) and form a gap at 129-130. Thursday i ran a little day trade on GLD put
option. one very successful, the other not quite. but the generally feeling
is there are huge support within this gap. GLD poke below 130 and went as
far as 129.5 and buyers start to jump in. Now this gap feels more like a run
away gap for me. time to long precious metal like platinum and palladium. | N********n
发帖数: 8363 | 2 Gap analysis on GLD is not very useful IMO as it only tracks the price
actions @ CRIMEX.
The main sequence of CRIMEX trading happens from 8:20 to 13:30. Riggers
tend to launch their strikes at early hours. Rigging usually happens on
specific days when there are Future OE, 30-Year Bond auction, job #s, GDP
or some other important Fed/Treasury announcement. Riggers want US$ to
appear strong during those days.
When GLD trading starts @9:30, the action @ CRIMEX has been on for 1 hr
already so you see those gaps all the time, which means only the 9:30 to
13:30 part of trading data on GLD/SLV is somewhat useful for analysis.
More over, you cannot read the volume of real gold trading by looking at
GLD. Another bummer.
You wanna play gold, you have to follow CRIMEX data and weekly COT. | L****n
发帖数: 12932 | 3 GAP does happen a lot on GLD, no because of Riggers, but because of 24
Global Gold market. but a gap this size at this price is still significant
. | M*****8
发帖数: 17722 | |
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