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gld and slv a running correction ?


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#1 gannman

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Posted 27 February 2017 - 01:14 AM

there is the possibility that the metals are doing a running correction here and are done with there pullback

 

if so they are going to launch 

 

we will see i am just looking at the charts and they just dont seem like they want to pullback

 

let the prove themselves then let gold take out 1300 which it should do no problem if that is the case


feeling mellow with the yellow metal


#2 gannman

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Posted 27 February 2017 - 01:34 AM

and to make my case look at the difference in the charts of gdx and gld since feb 17 so it is possible this is a running correction in the metals 


feeling mellow with the yellow metal


#3 AChartist

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Posted 27 February 2017 - 04:21 PM

so much for that but it should be part of bottoming the low cycles could have been 

 

next week was this instead.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 gannman

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Posted 27 February 2017 - 08:35 PM

the metals didnt get killed today the stocks did time to watch 


feeling mellow with the yellow metal


#5 dougie

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Posted 27 February 2017 - 10:12 PM

so you dont think stocks lead?



#6 gannman

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Posted 27 February 2017 - 10:32 PM

sometimes not all the time


feeling mellow with the yellow metal