405 replies to this topic

[tradesurfer]

Russ, looks like another nice 5 up and near term correction underway, could work somewhat lower next week but a bullish pattern IMO

[tradesurfer]

The gdx pattern sort of looks like an inverse cup and handle? Not a good thing going into seasonally weak june

[senorBS]

The gdx pattern sort of looks like an inverse cup and handle? Not a good thing going into seasonally weak june

I'll side with the clear 5 up daily

 

Senor

[AChartist]

silver slv looks like another jack chan buy, I hope I have time to get another 100oz at monex.

 

hard to say if a new buy signal congests a while or goes but chan says they are all on monthly guys signals.

 

it is here

 

http://beforeitsnews...te-3153388.html

[dharma]

_{i am not being political . just looking at the affects of whats on the table on the gold market}

_{so, far tonight gold is having a bit of a surge.}  

_dharma

[gannman]

what i have noticed that with the raising of rates the dollar has been weak which is counter intuitive. so good for us'ns 

[dharma]

tomorrow is options expiration. gold can rally , but w/the broad market under pressure, i am skeptical the miners can maintain their rally, since the opening the miners have given 2/3 s of the rally back. caution here.  commercials are selling into this. 

dharma

[johngeorge]

dharma

 

Thanks for the heads up.  So far XAU and HUI holding their own.  I am looking to buy on a pullback.

[dharma]

gann guy http://www.ganngloba...06f6c802e597cba

the gap open seemed to be perfect set up for the banksters. to sell into options expiration. sitting pat. 

tomorrow expiration then we see what the trend is.  gold new highs for the move , miners not. imo 

not a happy set up for the bulls.

dharma

[dougie]

The gdx pattern sort of looks like an inverse cup and handle? Not a good thing going into seasonally weak june

I'll side with the clear 5 up daily
 
Senor

If 5 up then you have us in a wave 2 here?