Hochschild Mining Share Discussion Threads

[shakeypremis] 21/11/2017 22:40

Early days yet chaps. We've been here many times before. Let's see what the next few weeks bring.

[dt1010] 21/11/2017 17:57

Ha golden today was a momentous day for HOCers.

Silver up since London's close!

Very good break out today and a high close.

More for the rest of he week! 200mda is first target.

50 and 100mda are about to cross over so technically it's looking good too.
RSI sits at 57 no where near over bought.

[goldenshare888] 21/11/2017 17:35

Boom......breakout!! :))

The new thread could be called:

550p here we come! Ps. It will make you go grey/crazy on the way up/down/up!

LOL

[dt1010] 21/11/2017 17:22

Don't worry juju. We are on our way back up now.

[juju44] 21/11/2017 17:11

Problem is the funds rarely ever get it right . its the commercials are the smarties - and guess who they are ???????? Correct - the bangsters

[dt1010] 21/11/2017 16:39

Might this be why folks?!

GOLD
The analysis of funds' behavior in the gold market indicates that, apparently, yet another sales cycle on the side of the funds has completed, and now a new bullish momentum is arising.
Since the end of October, the price of gold has been unable to break through the level of $1267, and a solid support is now fixed here. It is interesting to note that during this consolidation period the funds have increased their net long position in gold by 8% mostly opening long positions:

In the last two weeks, the gold market liquidity, in spite of rolling back from September peaks, was steadily above the three-year average, which is typical for consolidation rather than market reversal.

The ratio of sold to bought contracts remained at below 15% over the last two months, which is also a sign of the bullish sentiments.

Putting It All Together
So, judging by the funds' actions, the gold market is gradually emerging from the phase of consolidation, getting ready for the next wave of growth. In my opinion, in the next two to three weeks, it is reasonable to expect active purchases by funds followed by the growth of the gold price to the level of $1316.

Sentiment is changing in our favour!!

Funds Raise Bets On Gold And Oil $GLD

[charles clore] 21/11/2017 16:38

Ok guys n gals I have no idea how to go about it but I have a little time on my hands and would be willing to try and put a new thread together with gold and silver charts and other links. If you have any ideas on the thread name and content or you have already started a thread for HOC please let me know.

[killary cunton] 21/11/2017 16:37

Faithful? You lot are anything but

[juju44] 21/11/2017 16:33

Well what about that 245p cracked . You have to love the leaves . Well done the faithful

[dt1010] 21/11/2017 16:33

Very VERY nice close guys and gals! Mines a G&T (a double) infront of the fire once the kids are in bed!

Nice break out.

[ifthecapfits] 21/11/2017 16:31

Nice finish to the day.

[charles clore] 21/11/2017 16:31

I think this calls for a small (no large) celebratory glass of plonk!

[dt1010] 21/11/2017 16:20

True

Heading back to high for the day at the close !

Bodes well for coming sessions.

[onedayrodders] 21/11/2017 16:18

Only 2 he knows about anyway

;o)

[dt1010] 21/11/2017 16:15

Only the two. I buy chunks for their ISAs. They'll thank me one day, I hope.

[charles clore] 21/11/2017 16:11

DT - how many children do you have for God's sake?

[dt1010] 21/11/2017 16:10

Too right it would juju! Me thinks new Money is being committed here ahead of bull season for gold

Here's to a 245p close !

[juju44] 21/11/2017 16:05

Wee rush now to finish the day on a high would be nice

[dt1010] 21/11/2017 15:40

Gotta think positive dude. It's a mindset. You'll be negative on this when it's trading at 400p. Horses for courses but you gotta see the bright side.

Today's price action is a break out from a tight trading range.

200 mda sits at 265p. That's a good short term target.

Love it.

[richkid71] 21/11/2017 15:34

People are getting way too carried away. It was only last Friday people were thinking this is it following a little rise in metals. IT wasn't.

[juju44] 21/11/2017 15:28

Other thread now much better . Charts and me

[dt1010] 21/11/2017 15:17

makes no difference to me, not one bit. I shall keep posting.

....the journey back to 330p+ has finally started !

[tadastadska] 21/11/2017 15:07

Guys,stop this nonsense,previous thread was perfect and we ( I say we because I am sure I am not the only one ) would like to see it back please.Thank you

[dt1010] 21/11/2017 14:54

Nice break out here today above that 240p channel range...

reason to be pleased about this ! :))

[fieldhouse] 21/11/2017 14:52

Very sorry that steve has taken the action that he has .
It has been brought about by a total lack of respect for the thread originator.
steve asked for restrain in what was posted and it was ignored by a few who like the sound of their own voice !!
A touch of the DT's one could say!!