Jump to content



Photo

Precious Metals Update - 6/29/18

xauyahoo advance/decline line gold silver precious metals

  • Please log in to reply
3 replies to this topic

#1 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 01 July 2018 - 02:06 PM

With the recent break of trend of the A/D line last Monday, the next window for a tradable low is now in early August.

 

Fib

 

xauyahoo062918.png


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#2 senorBS

senorBS

    Member

  • TT Member+
  • 10,938 posts

Posted 07 July 2018 - 01:38 PM

I view the A/D line as I do the Miner ETF's/indices as massively diverging into the recent gold new lows. This IMO only adds to the odds that an intermediate term bottom is occuring now and gold saw finals lows last week and miners will move sharply higher. we see

 

Senor



#3 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

  • Traders-Talk User
  • 5,626 posts

Posted 09 July 2018 - 02:54 AM

I took a position in GDX last week (All stocks are BAD...unless they go up - William O'Neil)

 

gdx.gif


Edited by Chilidawgz, 09 July 2018 - 02:56 AM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 Russ

Russ

    Member

  • Traders-Talk User
  • 7,193 posts

Posted 28 July 2018 - 04:47 PM

Very good call Fib, so a tradable low should be coming soon now. There is some divergence in the new highs new lows for the gold stocks now.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/





Also tagged with one or more of these keywords: xauyahoo, advance/decline line, gold, silver, precious metals