Member
Posted 05 July 2018 - 01:01 AM
Still could be a wave 4 here on 10 minute chart
bullish grabbing at thin air
dougie
"bullish grabbing at thin air"
I have been accumulating a little all along now, that is, since about $1315 gold. Bullish for the long term is I. Added some GSV and JNUG and a few others including a junior junior. It is very small and new, but, I think it has some long term prospects. Will know in the fullness of time. This is not a recommendation. Do your own due diligence. NVGLF.
Best of luck dougie.
you too JG
Member
Posted 05 July 2018 - 10:54 AM
too early to jump to conclusions, but the action is encouraging. could it work into a double bottom? or will it be a V ? seasonally this is the time for gold to bottom. sentiment reading are supporting that. dont do anything stupid, i tell myself. shooting myself in the foot by getting overly aggressive. if this is it. then there will be plenty of time. the miners are ridiculously valued. they have been sold hard.
dharma
Member
Posted 05 July 2018 - 12:06 PM
Member
Posted 05 July 2018 - 01:45 PM
the overshoot of trendlines both up and down. have been traps. the last break, down the jury is still out. but i am leaning toward it having been a trap
dharma
Member
Posted 05 July 2018 - 03:35 PM
not gonna comment that much unless something unexpected happens, IMO everything has come together the past few weeks and I am about 60% long the miners, don't want to over analyze it. I am not over confident but I think we are in the beginning of a large and extended int term advance at a minimum, as always DYODD
Senor
Member
Posted 06 July 2018 - 01:37 AM
Double bottom on the A/D looking bullish for a summer rally...
Edited by Russ, 06 July 2018 - 01:38 AM.
