off the Sept 11 lows GDX waht is a reasonable impulsive count?
we are in ii of 3?
bottoming action for the start of a big rally
Started by
dharma
, Jul 10 2018 09:45 AM
631 replies to this topic
#482
Smithy
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Posted 03 October 2018 - 02:23 PM
I'd like to see spot gold hold the 1193 - 1197 zone. Below this my bullish interpretation starts to fade. Today and tomorrow probably makes or breaks this.
#483
SemiBizz
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Posted 03 October 2018 - 03:01 PM
This gold contract just loves to hug on 1202...
4PM ... 1202 on the contract.... just loves that price.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#484
CLK
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Posted 03 October 2018 - 05:39 PM
Where is the "V" bottom the commercials were signaling 6 weeks ago ? Sideways ledge.
#485
dharma
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Posted 04 October 2018 - 10:41 AM
you realize things dont happen instantly . break above 1220 and it will signal to me the lows have been struck . until then i believe we can test and break the august lows. go back and look @ how rare it is for the commercials to be long . these are the real sharks. dont think so , "trade w/the big boys ,trade w/the hunts" back in the 70s that was the slogan. hunts were big boys, until the real big boys changed the rules on the comex and the hunts corner in the silver market was busted.
this chart from stewart thompson paints quite the picture https://gracelandupdates.com/wordpress/wp-content/uploads/2018/10/2018oct4bond1.png
china closed on holidays this week for golden week. next week they are back. so i dont take anything seriously this week.
dharma
ps. abx is being run by former g former gs president. i have always avoided abx because it served the banksters. now , it is getting leaner. curtailing needless spending making the company fit for his buddies to invest. thornton is doing a good job of making the company investible i still dont trust them, but its a hat tip to making abx great!
#486
SemiBizz
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Posted 04 October 2018 - 11:56 AM
Gold Contract 1202 here... I tell you this, when it finally breaks away from this, it's going to be a long time before we see it again....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#487
SemiBizz
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Posted 04 October 2018 - 12:34 PM
1202 at Comex Close....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#488
Smithy
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Posted 04 October 2018 - 03:03 PM
I'd like to see spot gold hold the 1193 - 1197 zone. Below this my bullish interpretation starts to fade. Today and tomorrow probably makes or breaks this.
At the close on Thursday, so far so good. I remain bullish as long as this support holds. Below, I am neutral.
#489
Smithy
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Posted 05 October 2018 - 10:26 AM
dharma, I didn't understand your post about Hadik. Calling for mid Oct gold low?
#490
dharma
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Posted 05 October 2018 - 02:38 PM
disregard the post above smithy. hadik is long for him the market conformed to his parameters
maund https://www.gold-eag...e-credit-crunch
i am doing some light buying here and there. my fear is if a crash does occur gold gets hit
dharma
cots http://news.goldseek.../1538768126.php
little was done this week . the commercials are still long gold , they added a little bit . they remain very short the dollar. lopsided so. and they went lightly short silver.
Edited by dharma, 05 October 2018 - 02:42 PM.
