Minimize

Welcome!

A double top for the S&P and is gold’s correction over?

Cory
August 17, 2020

TG Watkins joins me to comment on the recent action in the S&P and gold market. TG is watching these current levels in the S&P for a potential double top dating back to February before the COVID washout. For gold TG shares a technical indicator that would signify the correction as being over.

Click here to visit the Simpler Trading website and follow along with TG’s trades.

Discussion
15 Comments
    cfs
    Aug 17, 2020 17:04 PM

    I’m seeing rotation. Not inconsistent with a fundamental bull market.
    But I know nothing.

    Aug 17, 2020 17:41 PM

    Holy Toledo, Batman! NUG.V is up 20% today, from 15 to 18 cents. Who else is on board?

      Aug 17, 2020 17:43 PM

      Count me in.

      Aug 17, 2020 17:44 PM

      Bonzo, I may have moved the market on this one today. I’ve owned a boatload of this stock and bought even more earlier today before the spike. I believe folks are buying in anticipation of their drill results later this fall–that does make me a little nervous.

        Aug 18, 2020 18:42 AM

        Doc, ditto for me. I also bought more early this morning before the spike.

    Aug 17, 2020 17:45 PM

    Buffet may wish he had bought NuLegacy instead of Barrick when they find another Betze-Post in the Red Hills. It’s Quinton’s favorite target in all Nevada. Listen to his interview with Chen Lin on YouTube. Maureen O’Hara was born 100 years ago today.

      Aug 17, 2020 17:58 PM

      BB, NOTHING LIKE A PRETTY REDHEAD

        Aug 17, 2020 17:33 PM

        Yep, and in “Sinbad the Sailor” Maureen O’Hara may have been the prettiest redhead ever.

    Aug 17, 2020 17:12 PM

    NULGF closed at 14 cents today, up 25.5 % !!! And CNRIF was up big too!

    Aug 17, 2020 17:14 PM

    Is this GOLD’s Cup with No Handle trip to 2700-2800?

    Aug 17, 2020 17:18 PM

    I said Friday…….after the Buffet news……..Monday should be interesting…..

      Aug 17, 2020 17:34 PM

      Gold nice move today….up $50…..

        Aug 18, 2020 18:54 AM

        Monday and Tues………..very interesting……..moving on up…..

    Aug 17, 2020 17:17 PM

    What’s happened? : http://yogafordepression.site

      Aug 17, 2020 17:26 PM

      Thank you for the link