Member
Posted 03 December 2016 - 10:35 AM
I posted all the evidence you ever needed last week in this forum...
Now we'll see if it holds the bounce or it's a prelude to an acceleration to the downside.
Good Luck to all who bought this morning...
Semi, despite that the miners and GDX have started showing some signs of improvement, the November monthly candle looks worrisome. What ideal situation would turn this bearishness around?
Volume Dynamics Specialist
Posted 03 December 2016 - 12:51 PM
I posted all the evidence you ever needed last week in this forum...
Now we'll see if it holds the bounce or it's a prelude to an acceleration to the downside.
Good Luck to all who bought this morning...
Semi, despite that the miners and GDX have started showing some signs of improvement, the November monthly candle looks worrisome. What ideal situation would turn this bearishness around?
We have to take this one day at a time for now...
From Monday's XAU Forecast:
XAU BOUNCES ON STRONGER VOLUME as GOLD PUSHES BACK UP ON 12/2 GANN TURN DATE - So the question now is if this holds or not and if we go by Friday's action it looks positive - but one day doesn't establish the trend - we need to see some follow through - one step at a time... Friday was a good start to a possible recovery - XAU closed UP 2.99 at 82.30
