emerging wave 3
#1231
Posted 19 May 2018 - 03:26 PM
#1232
Posted 19 May 2018 - 03:35 PM
The above chart shows that in short term Dollar rally is cooked.
#1233
Posted 20 May 2018 - 09:41 PM
poking around there were some real OUTPERFORMERS last weel : very stealthy!
NEVSUN was the biggie.
#1234
Posted 20 May 2018 - 09:44 PM
anyone own Kirkland lake? What a monster
#1235
Posted 21 May 2018 - 07:46 AM
Silver trying to stage a comeback after whoosh down after losing 16.40 overnight....what happens over next few hours may be important to IT direction....
Edited by K Wave, 21 May 2018 - 07:46 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1236
Posted 21 May 2018 - 08:01 AM
there's a 5 min close over 16.50...now we see if bulls can make this stick.
A whole bunch of time frames all ready to sync up here...bulls have ball as long as above 16.40 now...
Above 16.60, and hourly starts to look more bullish again...
Back below 16.40 now, and this pop likely last gasp before more protracted decline....moment of truth here today methinks....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1237
Posted 21 May 2018 - 08:28 AM
Watching Gold here to see if it can climb back over 1290.
IF it does, could be signal that the early AM washout below 1285 was the last flush, and the floor is now recaptured...
Back below 1285 now would not be good for bulls...
So pretty low risk entry in this area if you have a bullish outlook...just make sure to honor the stop...
Edited by K Wave, 21 May 2018 - 08:29 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1238
Posted 21 May 2018 - 08:28 AM
Silver trying to stage a comeback after whoosh down after losing 16.40 overnight....what happens over next few hours may be important to IT direction....
Looks like a possible FINAL SOLO ACT low in gold this mornin, silver and miners look really solid, especially silver, added a bit of JNUG sub 14. Anyone else "feel the coil" and tension here?
Senor
#1239
Posted 21 May 2018 - 08:49 AM
I'm with you Senor, but don't have a clear count for gold this last week. Hourly momentum divergence is encouraging. K-wave nailed it - bullish above 1285.
#1240
Posted 21 May 2018 - 09:06 AM
Yes, Senor. Lots of tension being felt here with an eye to $1425 gold once this breaks loose. Thank you for your always thoughtful posting.
johngeorge