Orosur Mining Share Discussion Threads

[gaaston] 09/8/2016 15:40

Please, abc, do tone it down a bit: just from my point of view

[abc125] 09/8/2016 15:29

If anyone finds all these charts a bit too much, i'll moderate it. Let me know.

[abc125] 09/8/2016 15:05

Tentative signs of a bottom in gold. It needs to build out a bit more for a day or two to confirm.
The target for the move is $1351 as per post 15120. However, there is resistance at $1343 and $1347.



gold spot 30m

[abc125] 09/8/2016 09:26

We have got similar bottoming action to yesterday on gold. I added a third December gold spread bet at $1337. Stop just below $1334 on all three (there is roughly a $5 dollar difference between spot and futures).

spot gold 15m

[richgit] 09/8/2016 08:20

The anti Gold cabal love abusing charts against Margined Paper Gold holders

What we need is a liars Chart.

Where would PE`s be without the huge debts for stock buy backs.

Where would earnings be if expectations weren`t slashed so they could be beaten.

Where would unemployment be if those employed merely by more debt,were removed.

The overall truth will be when then US ups its debt ceiling yet again to pay for the above, GDP forecasts are reduced- again -and the Market starts to cringe at any more debt burdened-stock buy backs.

Calamity Clinton will no doubt require debt printing to Planet Zog for Her
War machine- so more endless debt and an economy than cannot be fixed with
the $Dollar accelerating in its assetlessness .

Gold versus Calamity War Mongering Clinton,and the War Lords that own Her.

[abc125] 08/8/2016 13:05

If we can get through the first hour of the U.S. open without drama, Orosur may have indeed bottomed or be very close to. I'm expecting an opening spike down in GDX to 29.50 and a rise thereafter.

[billthebank] 08/8/2016 12:40

I bought in today again to OMI And I hope I have not put the kiss of death on the share price performance

[abc125] 08/8/2016 11:37

$1330 gold is providing good resistance. We'll see if we spike below when the U.S. opens at 2.30pm. Holding my gold spread bets currently.



gold 15m

[abc125] 06/8/2016 13:34

I'm hoping fridays plunge was a mirror image of the plunge on the 14th of January right before we had the big impulse move to $1263. The % moves down were similar.

gold daily

[abc125] 06/8/2016 12:59

I don't really want to see gold break the trend line or go down to the 76.8% retrace at $1326 unless it is a quick spike down. I tend to scratch spread bets if they don't do what I expect them to do.

gold daily

[abc125] 05/8/2016 20:06

Good luck with that Tom. In a bull market what I tend to do is hold core positions and trade around the sides. I have found that if you sell out completely occasionally you will be unable to get back in if the market goes against you.

[tom111] 05/8/2016 20:01

On seeing he figures I sold quickly today and hope for a retrace being selfish.Short term gold may hit 1320-1330.Plenty of forth coming news however will imo push gold back up eventually.Did not expect those job figures.Wall Street is way overstretched imo,is the bubble going to burst?

[abc125] 05/8/2016 19:54

Given golds weakness I was really expecting a bigger retrace here, down to about 17p mid. But it refuses to budge lol. However we still have next week if gold does not rebound.

From my experience, a shallow retrace usually signifies a strong upward thrust when momentum resumes.

[gaaston] 05/8/2016 19:38

@ current pog OMI is making a healthy profit. I don't play spread bets yet am
optimistic about the future here.

[abc125] 05/8/2016 19:16

I decided to add another December gold spread bet at $1344. In for a penny in for a pound.

[abc125] 05/8/2016 18:29

Took a long spread bet on December gold at at $1350 - $5 dollars early. I decided to take the futures bet in case it turns into a multi week swing trade (no overnight financing charges). Stop at $1330. Might have to adjust that.

Separately, Orosur held up well today despite the gold smash - a sign of underlying strength perhaps?

Spot gold is holding the 50% fibonnacci retrace at $1340 as yet.

[tom111] 05/8/2016 18:00

Growth rate in the US is 1.2 and the job numbers keep coming good (not for us) lol something odd.

[gaaston] 05/8/2016 15:59

Professional investors don't believe the Jobs Reports (nor much else from the U.S of A.)

[breaktwister] 05/8/2016 15:47

Long DFB on spot gold @ $1337, bargain, will go all in if it drops to $1330

[2sporrans] 05/8/2016 15:26

Orosur is UP post Jobs report.
Expected at least 5% off on the POG retrace.
What's the other story?
Guess will emerge very soon.

[richgit] 05/8/2016 14:20

Jobs report as expected just in time to save those in Paper Gold.

Now no unemployment (lol)

How wonderfully convenient.

[abc125] 05/8/2016 11:57

Thats a possibility break twister. Gold could drop back to $1333. I would buy with both hands if it got there.

Here's a 4 hour chart which targets a bigger pullback.

[breaktwister] 05/8/2016 11:47

I expect a pullback today on expected or better NFP data, my personal opinion is that the US economy is in good enough shape that we will see a rate increase in the near-term, hence stronger dollar keeping a lid on gold in the near-term. If this happens it will be a great buying opportunity.