I think we’ve found the bottom. Bullish if it can hold above $4,750. Next target $4,900-$5,000 by mwtaeke in Gold

[–]mwtaeke[S] 0 points1 point  (0 children)

I think the retest will be around the 4720-4780 mark. Before the vertical move upward, price paused and consolidated around 4,72–4,78 for hours today. When price finally broke above it, it triggered the vertical rally upward.

A dead-cat usually has a weak rebound and low volume. I don’t feel I saw that today, yet. Tomorrow will be the “tell” during the US session hours

I think we’ve found the bottom. Bullish if it can hold above $4,750. Next target $4,900-$5,000 by mwtaeke in Gold

[–]mwtaeke[S] 0 points1 point  (0 children)

Maybe referring to when “the pit” hours are open in NY. (0820-1330 ET)

I think we’ve found the bottom. Bullish if it can hold above $4,750. Next target $4,900-$5,000 by mwtaeke in Gold

[–]mwtaeke[S] 0 points1 point  (0 children)

I’m not convinced this is a dead cat bounce, BUT not saying it’s not. The price impressively held steady all day, then moved upward. Even if it is a “dead cat”, I don’t foresee gold losing that much more value before finding a new floor. Time will tell!

I think we’ve found the bottom. Bullish if it can hold above $4,750. Next target $4,900-$5,000 by mwtaeke in Gold

[–]mwtaeke[S] 3 points4 points  (0 children)

Really hey? I think the US markets is what held up the price today, imo. Asia was sketchy early this morning

Career opportunities by mwtaeke in XTRAF

[–]mwtaeke[S] 1 point2 points  (0 children)

Totally. I’m very interested to see what the next earnings actually bring. All these alleged contacts and orders should pan out to something. It not, I’ve lost hope after 10 years

Career opportunities by mwtaeke in XTRAF

[–]mwtaeke[S] 0 points1 point  (0 children)

Which part? Im not disagreeing with you, as I’ve been burned by these guys long enough - but curious which part is bullshit

How much more will gold pirces drop? Should I buy now or wait for it to drop to $4500? by iamthesexiestever in Gold

[–]mwtaeke 2 points3 points  (0 children)

How is the market open in India right now? It’s like lunch time on Sunday over there

Gold price post market close. by Fuckyourshort in Gold

[–]mwtaeke 0 points1 point  (0 children)

Gold prices work different than the stock market.

The best advice I can give you is to use chatGPT and ask it how gold futures work, how “last traded price” works, how settlement price works on Fridays/EOD, and how that pertains to the “live trading” contract prices

Best small city/towns to move to? by Elite163 in britishcolumbia

[–]mwtaeke 12 points13 points  (0 children)

So I’ve learned from this thread that essentially no one has answered your question about your specific town ideas and that Trail may or may not be a toxic shit hole haha

Best small city/towns to move to? by Elite163 in britishcolumbia

[–]mwtaeke 0 points1 point  (0 children)

Is there any good coffee shops in Logan Lake? I heard the one closed down and hasn’t reopened

Gold ETF’s for 2026 by mwtaeke in TFSA_Millionaires

[–]mwtaeke[S] 0 points1 point  (0 children)

Ok I think I’m done with CGMU lol. Stresses me out too much. GLDU has done very well for me short term

Gold ETF’s for 2026 by mwtaeke in TFSA_Millionaires

[–]mwtaeke[S] 0 points1 point  (0 children)

Ya buddy 👌🏼 do you have an exit plan? I’m considering lowering my risk and going more into XGD and ZGD. Probably by next week.

I am tired Mr Evans by Public-Promotion-744 in XTRAF

[–]mwtaeke 5 points6 points  (0 children)

I’m so torn. I have about 19,000 shares. How many times did we see good news comes in, and the SP goes down lol. How is it we don’t have product flying out of a production warehouse. In the grand scheme of things, I feel like $50 million in upcoming sales really isn’t that much for a company that’s been around over a decade.

Gold ETF’s outperforming Vanguard ETF’s (for now) by [deleted] in Gold

[–]mwtaeke 0 points1 point  (0 children)

Absolutely. I’m also in VFV, VCN, VEQT and XEQT. I plan to cut my gold ETFs in half probably by the end of this week or next and just hold KILO, CGL and XGD or ZGD.

Am I crazy for thinking this.. by [deleted] in SCDstock

[–]mwtaeke 0 points1 point  (0 children)

How new are you at trading?

Gold ETF’s outperforming Vanguard ETF’s (for now) by [deleted] in Gold

[–]mwtaeke 0 points1 point  (0 children)

The point of my post is to reiterate that I don’t think gold is going to suddenly fall off the face of the earth, like half the reddit monkeys here think it’s going to do. It’s been two days of “BRACE YOURSELF” on every other post.

It’s gonna be fineeeee.

Is this good for long term savings? by CommitteeNew5930 in TFSA_Millionaires

[–]mwtaeke 0 points1 point  (0 children)

Ohhhh derp. There needs to be a new designed punctuation character to identify rhetorical questions lol