From safeweathadvisory.com - chart of Gold sentiment readings
emerging wave 3
Posted 13 June 2018 - 10:02 AM
Great stuff, gracias. Yet another piece of the bullish puzzle
Posted 13 June 2018 - 02:05 PM
gold/silver/gdx/gdxj all positive
tomorrow we have ecb draghi. that may be more bullish then the fed. an end to qe! which has proven to be deflationary now velocity of money has turned up for 4 quarters. (jumping the gun here by 2 weeks) . i believe velocity of money is key.
Posted 13 June 2018 - 02:34 PM
working on a 5 wave move off thodays lows on 10 minute chart
did the boys just trigger a bunch of stops
Posted 13 June 2018 - 02:40 PM
muy bueno action into the last hr, lets get that GDXJ rallying and closing above 33.12-33.16 resistance!
Posted 13 June 2018 - 03:49 PM
the basic story in this sector is that it is bullish when silver leads
that is what we have right now so thats a positive need a couple
of really good days here to the upside
Posted 13 June 2018 - 05:16 PM
1305 GC and 910 PL stating to look a lot like SI 16.50....
Silver looks to be well out of the gate...decent chance Gold and Platinum may finally follow tomorrow...very nice recovery on both of those today....
Posted 14 June 2018 - 07:47 AM
Looks like a bueno start to the day, should be no excuses here as silver has lead and its time for gold and the miners to join the norte party
Posted 14 June 2018 - 10:11 AM
the gann # is 1309 . silver is leading . gold is following . so are the miners. i expect this move to be stealth for awhile. there is a healthy contingent of bears. yesterday marks the seasonal low time of year. dsi was 13 for much of last week. tomorrow is the boj . interest rates are alot higher in india and china. yet their economies are seeing the fastest gdp growth, and they are the biggest savers and hoarders of gold . as they get richer they buy more gold . so far jewelry demand from that part of the world has increased 6-8% y oy while mine supply has increased 1% something has got to give. it will be price.