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Did my first gold stock buy, tiny position


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24 replies to this topic

#21 dougie

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Posted 16 November 2016 - 01:16 AM

Nice trading

#22 senorBS

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Posted 16 November 2016 - 09:45 AM

Nice trading

gracias, rally up to GDX 22 area so far looks corrective to me so I am gone, and dollar still looks higher so I am thinking another new low is a valid possibility

 

BSing away

 

Senor



#23 dougie

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Posted 16 November 2016 - 11:37 AM

Well if we spend much time beneath 1210 I am gone short

#24 Smithy

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Posted 20 November 2016 - 08:53 AM

Senor, as of the close on Friday, does the hourly gold chart look like a 4th wave triangle to you?



#25 senorBS

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Posted 21 November 2016 - 10:03 AM

Senor, as of the close on Friday, does the hourly gold chart look like a 4th wave triangle to you?

It didn't to me but a wave 4 contracting tri "could" develop here though I can easily count the decline done under a potential ending correction count. But it's dicey here and we need to wait and see if today's rally can be sustained and extended

 

Senor