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The unfolding upmove in gold

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#11 Smithy

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Posted 24 October 2018 - 07:33 AM

10-24-18-gold-triangle.jpg



#12 senorBS

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Posted 24 October 2018 - 08:09 AM

10-24-18-gold-triangle.jpg

nice chart, pretty interesting that gold is handing near 1230 while dollar very close to the major rally highs

 

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#13 Smithy

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Posted 25 October 2018 - 07:30 AM

Good piece by Stewart Thomson  - dated Tuesday

 

http://www.321gold.c...n_s_102318.html



#14 Smithy

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Posted 26 October 2018 - 11:40 AM

Friday morning 10/26 - since the Aug 15th low the price of gold in Aussie dollars has risen AD$158; in USD it has risen only USD $84. This CAN'T continue.



#15 Smithy

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Posted 26 October 2018 - 02:27 PM

10-26-18-gold-break.jpg



#16 Smithy

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Posted 27 October 2018 - 01:43 PM

Do the gold stocks lead the gold price?  Comments welcome.

 

10-27-18-HUI-gold.jpg
 



#17 Smithy

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Posted 28 October 2018 - 10:23 AM

This 30 year seasonal silver chart (1986-2016)  says that next week is the single best time of the year to buy.

 

silver-seas-Speck.jpg


Edited by Smithy, 28 October 2018 - 10:24 AM.


#18 Smithy

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Posted 31 October 2018 - 02:39 PM

Nibbling at a small trial long position against today's spot gold low of 1212, currently 1214. Test small fail cheap.



#19 Smithy

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Posted 01 November 2018 - 07:09 AM

Yesterday's position looking good, I'll be trailing further buys. 

If we can get above spot 1244 we'll have 5 waves up from the Aug 15 low and I'll be one happy camper.
The target posted earlier in this thread of 1260-65 remains. 


Edited by Smithy, 01 November 2018 - 07:13 AM.


#20 senorBS

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Posted 01 November 2018 - 07:18 AM

Yesterday's position looking good, I'll be trailing further buys. 

If we can get above spot 1244 we'll have 5 waves up from the Aug 15 low and I'll be one happy camper.
The target posted earlier in this thread of 1260-65 remains. 

nice buy amigo, looks like nice abc down done in gold, lots of stocks (NEM great example) and stuff like SILJ going in recent days to new lows for this entire decline from 2016 highs and IMO clearly looking like wave 5 of C's with daily and weekly bullish divergences, we should rally very strongly in miners if this is correct

 

Senor







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