31 replies to this topic

[tria]

Gold is kissing an hourly uptrending life support line at 1242.50-1243.50

Closing below this, could spell some trouble for tomorrow, but as always perhaps, perhaps.

[tria]

What is Mr. Armstrong talking about with his Double Daily Bearish Silver Reversal warning

which as he says is very rare?

https://www.armstron...silver-warning/

 

How can I sleep here in Athina as I'm waiting to sell the 'family silver' asap to pay for still higher taxes

on practically everything including higher income, real estate, rental, mobile phone use, internet use

taxes and VAT (sales tax) now @ 24%. Next thing may be an air breathing tax, a swimming or a fishing tax.

Enough apparently is not enough with these people.

The majority of the people now shout at them : " Just GO away"

I doubt it very much they will resign all that easily now that they have tasted the honey pie.

Edited by tria, 27 April 2016 - 10:23 PM.

[relax]

up all week, think it is going for new highs 

 

cheers

[tria]

Hope Gold stays near the London highs (1,259.015 so far) near the GDX opening to get some DUST fills

with no stop till Friday's closing bell.

Above 1,260 my Dec futures call options become in the money whilst the Silver ones are deep in the money.

[SemiBizz]

Someone's exit is someone else's entry point.

 

Case in point here is the strongest hourly volume high by far on the GDX chart is final hour (65 min) on 4/20 - 23.52 high.

 

Strongest hourly volume low for DUST is 1.82.

 

High volume lows and highs love to be tested...

 

DUST traded at 1.78 premarket.

[SemiBizz]

It's not ready yet, but might be close...

 

XAU made new CLOSING HIGH yesterday...

 

and a NEW 2016 HIGH this morning...

Edited by SemiBizz, 28 April 2016 - 08:52 AM.

[tria]

They just had to fill me with DUST, all of it.

 

Now comes the tough sitting to the +/- 0.00 stop loss line in the sand.

 

Now my Dec16 Gold futures Calls strike 1,260 are in the money at last and after such a long wait.

 

May them stay 'IN'  for ever and ever, AMEN !  

[dougie]

Parabolic move before correction?

[SemiBizz]

This isn't hard, it's a typical F'ed meeting bounce, exaggerated by the B of J "non-move" last night.

 

Their game should be as usual, push the indices higher to higher highs then step all over gold.

 

We'll see if it is any different this time.

[dougie]

Got targets ?