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CAPITULATION IN XAU, NUGT ETC.


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#1 SemiBizz

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Posted 11 September 2015 - 08:42 AM

TOAST... NEW LOW XAU 43.43 41s next good support
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#2 SemiBizz

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Posted 11 September 2015 - 08:48 AM

in this case... Silence IS Golden... :lol: I have been waiting YEARS for this day. B)
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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

#3 fib_1618

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Posted 11 September 2015 - 09:03 AM

Note there's no one urging to BUY BUY BUY

How about BYE, BYE, BYE? :)

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#4 tradesurfer

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Posted 11 September 2015 - 09:21 AM

in this case...

Silence IS Golden...

:lol:

I have been waiting YEARS for this day.

B)




Do you think 41.61 support will hold in the XAU ? that is the ALL TIME LOW in 2001

#5 SemiBizz

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Posted 11 September 2015 - 09:27 AM

in this case...

Silence IS Golden...

:lol:

I have been waiting YEARS for this day.

B)




Do you think 41.61 support will hold in the XAU ? that is the ALL TIME LOW in 2001


I don't have any reason to expect that it will hold... none whatsoever.

It is a falling knife.

If the F'eds raise, and this sorta says they will

We could be down at 18 like the BKX a few years ago...

How apropos...

:lol:
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

#6 goldfungus

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Posted 11 September 2015 - 10:12 AM

in this case...

Silence IS Golden...

:lol:

I have been waiting YEARS for this day.

B)


Agreed.

#7 dougie

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Posted 11 September 2015 - 12:00 PM

http://schrts.co/NrMsVQ

#8 dougie

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Posted 11 September 2015 - 12:01 PM

So you short in here Semi?

in this case...

Silence IS Golden...

:lol:

I have been waiting YEARS for this day.

B)




Do you think 41.61 support will hold in the XAU ? that is the ALL TIME LOW in 2001


I don't have any reason to expect that it will hold... none whatsoever.

It is a falling knife.

If the F'eds raise, and this sorta says they will

We could be down at 18 like the BKX a few years ago...

How apropos...

:lol:



#9 dougie

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Posted 11 September 2015 - 12:34 PM

any comments on the HUGe VOlUME since mid August?

#10 senorBS

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Posted 11 September 2015 - 01:39 PM

Like what I saw from the miners so far today, I took a modest long miner trading position - no leveraged stuff. Lots of new lows that look like potential ED's (ending diagonal triangles) and now a nice reversal, divergences galore. I am being cautious in front of the Fed meeting next week, but like the risk/reward here and again it is a modest trading position BSing away Senor