And one last thing...for the first time in a while, Silver actually outperforming a bit over the last few days since the bottom of the C wave down...
yep, I just posted on the GSR being at a key first support area, we see
Posted 09 March 2018 - 12:09 PM
And one last thing...for the first time in a while, Silver actually outperforming a bit over the last few days since the bottom of the C wave down...
yep, I just posted on the GSR being at a key first support area, we see
Posted 09 March 2018 - 03:14 PM
fwiw, dollar index looks like its finishing its upward correction that bodes well for gold
dharma
Posted 09 March 2018 - 03:49 PM
thanks kwave, i prefer the inverse h&s pattern , but it shouldnt make a difference
hadik yesterday. listening now https://www.howestre...year-war-cycle/
dharma
cots
https://www.howestre...year-war-cycle/
not much here. as of tuesday
commercials still short gold
Posted 09 March 2018 - 05:06 PM
just looking at the pattern since late jan we def need another drop down to complete
maybe going into the spring equinox. then we have to see how it reacts after that
nothing to do here but to watch
Posted 10 March 2018 - 08:22 AM
Friday 3/9 Twiggy
The Dollar Index continues to consolidate below resistance at 90.50. Downward breakout is likely and would offer a target of 87.
Gold is ranging between $1300 and $1350 per ounce. A declining Dollar is bullish for gold. Breakout above $1375 would offer a target of $1450.
The Aussie All Ordinaries Gold Index is testing resistance at 5100. Upward breakout would signal a primary advance with a long-term target of 6000.
Posted 10 March 2018 - 01:00 PM
This week's silver COT has such a low commercial net short position it has given a system buy signal. No signal for gold.
Posted 11 March 2018 - 11:21 AM
if you look at the chart of AU (anglo gold ashanti) you can clearly see off of the jan 25 top that we are in wave v here to
complete that sequence . what happens after that i dont know
Posted 11 March 2018 - 11:07 PM
this piece by rick rule and doug casey give their insights into the next phase of this market
http://sprottmedia.libsyn.com/
i believe the next few years will experience outsized gains in the miners
dougs closing comments are prophetic
dharma
Posted 12 March 2018 - 09:36 AM
So looking like 1325 GC is the key pivot now......if bears fail to keep it down later today, may start amassing a large long position...
A close under 1310 would not be good for bulls now.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy