Davidgroshong

Davidgroshong Updated 

While on an ultimate down trend it would seem, PLCE has such beautiful waves... A reversal is in play, though I believe its highs will continue to stay lower, drawing out lower lows as it returns to "normative range" - I.E. Lower Comforts. A good range for topping out with profit would be anywhere from $78 - $81. So far this year, looking back at similar plays and...

Davidgroshong Updated 

There is an obvious expectation of a final bounce along the down trending support set to propel gold upwards, based upon 3 factors: 1) "Market goes down, Gold goes up", 2) Sentiment surrounding an "inevitable" downturn in the market to come is a powerful proponent, and 3) Chart indicates a high likelihood of a rally in Gold, if the first 2 factors begin to...

Davidgroshong Updated 

This is a strong setup for short term gains. The historical support line of focus is at $25.65-ish, over $2 below current price, and has increasingly been undermined by price action sauntering below, before coming back up, though not undermined enough to dissuade its strength. This support is a good goal for short term, as at current price action in recent past,...