Member
Posted 29 December 2016 - 05:13 PM
gee, not a bad day at all and a bueno way to be ending the year,who woulda thunk it?
Senor
No End Zone celebrations allowed until GDX 80.
Si si, after battling a few hombres here I needed to let off a little el steamo!
NO BS
Senor
No problemo. Here's to a golden 2017!
Member
Posted 29 December 2016 - 06:04 PM
NUGT up 23.21% today, it should keep going for a few weeks. Yeah!
Member
Posted 29 December 2016 - 08:10 PM
Gold at 1162 in early evening trading, I think this is where lagging silver might catch up as there is a "speed zone" from about 1630-1675. lets see if silver can hit the accelerator tonight.
BSing away
Senor
Member
Posted 29 December 2016 - 08:45 PM
dollar index looks very "toasty" after some double top type action, need a sustained decline and close below 102.50 to put the first nail in the coffin IMO
Oh yeah, those mining stocks keep on chuggin, probably should get a near term trading top soon but then again maybe it's norte "surprise" time, either way I am holdin long
Pure BS
Senor
The dollar index (102.67) on the edge of a cliff as it trades just above the importante 102.50-102.60 support area. Senor has the coffin lid in place and hammer and first nail ready to go.
NO BS
Senor
Looks like the cliff dive is underway as dxy is at 102.13 - next Q is where the the next impact is (ouch for dollar bulls)? More bullish ammo for gold/silver/miners in this old hombre's opinion
BSing away
Senor
Edited by senorBS, 29 December 2016 - 08:46 PM.
Member
Posted 30 December 2016 - 01:14 PM
Member
Posted 31 December 2016 - 09:53 AM
Rally should continue into January, note the cci divergence....
Edited by Russ, 31 December 2016 - 09:53 AM.
Member
Posted 31 December 2016 - 01:10 PM
Rally should continue into January, note the cci divergence....
agree Russ that we go higher, Thurs/Fri was wild but all in all nice up moves in GDX/HUI/GDXJ/XAU. Would not be surprised to see a double bottom or slight new low is silver as part of this bottoming process, I will likely add on weakness next week. Hapy New Year everyone!
NO BS
Senor
Member
Posted 31 December 2016 - 01:42 PM
Happy New Year to you too Senor! Great trading.
Russ
Member
Posted 03 January 2017 - 09:02 AM
Platinum with a 3% move overnight appears to be making its statement suggesting a likely final low in place, what's also interesting is DXY is right at area of rally highs and gold and silver are doing okay, more signs of likely important "character" changes IMO, I will likely accumulate on weakness
BSing away
Senor
Volume Dynamics Specialist
Posted 03 January 2017 - 10:12 AM
Dollar Index BROKE OUT...
