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wave 3?


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#181 gannman

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Posted 03 April 2017 - 09:44 AM

I just like the way the metals are hanging and I like the chart pattern on slv a lot
feeling mellow with the yellow metal


#182 senorBS

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Posted 03 April 2017 - 09:58 AM

I just like the way the metals are hanging and I like the chart pattern on slv a lot

I like a LOT of chart patterns here, but as always we need to see some decisive action this week I believe. Now up to about 18% long

 

Senor



#183 dharma

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Posted 03 April 2017 - 11:34 AM

finishing this right shoulder of an inverse h&s pattern on gdx/gdxj are a big indicator to me. once we break above the neckline, then it will be game on

i think at some point this year we see more price appreciation. the sector has a good base to build upon. 

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#184 dougie

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Posted 03 April 2017 - 12:02 PM

Taking some small profits in my successful juniors

#185 tradesurfer

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Posted 03 April 2017 - 02:44 PM

gold price is behaving like a fighter, everyone keeps beating on it, putting it down and coming up with all kinds of analysis and excuses why it needs to collapse and it keeps popping up like a fishing bobber in the water



#186 gannman

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Posted 03 April 2017 - 04:19 PM

that is what i am thinking tradesurfer


feeling mellow with the yellow metal


#187 senorBS

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Posted 03 April 2017 - 05:49 PM

that is what i am thinking tradesurfer

and that is what I am thinking as well, there is a lot of stuff that looks to me ready to ROCK NORTE IN WAVE iii of 3, time will tell, and IMO very few believe that likely or possible at this time, that is when it often occurs

 

BSing away

 

Senor


Edited by senorBS, 03 April 2017 - 05:49 PM.


#188 AChartist

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Posted 03 April 2017 - 09:32 PM

added a hundred ounces of silver at monex today, goal is 1000 oz before it gets away

 

from us which is almost doubling my phys at 1/4 the price with margin.

 

Cycles are good there will be one down week in the future in about 3 weeks,

 

i am hoping for a run above the Jul-Sep line on close downtrend line in $gold, to test above that

 

in 3-4 weeks, giving that a chance to work on strong cycles.

 

There are some elevating rising weekly cycles that can work bigly at any time leaving dear in the headlights.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#189 dougie

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Posted 04 April 2017 - 01:36 AM

Sure looks like we need a 3 up or a C here

#190 senorBS

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Posted 04 April 2017 - 08:45 AM

adding longs this morning, GDXj and some other stuff

 

BSing away

 

Senor


Edited by senorBS, 04 April 2017 - 08:46 AM.