Jump to content



Photo

Gold and Gold Stocks Buy Signal


  • Please log in to reply
14 replies to this topic

#1 Russ

Russ

    Member

  • Traders-Talk User
  • 5,341 posts

Posted 28 September 2018 - 09:23 PM

1st chart from another source...

 

 

 

My chart predicted the mid August low from April and then recently predicted the test low and reversal.

 


"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/

#2 senorBS

senorBS

    Member

  • TT Member+
  • 8,422 posts

Posted 28 September 2018 - 09:37 PM

1st chart from another source...

 

 

 

My chart predicted the mid August low from April and then recently predicted the test low and reversal.

 

nice charts and gracias, matches where I think we could be at wave wise, next week should be up substantially if my bullish take is correct

 

Senor



#3 Russ

Russ

    Member

  • Traders-Talk User
  • 5,341 posts

Posted 28 September 2018 - 10:27 PM

 

 

nice charts and gracias, matches where I think we could be at wave wise, next week should be up substantially if my bullish take is correct

 

Senor

 

Thanks Senor, I appreciate your work too. It is interesting that semibizz's work is still neutral because of lack of volume,  the internals speak volumes as the 'generals' as you said are leading the stocks up.


"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/

#4 Russ

Russ

    Member

  • Traders-Talk User
  • 5,341 posts

Posted 29 September 2018 - 05:34 AM

This free newsletter has some very good charts for many markets and also gold charts towards the bottom... https://breakpointtr...acy/?nl_id=3966


"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/

#5 Smithy

Smithy

    Member

  • Traders-Talk User
  • 727 posts

Posted 29 September 2018 - 10:18 AM

Yesterday's spot gold low at 1180.8 was 62.0% retrace.



#6 PrintFaster

PrintFaster

    Member

  • Traders-Talk User
  • 1,646 posts

Posted 08 October 2018 - 03:22 PM

Sombody big bought at the bell.

 

gdx.png



#7 Russ

Russ

    Member

  • Traders-Talk User
  • 5,341 posts

Posted 08 October 2018 - 05:10 PM

Sombody big bought at the bell.

 

gdx.png

Interesting, somebody big sold a huge amount of NUGT in July and then the market crashed.


"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/

#8 dougie

dougie

    Member

  • Traders-Talk User
  • 6,129 posts

Posted 09 October 2018 - 01:47 AM

 

Sombody big bought at the bell.

 

gdx.png

Interesting, somebody big sold a huge amount of NUGT in July and then the market crashed.

 

wait help me out here...someone is always buying and selling here are they not?



#9 Russ

Russ

    Member

  • Traders-Talk User
  • 5,341 posts

Posted 09 October 2018 - 04:44 AM

 

 

Sombody big bought at the bell.

 

gdx.png

Interesting, somebody big sold a huge amount of NUGT in July and then the market crashed.

 

wait help me out here...someone is always buying and selling here are they not?

 

Yes they are always buying and selling but the volume spike at the closing bell was bigger than the past 5 days spikes by far, so the theory here is that some big money place a bet that the prices are going to reverse to the upside now and that person(s) has big money to speculate with presumably because they have an edge.


"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/

#10 crossd

crossd

    Member

  • Traders-Talk User
  • 92 posts

Posted 09 October 2018 - 07:46 AM

re: GDX..it's gotta bust up thru the 50 day ma and hold it 2 days for it to be bullish

 

else its more of the same ..side to down

 

donc