Jump to content



Photo

that was a crap showing by gold stocks


  • Please log in to reply
21 replies to this topic

#1 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 14 December 2016 - 04:02 PM

no other way to put it  good if you had dust


feeling mellow with the yellow metal


#2 dougie

dougie

    Member

  • Traders-Talk User
  • 9,041 posts

Posted 14 December 2016 - 04:27 PM

good to know SOME did 



#3 senorBS

senorBS

    Member

  • TT Member+
  • 10,941 posts

Posted 14 December 2016 - 04:54 PM

no other way to put it  good if you had dust

crap showing? I guess "crap showin "is in the eye f the beholder, looks like a post triangle thrust to what I thnk will be a good trading low to me, my stink bids in GDXJ went off at 32.40. Put in a smallish 10% of portfolio trading position

 

BSing away

 

Senor



#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 14 December 2016 - 07:13 PM

MONSTER VOLUME BROKE IT....

 

And the only saving grace for the XAU is it closed pennies over the 77 support pivot.

 

This thing has more room to run... DOWN.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 14 December 2016 - 08:45 PM

senor i hope you are right 


feeling mellow with the yellow metal


#6 dougie

dougie

    Member

  • Traders-Talk User
  • 9,041 posts

Posted 14 December 2016 - 10:42 PM

Down looks right

#7 senorBS

senorBS

    Member

  • TT Member+
  • 10,941 posts

Posted 15 December 2016 - 12:00 AM

senor i hope you are right 

Hey, I "like" the chances it could bottom here but it's only a trade and a best guess

 

Senor



#8 senorBS

senorBS

    Member

  • TT Member+
  • 10,941 posts

Posted 15 December 2016 - 12:01 AM

Down looks right

thanks for the contra-support, lets see if it worksyes.gif



#9 Russ

Russ

    Member

  • Traders-Talk User
  • 7,193 posts

Posted 15 December 2016 - 12:47 AM

Note that XAU did not take out its previous low, Silver is diverging which is a positive and a nice long doji formed on the 5 hour gold chart. http://www.investing...ommodities/gold  At least a bounce up should happen, this was also near the full moon which was closer than usual.

 


Edited by Russ, 15 December 2016 - 12:52 AM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#10 dougie

dougie

    Member

  • Traders-Talk User
  • 9,041 posts

Posted 15 December 2016 - 01:32 AM

 

Down looks right

thanks for the contra-support, lets see if it worksyes.gif

 

will be watching !

Do you see this as something more than a bounce?